Two Ethereum-based Altcoins Jump After Announcing Support for Crypto Base

Leading US cryptocurrency exchange Coinbase has launched trading services for digital assets that were recently added to its listing roadmap.

In a new announcement, Coinbase He said That Aurora (AURORA) will be available with a “beta” tag, which the exchange applies to “assets that are either new to our platform or have relatively low trading volume compared to our broader crypto market.”

Aurora was designed by the team behind the Near Protocol Layer 1 (NEAR) scaling solution. As an Ethereum Virtual Machine (EVM), Aurora is fully compatible with Ethereum (ETH) while providing developers with a turnkey solution with low transaction costs.

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The ERC-20 AURORA governance token has been approved and created by the Decentralized Autonomous Organization (DAO).

Aurora has seen some choppy price action over the past week, currently up about 10% on the day and trading at $1.34.

He also joined Coinbase in the MXC beta category, an IoT (Internet of Things) project that attempts to bring together global network data sources for the “machines of tomorrow.”

MXC operates the Meta X Connect network and is focused on the successful growth of the Web 3.0 infrastructure.

According to the project’s website, MXC has connected more than 63,000 devices and collected more than 60 terabytes of data.

The MXC token is also an ERC-20 asset that is used to run device transactions on the project’s peer-to-peer Supernode network, which serves as a relay and proxy server to manage the data flow.

At the time of writing, MXC is up 7.77% in the last 24 hours and is trading at $0.076.

Coinbase originally announced that it would add AURORA and MXC to its listing roadmap on August 22nd. The exchange laid out its roadmap earlier this year to enhance transparency and reduce insider trading risks.

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Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should perform their due diligence before making high-risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and transactions are at your own risk and any loss you may incur is your responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets, and The Daily Hodl is not an investment advisor. Please note that The Daily Hodl is involved in affiliate marketing.

Featured Image: Shutterstock / Shchaslyva Tetiana / Fotomay

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