Coinbase, one of the largest cryptocurrency exchanges in the world, lists another new altcoin. The price peaked shortly after the announcement.
Coinbase expands its list with this altcoin
Coinbase announced on Twitter today that it will list the crypto lending platform Ooki Protocol (OOKI). According to the announcement, OOKI/USD trading will begin on August 30 at 19:00. As expected, OOKI price took action after the listing announcement. The price soon reached the highest levels of recent days.
Coinbase will add support for Ooki Protocol (OOKI) on the Ethereum network (ERC-20 token). Do not send this asset over other networks or your funds may be lost. Inbound transfers for this asset are available on @Coinbase & @CoinbaseExch in the regions where trading is supported.
— Coinbase Assets (@CoinbaseAssets) August 29, 2022
OOKI price peaked after the announcement
Ooki is a protocol for tokenized leveraged trading and lending. It is a financial primitive for credit empowering decentralized, efficient and rent-free Blockchains. The Altcoin project allows anyone to create applications that allow lenders, borrowers and traders to interact with the most flexible decentralized finance protocol on Ethereum. Ooki is a community-run project led by community voting for all major changes to the protocol.
Ooki Protocol’s native cryptocurrency, OOKI, gained 17% following the Coinbase announcement today. OOKI price thus surpassed the 0.007 region, which has been acting as a resistance for some time.
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cryptocoin.com Coinbase’s listing news is often explosive. In one of the latest news, we mentioned the new altcoin projects evaluated by the stock market.