Cryptocurrency exchange Coinbase has announced the listing of Sonic (S) token, previously known as Sonic. This event occurred amid the market's rise.
About Coinbase's Announcement
According to the official statement, Coinbase is adding the Sonic (S) token to its platform. This move is accompanied by expectations of further market changes.
Sonic Token Rally
Since the announcement, the Sonic token has started to rise significantly. Today, the token increased by 14%, marking a significant achievement amid the overall recovery of the cryptocurrency market.
Disputes Over Listing Fees
Previously, a dispute arose between Sonic founder Andre Cronje and Coinbase regarding listing fees. Cronje claimed that Coinbase demanded over $100 million for priority listings. A similar situation was described by Tron founder Justin Sun, who stated the need for an $80 million fee and $250 million in Bitcoin collateral to list TRX. However, Coinbase insists that there are no fees for listings.
Thus, the launch of Sonic (S) token on Coinbase may represent a significant event for the market, especially in light of its recent rise and the preceding disputes over listing fees.
