Coinbase, a major US cryptocurrency exchange, recently added support for two Ethereum-based altcoins: Maple Syrup (SYRUP) and Aethir (ATH). This announcement sent both tokens’ prices soaring.
Maple Syrup (SYRUP) and Aethir (ATH) Get a Coinbase Boost
The addition of SYRUP and ATH to Coinbase’s platform followed an earlier announcement of their inclusion on the exchange’s listing roadmap. This initial announcement alone caused a near 40% price jump for both. The subsequent confirmation of full support fueled further gains.
Price Increases
SYRUP saw a significant increase, climbing from $0.131 to $0.173 in just 24 hours – a 28.7% jump. ATH also experienced a price surge, rising from $0.034 to $0.040, a 14.4% increase over the same period.
What are SYRUP and ATH?
-
Maple Syrup (SYRUP): A decentralized finance (DeFi) platform launched in 2021, connecting borrowers and lenders. It allows borrowers to get loans with less collateral than usual and lets lenders earn rewards.
-
Aethir (ATH): A decentralized cloud computing protocol launched last year. It focuses on providing powerful graphics processing capabilities for AI and blockchain-based video games.
Disclaimer:
This information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before investing in cryptocurrencies. Investing in crypto carries significant risk, and you could lose money./p>