Cryptocurrency rises 110% in moments
One of the cheap cryptocurrencies surged during these trading moments on Tuesday, after positive news regarding the listing of the cryptocurrency on Coinbase, the largest US cryptocurrency exchange by trading volume.
Coinbase (NASDAQ:COIN) has revealed 3 new tokens that will be listed soon, according to the latest tweets.
The symbol T or Threshold T T/USD rose within moments after the announcement of the Coinbase platform by more than 110% from its lowest level in 24 hours at $ 0.02394 to levels of $ 0.05064.
The currency’s rise during today’s trading coincided with a huge jump in trading volumes, which rose by more than 7570%, reaching $840 million, compared to nearly $14 million a day earlier.
Since the beginning of the year, according to CoinMarketCap data, the coin has jumped from levels near $0.014 to current levels, up 262%, while rising by 180% in 30 days.
The market capitalization of the Threshold T coin jumped to enter the club of the big 100, with a market value of about $370 million and ranks 98th among the 100 largest cryptocurrencies by market capitalization.
Coinbase recently made the announcement of adding three new tokens to the cryptocurrency exchange’s listing roadmap, and this announcement follows on from the exchange’s core idea of serving as a bridge to Web3.
Although the exact date of the listing has not been revealed yet, it is expected to be within the next few weeks.
The San Francisco-based cryptocurrency exchange is expanding its portfolio of tradable assets by adding three more altcoins.
New additions are ERC-20-based digital currencies Audius (AUDIO), Threshold (T), and Axelar (AXL), which run on their own blockchain.
The three digital assets saw a significant price increase following the announcement, with AUDIO now trading for $0.20, up 6.30% over the past 24 hours.
While T Threshold is up by a whopping 34% over the same period, AXL, conversely, is down almost 9% at $0.58 after the announcement.