Coinbase, the largest cryptocurrency exchange in the USA, announced that it will add Shadow Token (SHDW) support to the Solana network (SPL token).
“Coinbase will add Shadow Token (SHDW) support to the Solana network (SPL token).
If liquidity conditions are met, trading will begin around 12:00 PM ET on April 10, 2024. Trading will begin gradually on our SHDW-USD trading pairs once sufficient supply of this asset is ensured. SHDW support may be restricted in some supported jurisdictions.
Coinbase will add support for SHDW under the experimental label.”
Coinbase will add support for Shadow Token (SHDW) on the Solana network (SPL token). Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on @Coinbase & @CoinbaseExch in the regions where trading is supported.
— Coinbase Assets 🛡️📞 (@CoinbaseAssets) April 9, 2024
Following the news, the SHDW price experienced a huge increase.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/breaking-coinbase-announces-it-will-list-a-new-altcoin-4/