Volume plays a crucial role in the cryptocurrency market, and daily volume has surged from $14 billion last year to $300 billion recently. Exchanges continue to expand their market share by adding new listings. As this article was being prepared, the price of Bitcoin $99,148 exceeded $101,000.
Latest Altcoin Listings
Coinbase has just updated its listing roadmap. Moo Deng (MOODENG) and MOG Coin (MOG) have been added to the roadmap. Additionally, an announcement for PNUT was made today, and we have witnessed a flurry of new listings throughout December. These aggressive listings are strengthening exchanges as the Bitcoin price climbs to new heights.
The timing of the additions for MOODENG and MOG coincides with Bitcoin surpassing the $101,000 mark. If official listing announcements follow in the coming hours, these coins may experience further price increases.
Coinbase does not have a strict requirement to list the altcoins added to its roadmap. However, given the rapid listing of altcoins added to the roadmap in this last quarter of the year, investors are on high alert for any forthcoming announcements.