Crypto Exchange Giant Coinbase Adds Three Ethereum (ETH) Altcoins Plus One DeFi Token, Spurring Surprise Rallies
A privacy-focused scaling solution altcoin is scaling up after joining Coinbase’s roster of crypto assets.
In an announcement, Coinbase says Marlin (POND) is now live across its entire platform, including on the iOS and Android apps.
News of the Coinbase listing has Marlin surging by 31% to $0.013. POND was trading for as low as $0.007 on Monday.
Also joining Coinbase is the decentralized finance (DeFi) protocol StaFi (FIS) which helps unlock the liquidity of staked crypto assets. Utility token FIS can be used to pay network transaction fees, voting and staking.
Mines of Dalarnia (DAR), Marlin (POND), Automata Network (ATA), and StaFi (FIS) are now live on https://t.co/CD3RBjcbce & in the Coinbase iOS & Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets. https://t.co/676miKzPQH pic.twitter.com/oO0EbD6Lrb
— Coinbase Assets (@CoinbaseAssets) June 16, 2022
At time of writing, StaFi is in the green by 1.48% with a going rate of $0.33. SFI was trading for $0.27 on Monday, marking a 22% gain this week.
Next up is Mines of Dalarnia (DAR), a 2D blockchain video game. Native token DAR has a variety of uses including in-game purchases, play-to-earn rewards, staking and governance.
Mines of Dalarnia is currently trading sideways and priced at $0.30. DAR remains down 25% from a weekly high above $0.40 back on June 11th.
Last on the list of new Coinbase assets is the privacy-focused Automata (ATA), which provides middleware for decentralized applications (DApps). Automata project partners include Avalanche (AVAX), Astar (ASTR) and Polygon (MATIC). At time of writing, Automata is down nearly 12% and trading for $0.17.
ATA has witnessed some choppy price action this week, rising 53.8% from $0.13 to $0.20 at one point before correcting.
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