Menu
  • Home
  • Cryptocurrency
  • Blockchain
  • NFT & Metaverse
  • Market & Analysis
  • ICO
  • Bitcoin
  • Altcoins
  • Ethereum
  • Litecoin
  • Dogecoin
en English
ar Arabiczh-CN Chinese (Simplified)nl Dutchen Englishfr Frenchde Germanit Italianpt Portugueseru Russianes Spanish
Home Altcoins

Crypto Exchange Coinbase Announces Support for Two Low-Cap Solana (SOL) Based Altcoin Projects

Kingofmetaverse by Kingofmetaverse
November 3, 2022
in Altcoins
0
Crypto Exchange Coinbase Announces Support for Two Low-Cap Solana (SOL) Based Altcoin Projects
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


High US digital asset change Coinbase has introduced it will likely be including two Solana (SOL)-based crypto tasks to their record of tradable altcoins.

Asserting by way of Twitter, Coinbase says it will likely be including assist for Marinade (MNDE) and Marinade Staked SOL (mSOL) on the Solana community, with buying and selling starting on November third as soon as liquidity situations are met.

Each altcoins will likely be listed below Coinbase’s Experimental Label, which the change created for riskier, decrease liquidity crypto belongings.

Marinade is a decentralized autonomous group (DAO) that goals to make Solana extra censorship-resistant and composable by way of liquid staking. It delegates staked SOL by way of a permissionless algorithm to validators to assist the community’s decentralization.

MNDE is the DAO’s governance token, which can be utilized to participate within the governance of the Marinade protocol and treasury.

Marinade stakers obtain mSOL as staking rewards, and are free to make use of their mSOL for decentralized finance (DeFi) actions or swap for Solana (SOL) itself.

MNDE has a circulating provide of 144 million, and a market cap of simply over $12 million at time of writing. The Solana-based altcoin is at present buying and selling for $0.085, up 11% within the final 24 hours.

mSOL has a circulating provide of 6.9 million, and at present has a market cap of $232 million. It’s buying and selling for $33 at time of writing, about 87% down from its all-time excessive of $262.

Coinbase CEO Brian Armstrong said earlier this 12 months that the change goals to record as many crypto belongings as potential, as lengthy they meet sure requirements.

“It’s sort of like Amazon or one thing like that the place a product may need three stars or it may need 5 stars, but when it begins to get one star persistently, it’s most likely fraudulent or faulty or one thing and possibly Amazon will take away it. In any other case, you need to let the market determine what these items are…”

Do not Miss a Beat – Subscribe to get crypto e-mail alerts delivered on to your inbox

Examine Price Action

Comply with us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines

&nbsp

Disclaimer: Opinions expressed at The Every day Hodl should not funding recommendation. Buyers 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 personal 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 word that The Every day Hodl participates in internet online affiliate marketing.

Featured Picture: Shutterstock/marymyyr





Source link

Related articles

Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases

Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases

February 2, 2023
Shiba Inu Price Prediction as SHIB Gets Accepted on New Virtual Prepaid Card – Time to Buy?

Shiba Inu Price Prediction as SHIB Gets Accepted on New Virtual Prepaid Card – Time to Buy?

February 2, 2023
Tags: AltcoinAnnouncesBasedCoinbaseCryptoExchangeLowCapprojectsSOLSolanaSupport
Share76Tweet47
Previous Post

The surprising relationship between Bitcoin and ransomware is investigated in White House summit

Next Post

Crypto Market Review, November 2

Related Posts

Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases

Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases

by Kingofmetaverse
February 2, 2023
0

(Bloomberg) -- Smaller cash led beneficial properties amongst cryptocurrencies Thursday on the again of investor optimism that central banks within...

Shiba Inu Price Prediction as SHIB Gets Accepted on New Virtual Prepaid Card – Time to Buy?

Shiba Inu Price Prediction as SHIB Gets Accepted on New Virtual Prepaid Card – Time to Buy?

by Kingofmetaverse
February 2, 2023
0

Regardless of a pullback from earlier session highs within the broader cryptocurrency market on Thursday, dog-inspired meme coin Shiba Inu...

Bitcoin Leads Market Momentum as Altcoins Turn Green

Bitcoin Leads Market Momentum as Altcoins Turn Green

by Kingofmetaverse
February 2, 2023
0

The constructive stance on crypto progress had numerous distinctive undertones from prime regulatory our bodies together with the Reserve Financial...

Tether, Ethereum & Bitcoin – American Wrap 10 November

Will Fed’s hawkish tone drive altcoin gains off a cliff?

by Kingofmetaverse
February 2, 2023
0

MAGIC, Optimism and Stargate Finance have rallied past 20% after the US Federal Reserve’s coverage assembly on Wednesday. Whereas MAGIC...

Crypto Analysts are Saying These Altcoins Have Huge Potential – Here’s Why

Crypto Analysts are Saying These Altcoins Have Huge Potential – Here’s Why

by Kingofmetaverse
February 2, 2023
0

Trent Rhode / Midjourney AIAfter reaching spectacular heights in late 2021, the world's largest cryptocurrency, Bitcoin, skilled a steep decline,...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular

  • Trending
  • Comments
  • Latest

BDTCOIN Is Set To Launch Best Ever Revolutionized Gold Standard Currency

November 23, 2022
Reddit Users Created 3 Million Crypto Wallets to Scoop Up Polygon NFTs

Reddit Users Created 3 Million Crypto Wallets to Scoop Up Polygon NFTs

October 19, 2022
More Than 50% of Bitcoin Addresses Are Now in Loss – CoinDesk

More Than 50% of Bitcoin Addresses Are Now in Loss – CoinDesk

November 21, 2022
Best movies of 2022 on Bitcoin and blockchain

Best movies of 2022 on Bitcoin and blockchain

October 19, 2022
Musk Lifts Twitter Ban On Dogecoin Accounts; DOGE Pumps 7%

Musk Lifts Twitter Ban On Dogecoin Accounts; DOGE Pumps 7%

December 5, 2022
Sen. Warren leads probe of Bitcoin impact on Texas power grid, ERCOT use of demand response ‘subsidies’

Sen. Warren leads probe of Bitcoin impact on Texas power grid, ERCOT use of demand response ‘subsidies’

0
Bitcoin Paints A Red Picture For Major Altcoins

Bitcoin Paints A Red Picture For Major Altcoins

0
Cardano (ADA) May Fade into Obscurity Like EOS, Top Trader Claims

Cardano (ADA) May Fade into Obscurity Like EOS, Top Trader Claims

0
Joel Dietz on Creating Ethereum, MetaMask and MetaMetaVerse

Joel Dietz on Creating Ethereum, MetaMask and MetaMetaVerse

0
Trading Bot Known for Outperforming Bitcoin and Crypto Markets Details New Altcoin Selections, With Ethereum Allocation Surpassing Bitcoin

Trading Bot Known for Outperforming Bitcoin and Crypto Markets Details New Altcoin Selections, With Ethereum Allocation Surpassing Bitcoin

0
Otherside by Yuga Labs presents: Legends of the Mara

Otherside by Yuga Labs presents: Legends of the Mara

March 29, 2023
ZORA NFT Platform Launches Trending: See What’s Hot Now

ZORA NFT Platform Launches Trending: See What’s Hot Now

March 29, 2023
Pranksy & Sorare partner for “Pranksy Plays”

Pranksy & Sorare partner for “Pranksy Plays”

March 28, 2023
Oops! NFT collector accidentally burns rare CryptoPunk

Oops! NFT collector accidentally burns rare CryptoPunk

March 28, 2023
Balmain and Space Runners Partner For NFT-infused Unicorn Sneaker Line.

Balmain and Space Runners Partner For NFT-infused Unicorn Sneaker Line.

March 27, 2023