Coinbase, the largest exchange of cryptocurrency based in the United States, has announced the era list, the native token of Caldera, a Rollup infrastructure platform based in Ethereum.
This decision follows the previous inclusion of the token on exchanges such as Upbit and Binance. In addition, Kucoin, Mexc, Gate.io and Bitget have launched ERA exchanges on their space platforms, marking an important step for its presence on the market.
Coinbase announces the Caldera list (ERA)
In a recent post X (formerly Twitter), Coinbase first informed users that he would take care of the era trade on his platform. A few hours later, the era was put online to exchange for the USD trading pair.
“Caldera (ERA) is now live on Coinbase.com and in IOS & Android Coinbase Applications with the experimental label. Coinbase customers can connect to buy, sell, convert, send, receive or store these assets”, indicates the message.
The exchange uses the “experimental label” to signal new or which have a low volume of trading. These tokens can be sensitive to greater price volatility. In particular, Binance also listed the era with a “seed label”.
However, the announcement sparked a modest price increase of approximately 9.6%, aligning with the models observed after the Upbit list, which stimulated an increase of 60%. However, these gains have proven to be short -lived.
The drop in prices can be widely awarded to the Ardrop era, which the Caldera foundation opened yesterday.
“The portfolios that managed to paddle their allowances have until midnight at midnight UTC to claim their tokens,” wrote the foundation.
When a project distributes free tokens, the recipients can sell them once they have received them, potentially increasing the supply of the token on the market. If there is not enough request to absorb the new supply, it can lead to a drop in prices. At the time of the press, the ERA was negotiated at $ 1.52, reflecting a drop of 7.78%.
Despite the decline, the ERA has always aroused significant interest in investors. Altcoin has become one of the most trendy cryptocurrencies on Coingecko today.
The affirmations of the aerial version of the era cause Ethereum gas
Meanwhile, the era air card also had an impact on the wider Ethereum network. The increase in the activity of the air complaint led to an increase in Ethereum Gwei.
It is a unit of measurement for gas prices on the Ethereum network, representing a billionth of ETH.
“The new air affirmation of the era era of Binance pushed Ethereum Gwei up to 36.7,” said an analyst.
According to the latest Ultra Sound Money data, the complaint contract burned 113.04 ETH in the last 24 hours, worth $ 412,000.
The rise of gas costs due to the aerial card of the time indicates that it gained in traction among users. As complaints continue, gas costs and sales pressure can continue to increase.
However, once air complaints end, this sales pressure could calm, potentially stabilizing the price and allowing the era to find a more sustainable market level.
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