Coinbase, a major US cryptocurrency exchange, recently added three new Ethereum-based altcoins to its platform, causing their prices to jump. The announcement on X (formerly Twitter) sent these lesser-known cryptocurrencies into a frenzy.
The Winners:
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AltLayer (ALT): This scalability protocol saw a significant price increase, rising from $0.037 to a high of $0.041 in just one day. While it’s slightly down from that peak, it’s still showing an 8.3% daily gain.
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Pendle (PENDLE): This yield-tokenizing project also benefited from the Coinbase listing. It climbed from $2.83 to $2.99 before settling around $2.95, representing a 3.7% increase over 24 hours.
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Layer3 (L3): This Web3 educational platform experienced the most dramatic increase. Its price surged from $0.087 to $0.106 in a single day, resulting in a remarkable 17.5% daily gain. It’s currently trading slightly lower, but still significantly up.
Coinbase’s Roadmap:
It’s worth noting that Coinbase had previously added these altcoins to its listing roadmap on March 21st. This roadmap is designed to be transparent and prevent any unfair trading advantages. Even the initial roadmap announcement caused a price rally for these tokens.
Disclaimer:
This information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before investing in cryptocurrencies, as the market is highly volatile and risky./p>
