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Crypto Giant Coinbase Adds Five Ethereum-Powered Altcoins to Mainstream Trading Platform

by Daily Hodl Staff
November 4, 2021
in Altcoins, Trading

Coinbase is adding five altcoins built on Ethereum to its growing roster of crypto assets.

After a release on Coinbase Pro, SUKU (SUKU) is now available to buy and sell on the company’s main retail trading platform and mobile applications.

The SUKU Platform is designed to bring new accountability reporting and verification standards to the supply chain industry. The SUKU token touched a new all-time high of $1.51 today and currently sits at $1.33, up 14.4%, according to CoinGecko.

Coinbase is also listing Crypto.com Coin (CRO), which powers the cryptocurrency exchange based in Hong Kong. The coin reached an all-time high (ATH) of $0.29 earlier today and remains up 12.1% at $0.27 at time of writing.

The core crypto asset of the automated crypto trading platform KRYLL (KRL) is also now live on Coinbase.com. The platform is designed to let users browse, build and test a variety of trading strategies and see how they perform. The KRL altcoin surged from a weekly low of $1.27 to a new ATH of $2.67 yesterday but is down 15.3% on the day to $2.12.

OriginTrail (TRAC) is next on the list of new Coinbase additions. The asset powers OriginTrail’s data management system, which helps businesses and organizations securely store and manage critical information in a fully decentralized manner.

The TRAC token is designed to be used to pay for data processing and storage fees on the network. The altcoin is down nearly 50% from the all-time high of $3.50 it achieved yesterday and valued at $1.81 at time of writing, according to CoinGecko.

The final altcoin now available across all Coinbase platforms is LCX, the native token of the Liechtenstein Cryptoassets Exchange digital asset trading platform.

Today LCX is down 25% to $0.39 after surging to a new ATH of $0.56 on November 3rd.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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