Coinbase Lists 1INCH, ENJ, NKN, and OGN, Prices Surge
CoinEdition
Published Apr 10, 2021 04:00AM ET
Coinbase Lists 1INCH, ENJ, NKN, and OGN, Prices Surge
- Coinbase listed 1INCH, ENJ, NKN, and OGN cryptos on its exchange platform.
- All 4 cryptos saw a brief surge in price following the announcement.
Coinbase announced its official listing of four new cryptocurrencies on its exchange platform earlier today. As of now, Coinbase supports 1inch (1INCH), Enjin Coin (ENJ), NKN (NKN), Origin Token (OGN).
1INCH, ENJ, NKN & OGN are launching on https://t.co/bCG11KMQ6s & in the iOS & Android apps within the next 15 mins. You may need to update your app to buy, sell, convert, send, receive or store 1INCH, ENJ, NKN & OGN. We will update when all are fully live. https://t.co/AkAQGakgYk
— Coinbase (@coinbase) April 9, 2021
Therefore, traders on the Coinbase platform can begin using these cryptos. Meaning that they can now buy, sell, store, send, receive, and convert 1INCH, ENJ, NKN, and OGN. Moreover, the listing of these cryptos is live on both Coinbase.com and in the Coinbase iOS and Android apps.
Following the announcement, all four cryptos saw brief price surges. Particularly, according to CoinGecko, 1INCH, the Ethereum token which powers a decentralized exchange (DEX), went from $6.20 to $6.38.
Meanwhile, ENJ, the token aimed at easing the buying and selling of Non-fungible tokens (NFTS), soared from $3.47 to $3.72. Presently it stands at $3.29.
On the other hand, NKN went from $1.24 to $1.44. As a public blockchain, NKN aims to motivate all internet users to indulge in sharing network connections and make use of unused bandwidth.
Lastly, Origin Token (OGN) went from $2.89 to $3.12 following the Coinbase listing announcement. This too is an Ethereum token. It aims to power peer-to-peer (P2P) decentralized marketplaces. Users use the token to govern, stake, and advertise on the Origin Platform.
This article was first published on coinquora.com
Continue reading on CoinQuora
Get The News You Want
Written By: CoinEdition
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.