Coinbase 50 (COIN50), one of the indices that attracted investors in the crypto currency market, has expanded with a new update. According to the announcement made by Coinbase Instituteal, five new crypto assets have been added, including indexe Aero, APT, Comp, Pepe and WIF. This change aims to provide investors a wider portfolio variety and to reflect the dynamic structure of the market. Here are the new assets added to COIN50 and the updated structure of the index:
Coinbase adds to Pepe and four subcoini indexes
Coinbase, one of the leading platforms of crypto currency markets, updated the Coinbase 50 Index to provide investors a wider range of digital assets. In this context, Aerodrome Finance (AERO), APTOS (APT), Compound (Comp), Pepe (Pepe) and Dogwifhat (WIF) were included in the index. Assets are as follows:
- Aerodrome Finance (AERO): Aerodrome Finance, which operates in the defi field, offers its users with opportunities to provide liquidity and return. The Aero Token plays an important role in the ecosystem of the platform.
- APTOS (APT): APTOS stands out as a high -performance and scalable Blockchain platform. APT Token is used to ensure the security of the network and pay the transaction fees.
- Compound: Compound, one of the pioneers of the defi industry, is a protocol that allows users to lend crypto assets. Comp Token is used to have a say in the management of the platform.
- Pepe (Pepe): Inspired by breast culture, Pepe is on the market as a community -oriented crypto currency. Pepe Token has a wide audience, especially on social media platforms.
- Dogwifhat (WIF): Dogwifhat is a breast coin created with a humorous approach and aims at community interaction and entertainment. WIF Token is gaining popularity especially among young investors.
The Coinbase 50 index is a market value -weighted index to reflect the general performance of the crypto currency market. According to the data shared in the last months, Bitcoin has 50 %, Ethereum 28 %, Solana 6 %, XRP 3 %, 2 %of Dogecoin, and 11 %of the remaining 45 token. Investors are advised to diversify their portfolios by taking into account the new assets and general structure of the index. Before each investment decision, it is necessary to emphasize the importance of conducting detailed research and evaluating the risks.
