Coinbase Lists 2 New Token : Here's What You Need to Know

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Coinbase, a leading crypto exchange , announced the listing of two new altcoins on its platform today. The exchange revealed that it will add trading support for Plume (PLUME) and Jupiter (JUPITER).

The announcement sparked market activity and volatility for both Token, as traders reacted to Coinbase's latest additions.

Coinbase Reveals New Cryptocurrency Listings

In an official post on X (formerly Twitter), Coinbase Markets said that PLUME-USD and JUPITER-USD pairs will launch on or after 09:00 Pacific Time (PT). This is subject to sufficient liquidation being established. The exchange also said that trading will only open in supported regions.

“Plume (PLUME) and Jupiter (JUPITER) will be available on coinbase․com, in the Coinbase app, and Coinbase Advanced. Institutions can access Plume (PLUME) and Jupiter (JUPITER) directly through Coinbase Exchange,” the post reads .

To ensure user safety, Coinbase also publishes official contract addresses for each Token. The exchange warns that transfers to unsupported networks may result in permanent loss of assets.

  • Plume (PLUME) is an ERC-20 Token on Ethereum, using the address 0x4C1746A800D224393fE2470C70A35717eD4eA5F1.
  • Jupiter (JUPITER) is the SPL Token with the address JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN.

The listing is made after a detailed XEM process of legal, technical and market criteria, including volume and market Capital . According to Coinbase's official guidelines , the exchange applies a quality-based evaluation.

How PLUME and JUP prices changed after Coinbase listing news

Meanwhile, both Token saw price fluctuations following the announcement. Plume Network is a decentralized layer-1 blockchain built for real-world assets (RWA) . This EVM-compatible platform supports decentralized financial services such as Staking, lending, swaps, and loop strategies.

PLUME surged 7% following the announcement of its Coinbase listing, adding to the momentum generated by its debut on Upbit. BeInCrypto reports that the Upbit listing on November 26 caused a 45% price increase, indicating strong demand for the asset in Asia.

Price performance of PLUME and JUP following the Coinbase listing announcement. Source: TradingView

Meanwhile, Jupiter is a decentralized exchange platform on Solana that routes trades through different liquidation pools to ensure the best price. The native JUP Token saw a slight increase but then collapsed and continued to decline. At the time of writing, it was trading at $0.223, down 2.37% since the announcement.

Additionally, Coinbase has also added Theoriq (THQ), a modular AI platform layer, to its listing roadmap. This move shows its continued expansion into more blockchain segments.

“The launch of trading for these assets is subject to market-making support and adequate technical infrastructure. We will announce the opening of separate trading when these conditions have been met,” the exchange said .

Theoriq now joins assets like Humidifi (WET), zkPass (ZKP), Hyperlane (HYPER), Sentient (SENT), and more, also part of the roadmap.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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