Coinbase announced that Shadow Token (SHDW) and Neon EVM (NEON) are under consideration for listing on their platform.This news sent the prices of the two tokens rising. The two tokens were listed on the exchange roadmap this Tuesday.
The exchange introduced its listing plan in 2022 with the intention of promoting transparency and discouraging investors from tampering with pricing through rumours of a listing.
Shadow Token(SHDW),a token that was designed for secure decentralized data storage, raised in price to around 53% within 24 hours. As per the writing time the token is trading at a price of $2.11.This price increase comes alongside the launch of SHDW trading on Singapore’s Crypto.com exchange.
As for the other token,Neon EVM(NEON), which is considered to be a utility token that facilitates building applications on Solana,also saw an impressive price surge whereby the token rose to around 21.6% and is currently trading at a price of $1.70.
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