Cryptocurrency change Coinbase has determined to record the Moonwell (WELL) altcoin, in line with its official assertion.
In line with the official assertion, buying and selling for WELL will start tomorrow, September 24, 2024, if liquidity situations are met. Nonetheless, the token will function on Base, the layer 2 community supported by Coinbase, and tokens despatched for deposit from different networks could probably lead to losses.
WELL, which is among the many small-cap altcoins with a market worth of $86 million, skilled a sudden enhance in its worth after the itemizing.
However, additionally it is noteworthy that the altcoin in query isn’t listed on Binance. Coinbase is faster to record altcoins on the Base community. WELL, a DeFi platform altcoin, powers the borrowing and lending platform of the identical title.
*This isn’t funding recommendation.