Coinbase Puts Two Low Cap Ethereum Altcoins on Its Listing Roadmap As Crypto Markets Stall

Top US cryptocurrency exchange Coinbase has put two Ethereum-based altcoin projects on its roadmap to become part of its burgeoning list of tradable assets.

Twitter announced on Coinbase To tell Added Aurora and MXC to our roadmap.

Aurora aims to run Ethereum contracts on the NEAR blockchain. The project says it will help scale Ethereum so that developers can operate their apps in Ethereum-compatible high-throughput environments with low transaction costs.

At the time of writing, Aurora is trading at $1.37 and has a market cap of just over $88 million to date. Its native token, AURORA, has been largely unaffected by the news that Coinbase has put on its radar.

MXC is an IoT (Internet of Things) project that seeks to crowdsource the global data network for the “devices of tomorrow”.

The project’s utility token, MXC, is an ERC-20 cryptography used for device transactions on the MXC supernode network. A supernode is a peer-to-peer network node that acts as a relay and proxy server for other users, handling data flows and connections.

MXC has a market cap of $171 million and trades at around $0.07.

of coinbase list roadmap It was originally created to increase transparency by “providing as much symmetry of information as possible” and to communicate with the market before deciding to list an asset.

Earlier this month, Coinbase CEO Brian Armstrong said the exchange’s goal is to eventually list as many crypto assets as possible, as long as they meet simple criteria.

“It’s like Amazon, you might have 3 stars or 5 stars on a product, but when you start getting 1 star consistently, it’s probably a scam or a defect or something and it’s probably Amazon will remove it. Otherwise you’ll want to let the market decide what these are…

My guess is that there will be millions of these assets over time, so basically I hope every addition in the future doesn’t make the news. “

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