Coinbase, the largest cryptocurrency exchange in the US by volume, recently announced the listing of EIGEN, adding it to their roadmap. The exchange aims to broaden its user base by listing more altcoins, anticipating further price increases in the market. This strategic move indicates Coinbase’s commitment to remaining competitive in the dynamic cryptocurrency landscape.
Coinbase Altcoin Listing Strategy
Coinbase typically selects assets for altcoin listings based on their roadmap. Announcements about new listings can significantly influence the prices of altcoins, especially during bullish market trends. In cases of altcoins with low trading volumes, a single announcement can lead to a price surge of up to 20%.
Recent Additions to the Roadmap
Despite the recent decline in BTC prices, Coinbase has added two new cryptocurrencies to its listing roadmap. Inclusion in the roadmap does not guarantee that these assets will be listed, but typically, assets included in the roadmap are listed within a week. Rarely, some may be removed from the roadmap.
Coinbase has added ioNet (IO) Token, with a contract address of BZLbGTNCSFfoth2GYDtwr7e4imWzpR5jqcUuGEwr646K from the Solana 
$241 network, to its roadmap. Additionally, Degen (DEGEN), with the contract address 0x4ed4e862860bed51a9570b96d89af5e1b0efefed, is also included in the listings. Investors should exercise caution against potential fake tokens.
