![]() ![]() ![]() Looking at this list, it may be possible that Coinbase will add multiple altcoins that aren’t necessarily listed in the top 10, but the top 20. Coins that meet the high standards that Coinbase sets could include Dash and IOTA. Given that Bitcoin, Ethereum, Litecoin, and now Bitcoin Cash are all supported on Coinbase, this leaves the remaining 6 in question. This brings up the question that everyone wants answered: which coin is next to be added to Coinbase?Ī brief overview of the top 10 cryptocurrencies can be seen below: From Coinmarketcap: Top 10 Cryptocurrencies It’s important to realize that rumors on different forums and websites should not be taken seriously as it is all speculation at this point.Īlthough there are rumors of different coins being added to the exchange, it should be noted that Coinbase would not add a project that doesn’t have a use case, a mission and a vision, legal compliance, market supply and demand. This leads some people to believe that whichever altcoins are added to Coinbase will dramatically experience a positive price effect.Ĭonsequently, a lot of speculation has arisen between investors and crypto-enthusiasts on which altcoin to buy before the “big boom” happens. The surge in the price of Bitcoin Cash once it hit the Coinbase exchange shows the power and influence that the large exchange has on the price of an asset. The ability to seamlessly purchase cryptocurrency assets on an exchange like Coinbase through traditional payment methods such as credit cards makes it more easily accessible to future investors.Ĭoinbase’s announcement has led to rumors that top cryptocurrencies like Dash, Ripple, and Monero will be added to the exchange in 2018. The new cryptocurrencies to be added to Coinbase have not been revealed but recent news has shown that the crypto space is moving towards more mainstream acceptance. Most recently, Bitcoin Cash was just added to the Coinbase exchange, which allows traders to buy and sell the asset on the trading platform. ![]() This statement was confirmed by Coinbase CEO, Brian Armstrong, during an interview with CNBC. But over a 100-day period, these gains levelled out eventually (with OmiseGo’s OMG being the lone exception).Coinbase, one of the largest crypto exchange platforms in the US, has plans to add new cryptocurrencies to their exchange in 2018. Of those coins, 60 percent appreciated against Bitcoin and USD for 10 days after they were actually listed. In 2019, the market generally saw higher returns for Coinbase hopefuls than 2018, though both listing considerations from these years occurred during a time of price decline for Bitcoin and most major cryptocurrencies, Coin Metrics noted.Īs for those assets that were considered and then listed between 2018-2020, CoinMetrics found that many experienced significant price growth for the first 10 days after a listing announcement. Coin Metrics found that, when compared to 20 listing considerations, this group of altcoins experienced “the largest positive trend,” as the mean and medium price changes for these assets was between “20-40% going into the announcement and continuing to appreciate roughly another 20% in the 10 days following.” The most recent group of coins under consideration for listing included Bancor, Siacoin, Aragon and VeChain, among others. Whenever Coinbase plans on listing an altcoin, the report states, the fanfare for this listing comes in two blasts: an announcement about the potential for a new listing, and then an announcement that confirms a new asset will be listed.Ĭoin Metrics examined Coinbase announcements for “assets under review” from three market epochs: the 2018 bear market, the “flat, choppy” market in the summer of 2019, and the most recent “euphoric melt-up” market of today. ![]()
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