VECHAIN JUMPS 11% AFTER BEING ADDED TO COINBASE LISTING GUIDE
According to recent reports, VeChain and VeThor have been included in Coinbase's updated asset listing roadmap. However, as of yet, no specific date for their listing has been announced. It is important to note that Coinbase is a cryptocurrency exchange and makes asset listing decisions based on various factors, including technical compatibility, regulatory compliance, and market demand.
On June 23, the VeChain (VET) price experienced a significant spike, reaching $0.01899. This price represents the highest point recorded in the last 16 days for the cryptocurrency.
VeChain price
VeChain experienced a year-to-date high on February 20, hitting $0.03257 before suffering a 40% drop roughly two weeks later, hitting $0.01962. This decline occurred due to a series of bank failures in the United States that rocked the crypto markets.
Subsequently, the VeChain price showed a rally that peaked in mid-April, with a strong resistance level around $0.0265.
In June, due to increasing regulatory hostility from the Securities and Exchange Commission, VeChain suffered an even further decline, reaching a local low of $0.01419, representing a 95% reduction from its all-time high of $0.281 reached in April. of 2021.
As of June 17, the VeChain price started a reversal trend, peaking above the previously shown downtrend line. However, it subsequently moved back below that line again, suggesting indecision on the part of the bulls at this point. It is important to keep monitoring the evolution of the VeChain price and consult reliable sources for the most up-to-date information.
coinbase changelog
As of the cut-off date of my knowledge in September 2021, VeChain and VeThor were not available to trade on Coinbase.
Coinbase had previously announced that it would stop publishing a list of assets under consideration, as part of its efforts to be more transparent regarding token listings. Instead, under its new roadmap approach, the assets the company has chosen to list will be displayed on the roadmap page of its website.
It is important to note that Coinbase does not provide information on expected dates or deadlines, which implies that investors must wait until an official announcement is made regarding the listing of said assets. It is advisable to keep informed through the official Coinbase channels and consult reliable sources to obtain the most up-to-date information on the VeChain and VeThor listing on their platform.
