In the dynamic world of cryptocurrency, significant developments continue to occur that shape the landscape of altcoin projects. Coinbase, the leading cryptocurrency exchange in the United States, recently added an interesting altcoin to its roadmap for potential listings. On the other hand, listing announcements came from cryptocurrency exchanges such as Binance and Kucoin. In this article, we will talk about the latest listings that attract attention. Here are the details…
Coinbase adds BONK to its roadmap
Coinbase, the largest cryptocurrency exchange in the United States, has added Bonk (BONK) to its roadmap for future listings, signaling its intention to explore and evaluate the altcoin for potential inclusion on its platform. Bonk made its debut in December 2022 and was initially distributed to select Solana wallet addresses. It has since grown in popularity, becoming the most prevalent dog-themed cryptocurrency on the Solana Blockchain. Bonk was introduced on the Solana network as an alternative to dog-themed altcoins on other blockchains.
Bonk currently has a significant market cap of $750 million. Coinbase’s decision to include Bonk in its listing roadmap led to a sudden increase in BONK’s price. However, this increase was short-lived, leading to a 20 percent decline at the time of writing. However, it is important to note that adding an altcoin to Coinbase’s roadmap does not guarantee its eventual listing on the platform.
Binance announced 1000SATS
In a recent announcement, Binance announced its plan to list BRC-20 Sats (1000SATS) and launch spot trading for various pairs on December 12, 2023 at 15:00 UTC. Newly introduced spot trading pairs include 1000SATS/USDT, 1000SATS/FDUSD and 1000SATS/TRY. Users will now be able to deposit 1000SATS to prepare for trading, and the withdrawal option will be available today, December 13, 2023 at 15:00 BST.
In addition to spot trading, Binance is adding 1000SATS as a new borrowable asset to the isolated margin within 48 hours from the time of listing. The new isolated margin pair became 1000SATS/USDT. Excitingly, Binance has included 1000SATS in Binance Convert, allowing users to trade this asset against BTC, USDT and other supported tokens without paying any fees. To get started, users can visit the Binance website, click “Trade” and select “Binance Convert” or do so directly through the Binance App.
KuCoin and Bybit list various altcoin projects
On the other hand, KuCoin, a leading cryptocurrency exchange, listed the Finceptor (FINC) altcoin project with FINC/USDT. The listing officially started at 15:00 BST, providing users with an additional trading option on the platform. Additionally, Bitkub Coin (KUB) will be listed on the Bybit exchange today. Although it is unknown whether it is related to the stock market announcement, KUB experienced a significant increase, increasing by 39.35% and reaching a value of $ 2.59 on December 13, 2023.
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