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Listing News Came for Those 3 Altcoins: Coinbase Also Announced

O 3 Altcoin İçin Listeleme Haberi Geldi: Coinbase de Açıkladı
O 3 Altcoin İçin Listeleme Haberi Geldi: Coinbase de Açıkladı
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Exciting developments in the cryptocurrency world are not stopping. In the latest developments, Coinbase has added an altcoin project to its roadmap and news of listings came from two different exchanges. Here are all the details…

Coinbase has added an altcoin project to its roadmap

An exciting development is taking place in the cryptocurrency world once again. Coinbase, one of the largest crypto exchanges in the world, announced that it will add the token called EigenLayer (EIGEN) to its list. This news has attracted great interest, especially among crypto investors and enthusiasts. This development coincides with EigenLayer’s second airdrop round, or “stakedrop” campaign. This campaign, which was launched on September 16, 2024, is seen as the last stage before the EIGEN tokens are listed on exchanges. Therefore, this development has increased expectations in the market.

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Coinbase’s plan to list the EigenLayer (EIGEN) token is considered as part of the exchange’s goal of offering more assets to investors and traders. With this listing, Coinbase’s Ethereum network-based token series is expanding. EigenLayer (EIGEN) is an ERC-20-based asset on the Ethereum network, which is likely to attract investors’ attention. The smart contract address for EIGEN on the Ethereum network is 0xec53bF9167f50cDEB3Ae105f56099aaaB9061F83.

This step is seen as part of Coinbase’s transition from its previously implemented “assets under review” process to a new “listing roadmap” process. This new process aims to help investors make more informed decisions by providing more and more frequent information about the assets to be listed. It is known that tokens added to Coinbase’s roadmap have experienced price increases before or after listing. For example, Zetachain (ZETA) and Gravity (G) tokens experienced significant increases in their prices after such announcements. Therefore, altcoin EigenLayer is expected to experience a similar price increase.

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Early transfer warning for investors

Although this listing announcement has attracted great interest, Coinbase warns investors not to transfer or trade EIGEN tokens early. The exchange stated that it is not possible to transfer or trade EIGEN until the listing is completed. Investors are reminded to be careful that early investments may be completely lost.

This warning reminds investors once again that they should follow official announcements and start trading only after receiving approval from the exchange. Such warnings are especially important during the listing process of new assets, because early movements can lead to big losses for inexperienced users. Coinbase adds the “Experimental” label to some assets it adds to its roadmap. This label is generally used for assets that are newly launched and carry higher risk. EIGEN is also likely to carry this label after it starts trading. However, in addition to this high risk, it is stated that high returns are also possible under favorable market conditions. Since the cryptocurrency market is inherently highly volatile, investors should be careful with such assets.

EigenLayer’s second stakedrop period has begun

Meanwhile, EigenLayer’s second stakedrop period is taking place between September 16, 2024 and March 16, 2025. This campaign, which allows participants to claim tokens, has caused mixed reactions within the crypto community. Many investors were disappointed that only 15% of the total EIGEN token supply was distributed through the airdrop. Although some users who expected a larger distribution criticized the campaign, EigenLayer is still seen as a major player in the decentralized finance (DeFi) space.

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Reaching a size of $ 11.9 billion in the indicator called total locked value (TVL), EigenLayer ranks third in this field after Lido and Aave. This size solidifies the platform’s place in the DeFi world. Cryptocurrency researcher Ignas predicts that EIGEN’s market value will be around $600 million when it starts trading. Around 87 million tokens are expected to be distributed in the second stakedrop period, which only makes up 5.2% of the total supply. Although EIGEN’s price is on a downward trend before it starts trading on the market, expectations continue that there may be an increase in prices after Coinbase’s listing announcement. The price increases experienced in the past when similar assets joined Coinbase also create a promising scenario for EIGEN.

What happened to other altcoin listings?

In addition, Marscoin (MARS) was listed on the BitMart exchange, while Uquid Coin (UQC) started trading on MEXC Global. These new developments in the crypto world indicate that it will be a period full of opportunities for investors.

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Listing News Came for Those 3 Altcoins: Coinbase Also Announced
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