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BTC price is around $66,200, and despite all the good news, there are justified reasons for the decline. The fact that the $65,000 support is still holding is positive because the return of assets to MtGox creditors through agreed exchanges continues. Meanwhile, Coinbase announced the listing of a new altcoin.
Altcoins to be Listed
According to a recent announcement from Coinbase’s corporate account, the US-based exchange will list a token called BLOCKLORDS (LRDS). Coinbase is already the largest crypto exchange in the US and a publicly traded company. To accelerate its growth, the platform has been diversifying its revenue streams for a long time and has sped up listings since the last quarter of 2021.
The latest listing announcement stated:
“Coinbase will add support for BLOCKLORDS (LRDS) on the Ethereum network (ERC-20 token). Do not send this asset over other networks, or your funds will be lost. Transfers for this asset are available on Coinbase & CoinbaseExch in regions where trading is supported.
Trading will begin later today if liquidity conditions are met. Once sufficient supply of this asset is established, trading on our LRDS-USD pair will launch in phases. LRDS support may be restricted in some supported jurisdictions.
The contract address for BLOCKLORDS (LRDS) on the Ethereum network (ERC-20 token) is 0xd0a6053f087E87a25dC60701ba6E663b1a548E85.
Coinbase will add support for LRDS with the Experimental Label.”
Today, the price of the relevant altcoin increased by over 120%. After the listing announcement, it jumped from $1.46 to $1.8.
