A surprise group of tokens is sizzling after a sudden listing by top US crypto exchange Coinbase.
In a new announcement, the exchange says that five low market cap altcoins will start trading on Coinbase Pro once appropriate liquidity conditions are met.
[adinserter block="1"]Cryptex Finance is an Ethereum protocol whose native token CTX provides governance and security. The protocol manages a second token called TCAP which offers investors exposure to the total cryptocurrency market cap.
Cryptex Finance initially jumped 30.7% from $7.60 to $9.94 but has seen choppy price action since. It’s currently up 49.02% today and trading for $11.06.
Also getting the green light from Coinbase Pro is Dia (DIA), whose abbreviation stands for “Decentralized Information Asset.” The project offers cross-chain and open-source oracles for Web 3.0.
Dia roared 53.4% from $0.73 to $1.12 and has since fought its way to $1.20, marking a 54.19% gain on the day.
Next up is Maple (MPL), a financing protocol that offers both institutional borrowing and fixed-income lending across the decentralized finance (DeFi) space.
Maple immediately jumped from $9.92 to $11.71 but didn’t stop there. MPL is currently trading for $15.99, marking a total gain of 61.1%.
Another altcoin joining the Coinbase Pro roster is Pluton (PLU), a financial services app that’s based in Europe. Users can earn rewards as well as swap crypto assets on the platform.
News of the Coinbase announcement sent Pluton vertical, increasing 242% from $6.78 to $16.43 in a flash. PLU peaked at $17.44 before correcting, but remains up 143% on the day at $15.52.
Last on the list is Unifi Protocol DAO (NFI), which utilizes DeFi to allow staking with a number of digital assets.
Unifi Protocol DAO also shot off the launch pad and leaped nearly 42% from $4.43 to $6.29. UNFI has retraced a bit but is still up 30.36% on the day and trades for $5.76.
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Featured Image: Shutterstock/diversepixel/Nikelser Kate
