As we approach more enjoyable days in bull markets, the frenzy of altcoin delistings has been replaced by rapid listings. Cryptocurrency exchanges, which delisted assets that did not cover order book costs in the tough bear market environment and sought to escape market-making expenses, are now making back-to-back listings. Each period has its own unique rules, of course.
Coinbase Altcoin Listing
Recently added to the listing roadmap, Shadow Token (SHDW) will be listed by Coinbase according to a recent announcement. It hasn’t been very long since it was added to the roadmap; generally, such tokens are officially listed within 7-10 days, and this was the case for SHDW as well.
SHDW Coin price saw an increase of over 30% at the time this article was prepared, influenced by the news. The price exceeded $2.35, and the trading volume increased by 50%. With a market value still below $300 million and a daily total volume of $2.2 million, this altcoin could climb higher if it maintains the excitement.
However, investors may likely see a “sell the news” event after the listing is completed. This tends to be the standard with Coinbase listings. As of 19:00 (TSI), the price surpassed $3.
