Coinbase Expands Offerings: COW, WELL, and CATI-Perp Added

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Coinbase Expands Offerings COW, WELL, and CATI-Perp Added
  • Coinbase has listed COW, WELL, and CATI perpetual futures.
  • The trading volume of all the three cryptocurrencies skyrocketed.
  • COW and WELL are trading around their 30-day highs.

Coinbase, the largest US-based digital asset exchange, is adding CoW Protocol (COW) on the Ethereum blockchain, Moonwell (WELL) protocol on Base, Moonbeam, and Moonriver, and perpetual futures trading for Catizen (CATI), a novel gaming bot on Telegram.

The prices of COW, WELL, and CATI all rose in the past 24 hours alongside a broader market recovery. The Coinbase listing should give COM and WELL more visibility, while perpetual futures trading for CATI will encourage growth and improve liquidity for CATI.

The trading volume of COW, WELL, and CATI shot up after their introduction on the Coinbase exchange in regions where the digital asset platform operates. For the COW token, the firm will support transfers as an ERC-20 token, starting on September 24, 2024, at 9 AM PT.

As per Coinbase, the trading of the COW-USD will begin in stages, and support for the altcoin will be “limited in some supported jurisdictions.” As the only publicly-traded crypto exchange in the United States, Coinbase’s announcement of new altcoin listings is a major event.

COW, WELL, and CATI Prices Rise

COW, WELL, and CATI have all performed well in the past 24 hours. The trading volume of these digital assets increased 1013.66%, 221.28%, and 13.84%, respectively, while their prices went up by 2.31%, 13.76%, and 4.66%, respectively.

COW has surged 32.46%, WELL has skyrocketed 48.27%, while CATI has dropped to 4.13% in the past week, respectively. Additionally, in the past 30 days, COW has risen 27.25% and WELL has jumped 131.53%, respectively.

Read also: Meme Coins Outpace Bitcoin in 2024, Binance Listings Fuel Growth

COW is ranked at position 2779 on CoinMarketCap with a market capitalization of $26.14 million while WELL is ranked 2731st with a valuation of $100.24. Finally, CATI has a rank of 189 with a market capitalization of $244 million.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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