Coinbase Adds Support for Rapidly Rising Altcoin Core (CORE)

  • Coinbase, a prominent US crypto exchange, has recently expanded its platform to include a new altcoin.
  • This addition marks a significant milestone for the altcoin project, which experienced remarkable growth earlier this year.
  • Coinbase announced via its social media channels that it will now support Core (CORE) on its trading platform.

Discover the latest developments as Coinbase integrates Core (CORE), a high-performance smart contract platform, offering new opportunities for traders and investors alike.

Coinbase Lists Core (CORE): A New Chapter for the Altcoin

Coinbase has officially announced the listing of Core (CORE), a cryptocurrency that has demonstrated substantial growth and potential. With this development, users can now buy, sell, convert, send, receive, or store Core on Coinbase’s website and mobile applications.

The Core Ecosystem: Innovations and Features

Core’s ecosystem is built to be a complementary, hyper-scalable platform to Bitcoin, featuring a unique Satoshi Plus consensus mechanism. Additionally, it offers non-custodial staking and includes a native version of wrapped Bitcoin. Core is also fully compatible with the Ethereum Virtual Machine (EVM), making it incredibly versatile and efficient for various applications.

Core’s Market Performance: Historical Gains and Current Trends

In the past year, Core saw its valuation skyrocket from a low of $0.36 in September 2023 to an impressive $3.79 in April 2024—marking a gain exceeding 900%. As of the latest data, Core has a market cap of $1.18 billion and is trading at $1.32, reflecting a minor decline of nearly 2% in the past 24 hours.

Core’s Strategic Expansion: Listing on Bithumb

Core’s reach expanded further with its listing on Bithumb, a leading cryptocurrency exchange based in South Korea. Starting June 24th, Core is available for trading in the Korean Won market. Transactions and withdrawals are supported starting the same day, providing South Korean investors with direct access to Core.

Conclusion

The integration of Core (CORE) by Coinbase marks a pivotal development for the altcoin, underlining its growth and market potential. As Core continues to expand its reach and capabilities, it stands as a testament to the dynamic and evolving nature of the cryptocurrency landscape, offering new opportunities for traders and investors worldwide.

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Gideon Wolf
Gideon Wolfhttps://en.coinotag.com/
GideonWolff is a 27-year-old technical analyst and journalist with extensive experience in the cryptocurrency industry. With a focus on technical analysis and news reporting, GideonWolff provides valuable insights on market trends and potential opportunities for both investors and those interested in the world of cryptocurrency.
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