An altcoin designed to power an automated crypto trading platform is skyrocketing after earning support from the top US crypto exchange, Coinbase.
The Ethereum-based crypto asset Kryll (KRL) just shot from a 24-hour low of $1.02 to a high of $1.82 as it became clear that the coin will be listed on Coinbase Pro.
That’s a 78% increase, according to the latest price data from CoinGecko.
Kryll is designed to let users browse, build, and test a variety of trading strategies and see how they perform.
Traders can use the digital asset KRL to pay for fees and reduce the cost of expenses on the platform.
KRL is not the only new altcoin making its debut on Coinbase Pro.
The exchange says it’s also listing OriginTrail (TRAC). The crypto asset is built on the Ethereum (ETH) network. TRAC powers OriginTrail’s data management system, which helps businesses and organizations securely store and manage critical information in a fully decentralized manner.
The TRAC token is designed to be used to pay for data processing and storage fees on the network.
TRAC is also surging as word of its Coinbase Pro listing spreads. It’s up 33.9% at time of writing to $1.25, according to CoinGecko.
Coinbase Pro will also support LCX (LCX), an Ethereum-based token that powers LCX Exchange, a digital asset trading platform.
The crypto asset LCX is up 6.8% in the last 24 hours, and valued at $0.32, according to CoinGecko.
A fourth crypto asset, SUKU (SUKU), is coming to Coinbase Pro.
The Ethereum-powered token is at the center of the SUKU Platform, which is designed to bring new accountability reporting and verification standards to the supply chain industry.
SUKU is down 3.1% in the last 24 hours at $0.94, according to CoinGecko.
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/BOTCookie