|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
CoW Protocol (COW) Token Surges 14% After Coinbase Listing
Sep 26, 2024 at 02:05 am
The native token of an Ethereum (ETH)-based decentralized exchange (DEX) is on the rise after being listed on the top US crypto exchange by trading volume.
Coinbase has added support for the native token of an Ethereum (ETH)-based decentralized exchange (DEX).
The exchange announced the listing of CoW Protocol (COW) on Tuesday, revealing that the token will be available to trade against the US dollar (USD).
“We're excited to announce the addition of COW to the Coinbase family. COW is the native token of CoW Protocol, an Ethereum Layer-2 decentralized exchange.
Trading will begin on or after 9 a.m. PT on September 24th, 2024, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our COW-USD trading pair will launch in phases. Support for COW may be restricted in some supported jurisdictions.”
At the time of writing, COW is trading at $0.31. The token surged from a low of $0.28 after the Coinbase listing announcement.
Meanwhile, the project says that the Coinbase listing will help the ecosystem in several ways.
“CoW DAO’s (decentralized autonomous organization) mission is to make DeFi (decentralized finance) safe and seamless FOR ALL.
The Coinbase listing helps by:
In sum, joining Coinbase enables CoW DAO to do more and go further with user-protective products like CoW Swap, CoW AMM ( automated market maker) and MEV Blocker.”
According to the CoW Protocol website, the protocol “is a fully permissionless trading protocol that leverages batch auctions as its price finding mechanism.”
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- MemeBet Token — World's First Meme Coin Casino That Could Explode After Launch
- Sep 26, 2024 at 04:25 am
- The goal of meme cryptos is to deliver massive gains to their investors in record time. However, many lack the utilities or strategic tokenomics to become sustainable.
-
- Worldcoin (WLD) Price Chart Hints a Bullish Trend is Brewing; Can Bulls Reclaim the $6 Mark?
- Sep 26, 2024 at 04:25 am
- The Worldcoin price chart has reached a fascinating point where it resembles a previous pattern but the technicals suggest a huge bull run is on the horizon.
-
- Bitcoin Price Prediction: Will BTC Reach $100K or Even $1M by 2025?
- Sep 26, 2024 at 04:25 am
- Bitcoin experienced a significant rally in early 2024, following the launch of the first spot bitcoin exchange-traded funds in January.
-
- SEC Chair Gary Gensler Defends Crypto Custody Regulation Firmly
- Sep 26, 2024 at 04:25 am
- SEC Chair Gary Gensler has assured Congress during a congressional testimony that the Staff Accounting Bulletin (SAB) 121 will continue to be operational.
-
- MemeFi ($MEMEFI) Makes Debut on Bitget Exchange, Offers Pre-Market Trading Ahead of TGE
- Sep 26, 2024 at 04:25 am
- MemeFi ($MEMEFI) has officially made its debut on the Bitget exchange, offering pre-market trading ahead of the Token Generation Event (TGE).
-
- Worldcoin's WLD Token Surges 54% in Three Days, Retesting $2 Resistance
- Sep 26, 2024 at 04:25 am
- Worldcoin’s WLD token surged for a third consecutive day, climbing 54% from its August low, following the project’s expansion into three additional countries.
-
- Bitcoin ETFs Record Fresh Inflows, SwissCheese’s Price Rallies, & BlockDAG Launches Testnet—30,000x ROI on the Horizon?
- Sep 26, 2024 at 04:25 am
- The spotlight is once again on Bitcoin ETFs, which have just welcomed a hefty $263 million in new inflows, marking a robust revival of interest from institutional traders.
-
- The Sandbox (SAND) Poised for a Price Decline as Millions of Tokens Are Dumped onto Centralized Exchanges
- Sep 26, 2024 at 04:25 am
- After experiencing a notable rally over the past few days, The Sandbox [SAND] looked poised for a price decline as millions of tokens are being dumped onto centralized exchanges.
-
- Hedera (HBAR) Price Prediction: HBAR Continues Positive Trend, Up 17% in a Week
- Sep 26, 2024 at 04:25 am
- Over the past 24 hours, Hedera's HBAR/USD price rose 3.04% to $0.06. This continues its positive trend over the past week where it has experienced a 17.0% gain