Recently, we reported that Coinbase added COW Coin to its roadmap for listing. Now, a specific date for the listing has been announced. The price of this altcoin has risen by double digits.
COW Coin Price Surge
The significant price increase is associated with the upcoming listing on one of the largest crypto platforms. While BTC stands at $63.00, low-volume cryptocurrencies like COW Coin exhibit more substantial price movements.
COW Coin in DeFi Context
COW Coin is primarily accessible through DeFi platforms and operates on the Ethereum network. Coincidence of Wants (CoWs) facilitates the best exchange rates by aggregating multiple transactions, providing savings. This concept aligns with the aggregator model familiar in DeFi. CoWs aim to improve structural pricing. The COW Token offers discounts and advantages on its swap platforms while granting traditional governance rights within its DAO.
COW Coin Listing on Coinbase
Coinbase recently added this altcoin to its roadmap, as previously reported. Now, with the announcement of the listing on September 24, the price has again increased by double digits. However, it has not yet returned to the levels noted in the previous roadmap news.
The introduction of COW Coin on the Coinbase platform has triggered a significant price increase, demonstrating the potential for further movements within DeFi.
Comments