Little-Known Altcoin Erupts 244% After Receiving Surprise Boost From Crypto Giant Coinbase

The price of Solana (SOL)-based crypto assets has surged with the backing of US-based digital asset exchange Coinbase.

coin base To tell Its customers will now be able to trade altcoins marinated (MNDE) and marinated staked SOL (mSOL) on the platform, following an earlier announcement to add these low-cap coins to the catalog of supported cryptocurrencies. became.

The two assets are listed under an experimental asset label that exchanges assign to low-volume, high-risk cryptocurrencies.

“Marinade (MNDE) and Marinade Steaked SOL (MSOL) are now publicly available on and the Coinbase iOS & Android App labeled Experimental. Coinbase customers can log in to purchase these assets. , sell, convert, send, receive, or store.”

MNDE, the governance token for marinade finance, a liquid staking protocol that helps keep the Solana ecosystem decentralized, is up 244.92% over the past 24 hours. This crypto asset is trading at $0.26 at the time of writing.

mSOL, a liquid staking token that rewards those who stake SOL tokens on the Marined Protocol and can be used for decentralized finance (DeFi) activities, has risen 0.33% in the last 24 hours. It is currently trading at $33.22.

SOL also rose $33.22 on the previous day. The Ethereum (ETH) Challenger is currently worth $31.21.

Don’t miss a beat – subscribe to get encrypted email alerts delivered straight to your inbox

Price action confirmation

Please follow us twitter, Facebook When telegram

Surf The Daily Hodl Mix

Check out the latest news headlines


Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should exercise caution before making risky investments in Bitcoin, cryptocurrencies or digital assets. Please note that your money transfers and transactions are made at your own risk and you are responsible for any losses you may incur. The Daily Hodl does not endorse the buying or selling of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Vitaliy Tyapkin/Sensvector

Leave a Reply

Your email address will not be published. Required fields are marked *