Hot News: Coinbase Lists 4 Altcoins! Prices Are Flying - News-Credit-Mortgage-Coin


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Wednesday, August 11, 2021

Hot News: Coinbase Lists 4 Altcoins! Prices Are Flying


Famous Bitcoin exchange Coinbase Pro lists 4 new altcoins. The exchange announced in a statement that it will list “Axie Infinity (AXS), Request (REQ), TrueFi (TRU) and Wrapped Luna (WLUNA)”. Trading will begin on or after Thursday, August 12, if liquidity conditions are met. After the listing announcement, altcoin prices rose sharply.

Giant Bitcoin exchange Coinbase Pro lists 4 new altcoins

Giant Bitcoin exchange Coinbase Pro lists 4 new altcoins. In a statement, the exchange shared that it will add “Axie Infinity (AXS), Request (REQ), TrueFi (TRU) and Wrapped Luna (WLUNA)” to its platform. Borsa İstanbul made the following statement on the subject via its official website:

With sufficient supply of AXS, REQ, TRU and WLUNA on the platform, AXS-USD, AXS-USDT, AXS-EUR, AXS-BTC, REQ-USD, REQ-USDT, REQ-BTC, REQ -EUR, REQ-GBP, TRU- The USD, TRU-USDT, TRU-EUR, TRU-BTC, WLUNA-USD, WLUNA-USDT, WLUNA-EUR, WLUNA-BTC, and WLUNA-GBP order books will start in three phases: post-only, limited-only and full trading. If at any point one of the new order books does not meet our assessment for a healthy and stable market, we may keep the book in a single state for a longer period of time or suspend trading according to our Trading Rules.

After the listing announcement of Coinbase Pro, altcoin prices flew by. Here are the details:

Axie Infinity (AXS) experienced a 17 percent increase.

Request (REQ) increased by 150 percent.

TrueFi (TRU) experienced a 70 percent increase.

Wrapped Luna (WLUNA) gained 12 percent.

Let's examine the altcoins listed by Coinbase in detail.

Axie Infinity (AXS) is a Pokémon-inspired digital pet universe where anyone can earn tokens through skilled play and contributions to the ecosystem. Players can fight for their pets (known as Axies), collect, upgrade and build a land-based kingdom. AXS holders can claim rewards for staking their tokens, playing the game, and participating in key management votes.

TrueFi (TRU) is the ERC-20 native utility token of TrueFi, a DeFi protocol for unsecured lending. The goal is for TrueFi to become a market-driven, automated credit rating and lending system, instantly moving money wherever it creates the most value.

Request (REQ) is an Ethereum token that powers the Request Network, a protocol for creating and requesting payments. Transactions on the Request Network are immutably recorded and requests are processed without intermediaries.

Wrapped Luna (WLUNA) is an Ethereum token intended to represent Terra (LUNA) on the Ethereum Blockchain. Not LUNA, but a separate ERC-20 token designed to track the value of LUNA. WLUNA was created to allow LUNA holders to trade, hold and participate in DeFi applications on Ethereum. Through a WLUNA partner, 1 LUNA can be exchanged for 1 WLUNA and vice versa.

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