The most thrilling announcements in bull markets are those signaling upcoming listings or the approach of such listings. They trigger abnormal price movements and investors start buying early, knowing that the relevant altcoins will gain more liquidity. Coinbase has made yet another announcement.
Breaking News on Altcoin Listing
Coinbase has announced just a few minutes ago that two more altcoins have been included in the exchange’s listing roadmap. As we have discussed at length before, the primary goal is to minimize the price volatility that comes with listing announcements. On the other hand, this creates a multiplier effect in bull markets.
Investors waiting for the inclusion of the relevant altcoins in the roadmap to make purchases in anticipation of listing are looking for profitable sales opportunities with the rise that occurs when the actual listing announcement is made. The two altcoins added to Coinbase’s roadmap in the announcement are Shadow Token (SHDW) and Neon EVM (NEON).
These two altcoins will most likely be officially listed within a week at best. If the process exceeds 30 days, there is also a possibility that they will be removed from the listing roadmap. Occasionally, Coinbase also lists or removes altcoins from the roadmap after a few months’ delay.
