Coinbase, the largest U.S. cryptocurrency exchange, announced the possibility of future listing of altcoins within the Bitcoin (BTC) scaling ecosystem.
The exchange announced that Core (CORE) is currently included in its listing roadmap, which means the exchange is likely to list it for trading in the future.
Core is designed as a free, highly scalable smart contract platform for Bitcoin.
Core’s ecosystem consists of several key components, including the Satoshi Plus consensus mechanism, non-custodial staking, and a native version of wrapped Bitcoin.
CORE’s current market capitalization is $1.96 billion and its fully diluted value is $4.64 billion.
Crypto analyst Altcoin Sherpa says CORE is one of the altcoin bets on the Bitcoin ecosystem in anticipation of the next major rally.
“CORE: We see a temporary bottom, but wait for a clear breakout of $2 before entering. One of my bets on the BTC ecosystem is to play this cycle and as long as BTC is stable, I think it will go above $2.50+ in the medium term.”
Coinbase has created a listing roadmap for 2022 to increase transparency and reduce the likelihood that investors will rush the announcement of new trading support.
As of this writing, CORE is trading at $2.23.
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