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Three Ethereum-Based Altcoins on the Rise Following Coinbase Announcement

by admin
March 27, 2025
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Three Ethereum-Based Altcoins on the Rise Following Coinbase Announcement
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High US-based crypto trade platform Coinbase is including three new Ethereum (ETH)-based altcoins to its suite of merchandise, inflicting the belongings to skyrocket.

In a brand new announcement on the social media platform X, Coinbase says it’s including assist for decentralized roll-up protocol AltLayer (ALT), decentralized finance community Pendle (PENDLE), and gamified studying platform Layer3 (L3) practically per week after including them to its itemizing roadmap.

Information of the additions despatched all three altcoins flying, as AltLayer, a protocol that makes use of rollups to boost scalability, went from a low of $0.037 on March twenty sixth to a peak of $0.041 a day later. It has since retraced and is buying and selling for $0.0407 at time of writing, a 8.3% acquire on the day.

Pendle, a undertaking that tokenizes yields, additionally noticed positive aspects because it went from a low of $2.83 to a peak of $2.99 throughout the identical timeframe. It too has retraced and is buying and selling for $2.95 at time of writing, a acquire of three.7% over the last 24 hours.

L3, a program that teaches customers about Web3 by way of interactive video games, skyrocketed as properly, because it went from a March twenty sixth low of $0.087 to a peak of $0.106 only a day later. It’s transferring for $0.104 at time of writing, a 17.5% acquire in the course of the day.

Coinbase first added the altcoins to its itemizing roadmap – which is used to extend transparency and stop the front-running of recent tokens – on March twenty first, additionally inflicting the digital belongings to rally on the time.

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Disclaimer: Opinions expressed at The Every day Hodl aren’t funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any losses you might incur are your accountability. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please observe that The Every day Hodl participates in online marketing.

Featured Picture: Shutterstock/Vanessa SG/Natalia Siiatovskaia



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Tags: ALTCOINSAnnouncementCoinbaseEthereumBasedRise
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