Top US crypto exchange Coinbase has given support for two Ethereum (ETH)-based altcoin projects as markets continue to consolidate.
an eng Ukënnegung via Twitter, Coinbase says it will be adding support for Aragon (ANT) and Rocket Pool (RPL) on the Ethereum network on December 8th when sufficient liquidity levels are achieved.
With a market cap of $91 million, Aragon aims to be a framework for building decentralized autonomous organizations (DAOs), allowing users to easily construct DAOs on the Ethereum blockchain. Its native token ANT allows users to vote on proposals.
Rocket Pool, also an Ethereum-based project, is a staking pool protocol that aims to lower the capital and hardware requirements for staking on ETH 2.0. RPL is used for governance and can also be staked on Rocket Pool for insurance purposes.
Both tokens were placed on Coinbase’s listing roadmap last week, which the exchange created to promote transparency and prevent insider trading.
At time of writing, RPL is up 8% in the last seven days but has consolidated for several days between $21 and $19.70.
Aragon has shown more strength, with ANT putting in 20% gains in the last week, currently up 9.5% on the day.
Coinbase has continued to list more crypto assets over the last year, doubling down on its trading roster despite the bear market.
Virdrun dëst Joer, Coinbase CEO Brian Armstrong gesot den Austausch zielt fir sou vill wéi méiglech Krypto-Verméigen ze lëschten, soulaang se de Standards vun der Firma entspriechen.
"Et ass e bësse wéi Amazon oder eppes wéi dat, wou e Produkt dräi Stäre kann hunn oder et kéint fënnef Stären hunn, awer wann et ufänkt ee Stär konsequent ze kréien, ass et wahrscheinlech betrügeresch oder defekt oder eppes a vläicht wäert Amazon et ewechhuelen. Soss wëllt Dir de Maart entscheeden wat dës Saache sinn.
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Source: https://dailyhodl.com/2022/12/07/crypto-exchange-coinbase-adds-support-for-two-low-cap-ethereum-altcoins-sparking-rallies/