Coinbase unlocks HVAC, MANA and DNT
The exchange announced the news in a statement yesterday. The addition project tokens Civic (HVAC), Decentraland (MANA) and District0x (DNT) applies to the web version of Coinbase, as well as Android and iOS apps. As usual, however, users located in New York State will not be able to access it.
Civic (CVC) is a blockchain identity verification service. It allows to provide proof of identity to an entity, while protecting the privacy of the person. We told you about this project last June, because Civic proposed to provide proof of coronavirus screenings through its app.
As for the MANA, this is the asset of the Decentraland project. This blockchain video game offers its users a virtual world with building land. The game was launched in early 2020 and had already seen several events, including a reproduction of the SpaceX launch.
Finally, the District0x project is a network of decentralized marketplaces. It allows users to organize themselves into marketplaces: districts. The DNT is its governance token, which is used by the community to vote on the future of the project.
👉 Read our guide: Which cryptocurrencies to follow in 2020?
Altcoins advance thanks to Bitcoin bull run
While the results of the US election are still pending and plunge the world into uncertainty, Bitcoin price (BTC) exploded, topping $ 15,000 for the first time in 3 years. As a result, altcoins are also partially following the trend.
And for those who just added Coinbase, the progress is particularly marked. The MANA has been performing well for 24 hours: it gained + 25%. The DNT is located outside the top 100 of the ranking of cryptocurrencies by market cap, but it explodes even more, with a colossal jump of + 276% over the last 24 hours:
Source: TradingView, DNT, USD
Finally, Civic’s CVC is also experiencing a considerable leap, at + 57% over the last 24 hours. These three assets stand out frankly from the top 10 altcoins, which have grown overall since yesterday, but not to the same extent. ETH has thus taken + 7%, XRP has increased by + 4%, and it is LTC which is currently experiencing the strongest jump, among the altcoins of magnitude, with + 10%. The “Coinbase effect” is therefore very present.
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About the Author : Marine Debelloir
Intrigued by Bitcoin for several years, I developed a passion for crypto-currencies and the innovative technologies that result from them. I like to unearth the most delicious information to share it with you and help democratize this fascinating universe. But I don’t stop there! I also like to analyze projects related to cryptos and blockchains, which fascinate me just as much.
All articles by Marine Debelloir.