Important news came from two major cryptocurrency exchanges. While Coinbase, one of the world’s largest crypto exchanges, announced that it will add 2 altcoin projects to its list, the other crypto exchange FTX has decided to remove a popular altcoin project from its list.
BIT and C98 entered Coinbase’s list, their prices jumped
As Kriptokoin.com, we previously reported that Coinbase has registered some altcoin projects in the ‘planned to list’ category. Here are two of them being added to high school. According to the announcement on the Coinbasse Assets Twitter account, BitDAO (BIT) and Coin98 (C98) will now appear on Coinbase listings and users can trade:
Coinbase on the ETH network (ERC-20 token) It will add support for BitDAO (BIT) and Coin98 (C98).
Coinbase stated in a statement that trading will begin on June 7, 2022 if liquidity conditions are met. In addition, the crypto exchange noted that once the sufficient supply of these altcoin projects is provided, transactions will be gradually launched on the BIT-USD, BIT-USDT, C98-USD and C98-USDT trading pairs.
As it is known, listing news has a positive impact on the prices of altcoin projects. This time around, it was similar, and after Conibase’s listing news, the BIT price peaked at $0.59, peaking at $0.59. However, the altcoin price later dropped slightly, withdrawing to $0.5763 at the time of writing. The altcoin hit an all-time high, reaching $3.64 about 7 months ago. Currently, BIT is 84.10% away from its peak.
BIT daily price chart / Source: CoinMarketCap The other altcoin Coin98, which managed to enter the Coinbase list, gave a more positive reaction to the news. C98 price jumped from $0.6335 to reach $0.751. Unlike BIT, C98 remained at the point where it rose and at the time of writing, it continued to trade at $0.7477, up 17.83% on a daily basis. The altcoin, which ranks 177th in the market, reached an all-time high of $ 6.42 about 9 months ago. Currently, C98 is 88.35% off its peak.
C98 daily price chart / Source: CoinMarketCap FTX deleted popular altcoin project ThorChain (RUNE) from the list
It came from one of their stock exchanges, FTX. The crypto exchange stated on its Twitter account that ThorChain (RUNE) will delete its trading pairs from the exchange list:
On the other hand, after the RUNE main-net integration, it will be reassessed and accordingly. It was also noted that a decision would be made whether to make the listing or not. The exchange reminded its users that after June 12, RUNE will not be able to be sent to the exchange and there will be no opportunity to trade, so users can move their RUNE assets to different wallets until this date.
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