Bitcoin price has turned downward again, but exchanges seem optimistic and continue listings. The largest U.S. cryptocurrency exchange, Coinbase, continues the accelerated listings it started at the end of 2021. A recent announcement was made for a new altcoin. So, which cryptocurrency will be listed?
Last Minute Altcoin Listing
Coinbase announced that it will support the Stader (SD) Token, an ERC20 token on the Ethereum network. The listing will be simultaneous on Coinbase and Coinbase Global. Deposits are already active for the listing expected on July 30. If the necessary liquidity conditions are met, the pair will go live at 1:00 PM (ET). For now, only the USD pair will be available.
The exchange is not adding an experimental label to this altcoin, which is positive for SD Token. Following the news, the SD Token price rose above $0.7. The token is already available on many cryptocurrency exchanges, and due to its recent popularity with upper wicks, investors are advised to be cautious about quick returns. The price increased by 40% just today.