Coinbase Lists 2 New Tokens: Here’s What You Need to Know
Coinbase, a number one crypto trade, has introduced the itemizing of two new altcoins on its platform at present. The trade revealed that it’s going to add spot buying and selling assist for Plume (PLUME) and Jupiter (JUPITER).
The announcement triggered elevated market exercise and volatility for each tokens, as merchants reacted to Coinbase’s newest additions.
Coinbase Unveils New Crypto Listings
In an official X (previously Twitter) submit, Coinbase Markets famous that PLUME-USD and JUPITER-USD pairs will go reside on or after 9:00 AM Pacific Time (PT). This is contingent on enough liquidity being established. The trade added that buying and selling will launch solely in areas the place it’s supported.
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“Plume (PLUME) and Jupiter (JUPITER) can be obtainable on coinbase․com, within the Coinbase app, and Coinbase Advanced. Institutions can entry Plume (PLUME) and Jupiter (JUPITER) instantly through Coinbase Exchange,” the post learn.
To guarantee consumer security, Coinbase also published the official contract addresses for every token. The trade warned that transfers to unsupported networks might lead to everlasting lack of funds.
- Plume (PLUME) is an ERC-20 token on Ethereum, utilizing the deal with 0x4C1746A800D224393fE2470C70A35717eD4eA5F1.
- Jupiter (JUPITER) is an SPL token with the deal with JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN.
The itemizing follows an in depth overview overlaying authorized, technical, and market standards, together with buying and selling quantity and market capitalization. According to Coinbase’s official itemizing guidelines, the trade employs merit-based assessments.
How PLUME and JUP Prices Shifted After Coinbase Listing News
Meanwhile, each tokens noticed value volatility after the announcement. Plume Network is a layer-1 permissionless, full-stack blockchain constructed for real-world assets (RWA). The EVM-compatible platform powers decentralized finance companies, together with staking, lending, swaps, and loop methods.
PLUME surged 7% after the Coinbase itemizing information, including to the momentum generated from its Upbit debut. BeInCrypto’s report confirmed the November 26 Upbit itemizing drove a forty five% value spike, signaling robust demand for the asset in Asia.
Meanwhile, Jupiter is a decentralized trade aggregator on Solana, routing trades throughout varied liquidity swimming pools to safe the most effective costs. Its native token, JUP, initially noticed modest good points however erased them and continued to decline. At the time of writing, it was buying and selling at $0.223, down 2.37% for the reason that announcement.
Additionally, Coinbase has additionally added Theoriq (THQ), a modular AI agent foundational layer, to its itemizing roadmap. This transfer reveals continued expansion into extra blockchain segments.
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“The launch of buying and selling for these belongings is contingent on market-making assist, and enough technical infrastructure. We will announce the launch of buying and selling individually as soon as these situations have been met,” the trade stated.
Theoriq now joins assets like Humidifi (WET), zkPass (ZKP), Hyperlane (HYPER), Sentient (SENT), and extra, that are additionally a part of the roadmap.
The submit Coinbase Lists 2 New Tokens: Here’s What You Need to Know appeared first on BeInCrypto.
