As the price of Bitcoin continues to decline, one of the largest exchanges in terms of volume has announced the listing of a lesser-known altcoin today. Coinbase, the main competitor of Binance, has been following an aggressive altcoin listing policy for quite some time. Despite the SEC’s regulations, regular new listings are being made every month.
Altcoin to be Listed on Coinbase
The price of Bitcoin has lost a significant support level, yet Coinbase is announcing the good news of a new altcoin listing. The CEO of Coinbase had previously stated that listings would accelerate starting from the end of 2021. Accordingly, they have listed dozens of cryptocurrencies. Despite the challenging bear market, they continue with the listings.
The altcoin announced today is the little-known Big Time (BIGTIME) token. Once liquidity conditions are established, the trading pair will become active today. When listing is completed on the exchange in the coming hours, substantial sales may reverse the ongoing upward trend.
Following the announcement, the price increased by 40 percent. The trading volume remains at $22 million, and the token continues to be traded on exchanges like OKX. Investors who wish to send tokens to Coinbase must do so through the Ethereum network.
The NFT game token BIGTIME received millions of dollars in investment two years ago. Multiple NFT sales were completed through Binance NFT. Additionally, the listings on OKX and Coinbase indicate that we will hear more about the token.
