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Home Altcoin

Two Solana-Based Tokens Surge After Coinbase Announces Surprise Roadmap Listing

by n70products
March 29, 2024
in Altcoin
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Two Solana (SOL)-based altcoins surged in worth after Coinbase introduced they might quickly be buying and selling on its platform.

On Tuesday, the highest US crypto trade added Shadow Token (SHDW) and Neon EVM (NEON) to its itemizing roadmap, which alerts clients that the corporate might quickly add help for sure belongings.

Shadow Token is a cryptocurrency designed for the sustainability and safety of decentralized knowledge storage infrastructure. It serves because the native token for the ShdwDrive community, a high-performance cloud storage platform.

SHDW, the 241st-ranked crypto asset by market cap, is buying and selling at $2.11 at time of writing and is up greater than 53% up to now 24 hours. The Singapore-based trade Crypto.com additionally rolled out buying and selling help for SHDW on its app on Wednesday.

Neon EVM is an Ethereum Digital Machine (EVM) that aims to allow builders to construct and deploy DApps from EVM chains to Solana. NEON serves because the undertaking’s utility token for gasoline charges and governance.

NEON is buying and selling at $1.70 at time of writing. The 527th-ranked crypto asset by market cap is up 21.5% up to now 24 hours.

Coinbase created its itemizing roadmap in 2022 to extend transparency and scale back the potential for buyers front-running new buying and selling help bulletins.

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Disclaimer: Opinions expressed at The Every day Hodl should not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual threat, and any loses you could incur are your accountability. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please notice that The Every day Hodl participates in online marketing.

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