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SHDW and NEON Surge on Coinbase Listing Consideration

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.

Assets added to the roadmap today: Shadow Token (SHDW) and Neon EVM (NEON) https://t.co/rRB9d3hSr2

— Coinbase Assets 🛡️📞 (@CoinbaseAssets) March 27, 2024

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.

Also read:Bitcoin rallies to $67K post-Fed’s dovish remarks

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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