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November 30, 2022

Coinbase Adds Ethereum (ETH) DeFi NFT Token and Identity Verification Altcoin to Roadmap, Spurring Minor Rallies

By Rhodilee Jean Dolor

San Francisco-based crypto exchange Coinbase is adding two altcoins to its listing roadmap.

Coinbase announces that the governance token of decentralized finance (DeFi)-based non-fungible token (NFT) gaming protocol Aavegotchi (GHST) and the native token of cross-chain identity aggregator Litentry (LIT) are now on the roadmap.

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“Assets added to the roadmap today: Aavegotchi (GHST) and Litentry (LIT).”

The two altcoins saw a slight increase in price following the announcement. GHST is now trading for $1.06, up by 2.20% over the past 24 hours. LIT, which is currently changing hands for $0.76, rose by 6.38% over the same period.

Crypto assets that Coinbase adds to the roadmap are those that the exchange plans to support on its platform in the future. Transfer and trading of these assets are not yet supported though pending an official listing announcement.

Coinbase says coins that were placed on the roadmap list may still be removed or not get listed at all due to a number of factors, but some eventually get added to its catalog of supported crypto assets. The roadmap was created to increase transparency on Coinbase’s listing process and prevent insider trading.

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The token of the NFT gaming studio Vulcan Forged (PYR), which Coinbase added to the roadmap just few weeks back, debuted on the trading platform on November 29th.

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Featured Image: Shutterstock/estevez