Exciting times continue for cryptocurrency traders. Despite ongoing fluctuations in Bitcoin $98,353 prices, positive news is emerging, particularly regarding altcoins. Bull markets present significant opportunities for traders who are vigilant about news-driven trading. Today was one of those days.
Altcoin Listings
Coinbase announced a roadmap and listing details for multiple altcoins today. At the time of writing, it revealed that two cryptocurrencies would be listed. These new listings indicate that the relevant altcoins have undergone recent evaluations by Coinbase, providing considerable benefits. Due to their increased accessibility on more exchanges and a form of endorsement from Coinbase, demand for these altcoins is likely to rise.
“Coinbase will add support for MOG Coin (MOG) on the Base network. Do not send this asset through other networks, as your funds may be lost. Trading will begin on December 5, 2024, at 09:00 UTC or later, provided liquidity conditions are met. Trading on the MOG-USD pair will commence gradually once sufficient supply is available. Support for MOG may be restricted in some jurisdictions.
Coinbase will also add support for Movement (MOVE) on the Ethereum $3,794 network (ERC-20 Token). Do not send this asset through other networks, as your funds may be lost. Trading will begin later today, provided liquidity conditions are met. Trading on the MOVE-USD pair will commence gradually once sufficient supply is available. Support for MOVE may be restricted in some jurisdictions.
The Ethereum network (ERC-20 token) contract address for Movement (MOVE) is 0x3073f7aAA4DB83f95e9FFf17424F71D4751a3073.”