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Coinbase's listing of the new altcoin Shadow Token (SHDW) on the Solana network triggers a price surge

SHDW

2.15%

Edmund

2024/04/10 00:46

Mengikuti

Coinbase Announces Support for Shadow Token (SHDW) on Solana Network: Trading to Commence April 10

In a significant development, Coinbase, the leading cryptocurrency exchange in the United States, revealed its plans to include support for Shadow Token (SHDW) on the Solana network (SPL token).

Coinbase officially stated, "We will add Shadow Token (SHDW) support to the Solana network (SPL token). If liquidity conditions are met, trading will commence around 12:00 PM ET on April 10, 2024. Trading will initiate gradually on our SHDW-USD trading pairs once sufficient supply of this asset is ensured. SHDW support may be restricted in some supported jurisdictions. Coinbase will add support for SHDW under the experimental label."

Coinbase will add support for Shadow Token (SHDW) on the Solana network (SPL token). Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on @Coinbase & @CoinbaseExch in the regions where trading is supported.
— Coinbase Assets 🛡️📞 (@CoinbaseAssets) April 9, 2024

Following this announcement, the price of SHDW witnessed a substantial surge in value.

Coinbase

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