Coinbase’s listing moves continue to come one after another. Announcing the listing of LayerZero (ZRO) and another altcoin that marked the day, Coinbase seems to be trying to make the most of the market volume before a possible bull season.
LayerZero and Core Are Listed
Coinbase exchange announced the listing of LayerZero, which has been frequently mentioned by airdrop followers recently.
The exchange’s announcement was as follows:
Coinbase will add support for LayerZero (ZRO) on the Ethereum network (ERC-20 token). Do not send this asset over other networks, or your funds may be lost. Transfers for this asset are available at @Coinbase & @CoinbaseExch in regions where trading is supported.
Minutes later, the exchange announced that Core (CORECHAIN) would also be listed, once again sparking the idea among investors that they might be preparing for a bull season with these consecutive announcements.
The announcement about Core was as follows:
Coinbase will add support for Core (CORECHAIN) on the Coredao network. Do not send this asset over other networks, or your funds may be lost. Transfers for this asset are available in regions where trading is supported @Coinbase & @CoinbaseExch.
What is the Price of LayerZero?
After the news, attention turned to prices. LayerZero, which rose to $4.7 in the first minutes of trading, showed a clear decline. As of the time of writing, ZRO’s price, which has fallen by 14%, is calculated at $3.52.
The current market volume of ZRO is seen to be $880 million, with a 24-hour trading volume exceeding $332 million. In these days of market decline, the market volume and trading volume are visibly lower compared to previous months.
Nevertheless, it seems that the question of where LayerZero can reach in terms of price and volumes in the coming days will continue to be a topic of interest.