Coinbase announces latest list of new listings today, who will be the next lucky one to skyrocket?

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Coinbase announces latest list of new listings today, who will be the next lucky one to skyrocket?

Coinbase announced its latest list of new listings today, including the recently surged VET, LEND, and COMP, which has not been released on the public market yet. The two tokens listed on Coinbase in the past have both surged over 100% after listing. Who will be the next lucky one in the next round?

Coinbase Announces New List of Tokens for Listing

The largest cryptocurrency exchange in the United States, Coinbase, has historically aimed to be 100% compliant with regulations, hence adopting high standards for token listings. However, this strategy seems to be evolving with the market. Coinbase revealed its intention to enhance asset diversity on the platform in a press release today:

"Coinbase's goal is to support all assets that meet our technical standards and comply with applicable laws. Over time, we expect that the majority of digital assets with a market value of over 90% will be accessible to global users through the Coinbase platform."

Additionally, Coinbase also announced a list of tokens under review for listing in the press release, including Aave, Aragon, Arweave, Bancor, COMP, DigiByte, Horizen, Livepeer, NuCypher, Numeraire, KEEP Network, Origin Protocol, Ren, Render Network, Siacoin, SKALE Network, Synthetix, and VeChain, totaling 18 projects.

Source: Coinbase

Coinbase stated that it will evaluate the security, compliance, and alignment with the concept of creating an open financial system with respect to the aforementioned assets based on its digital asset framework. On the other hand, after Coinbase's announcement, the 18 tokens mentioned above all surged in a FOMO atmosphere (except for those not yet launched or listed on CoinMarketCap).

Coinbase listing leads to a surge in candidate projects

Listed Means Surge?

Tokens being listed on exchanges, especially major ones, have always been a positive catalyst for tokens, as it brings better liquidity and increases opportunities for market investors to invest in the coin. Particularly, with Coinbase's rigorous token review process and its large user base in the United States, listings often lead to significant price surges.

For example, both MKR and OMG doubled in value after being listed on Coinbase.

Source: Tradingview

What tokens do you think Coinbase will list in the next round? Feel free to share your insights in the comments section.