Coinbase, the largest cryptocurrency exchange in the United States, has announced that it may list altcoins within the Bitcoin (BTC) scaling ecosystem in the future.
The exchange announced that Core (CORE) is on its listing roadmap, meaning that the exchange may list it for trading in the future.
Core is designed to be a super-scalable smart contract platform complementary to Bitcoin.
The Core ecosystem consists of several key components, including the Satoshi Plus consensus mechanism, non-custodial staking, and a wrapped native version of Bitcoin.
CORE's current market cap is $1.96 billion and its fully diluted valuation is $4.64 billion.
Crypto analyst Altcoin Sherpa said CORE is one of the altcoins he's betting on for the Bitcoin ecosystem as it looks to hit its next big rally.
“Core: We are seeing a temporary bottom, but I will wait for a solid breakout of $2 before getting in. One of my bets on the BTC ecosystem is this cycle, and as long as BTC remains stable, I think we will see $2.50+ in the medium term.”
Coinbase has created a listing roadmap for 2022 to increase transparency and reduce the chance that investors will pre-empt the announcement of new exchange support.
At the time of writing, CORE is trading at $2.23.
Don't miss out on the latest news – subscribe to receive email alerts directly to your inbox
Check price trends
follow me XFacebook, Telegram
Browse the daily Hodl mix
 
Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies and digital assets. Transfers and transactions are at your own risk and you are responsible for any losses incurred. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets and is not an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated image: On the road
