The cryptocurrency market is abuzz with excitement as two Ethereum (ETH)-based altcoins experience a surge in value following their addition to the popular US-based crypto exchange platform, Coinbase.
Coinbase recently took to social media platform X to announce the inclusion of Maple Syrup (SYRUP) and Aethir (ATH) to its lineup of digital assets. These tokens, one focusing on decentralized finance (DeFi) and the other on artificial intelligence (AI), have seen a significant increase in price since the announcement.
The news of Coinbase’s support for SYRUP and ATH came after the exchange added the tokens to its listing roadmap last week. This move caused both assets to skyrocket in value, with SYRUP jumping from $0.131 to $0.173 in just one day, a gain of 28.7%, and ATH rising from $0.034 to $0.040 during the same timeframe, a 14.4% increase.
Aethir, a decentralized cloud computing protocol established in the previous year, is focused on providing high-performance GPU capabilities for AI and blockchain-based video games. On the other hand, Maple Syrup, a DeFi platform launched in 2021, facilitates borrowing and lending activities, allowing borrowers to access capital through under-collateralized loans while rewarding lenders for providing funds.
As the cryptocurrency market continues to evolve and expand, the addition of innovative tokens like SYRUP and ATH to Coinbase’s platform further solidifies the growing interest and investment in digital assets. With these tokens gaining traction and support from a reputable exchange like Coinbase, investors are keeping a close eye on their potential for future growth and success.
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Image Source: Shutterstock/FlashMovie/Vladimir Sazonov