The largest US-based cryptocurrency exchange Coinbase has announced that it has added a new altcoin to its roadmap.
Coinbase announced on Twitter on March 27th that it has added Shadow Token (SHDW) and Neon EVM to the roadmap, which includes crypto currencies that are being reviewed before listing on the platform.
Coinbase had previously announced that they will be adding more cryptocurrencies to their ecosystem. Following these announcements, the giant company that opened dozens of different altcoins to trading for users, shared an update that they may list SHDW and NEON in the future.
The company’s explanation for adding these new altcoins to their ecosystem is as follows:
As we mentioned during the launch of Asset Hub, our goal is to list every possible asset that meets our legal, compliance, and technical security standards. These standards do not take into account a project’s market value or popularity.
The company, which aims to offer users the most diverse range of assets, pays attention especially to listing coins with different systemic characteristics on different networks.
NEON and SHDW on the rise
Following the announcement from Coinbase, NEON and SHDW surged. According to CoinGecko data, NEON reached $1.96 with a 52% increase from the $1.38 level it was at during the announcement. SHDW, on the other hand, experienced even more growth.
SHDW reached $2.49 with an 87% increase from $1.33. While experiencing a slight decrease afterward, SHWD is currently trading at $2.24.
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