Coinbase Lists 2 New Tokens: Here’s What You Need to Know
- Coinbase will launch spot trading for Plume (PLUME) and Jupiter (JUPITER) today.
- PLUME rose nearly 7% after the Coinbase news, building on gains from a 45% surge following its Upbit debut.
- JUPITER fell 2.37% despite the Coinbase listing, showing differing market reactions.
Coinbase, a leading crypto exchange, has announced the listing of two new altcoins on its platform today. The exchange revealed that it will add spot trading support for Plume (PLUME) and Jupiter (JUPITER).
The announcement triggered increased market activity and volatility for both tokens, as traders reacted to Coinbase’s latest additions.
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Coinbase Unveils New Crypto Listings
In an official X (formerly Twitter) post, Coinbase Markets noted that PLUME-USD and JUPITER-USD pairs will go live on or after 9:00 AM Pacific Time (PT). This is contingent on sufficient liquidity being established. The exchange added that trading will launch only in regions where it is supported.
“Plume (PLUME) and Jupiter (JUPITER) will be available on coinbase․com, in the Coinbase app, and Coinbase Advanced. Institutions can access Plume (PLUME) and Jupiter (JUPITER) directly via Coinbase Exchange,” the post read.
To ensure user safety, Coinbase also published the official contract addresses for each token. The exchange warned that transfers to unsupported networks could result in permanent loss of funds.
- Plume (PLUME) is an ERC-20 token on Ethereum, using the address 0x4C1746A800D224393fE2470C70A35717eD4eA5F1.
- Jupiter (JUPITER) is an SPL token with the address JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN.
The listing follows a detailed review covering legal, technical, and market criteria, including trading volume and market capitalization. According to Coinbase’s official listing guidelines, the exchange employs merit-based assessments.
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How PLUME and JUP Prices Shifted After Coinbase Listing News
Meanwhile, both tokens saw price volatility after the announcement. Plume Network is a layer-1 permissionless, full-stack blockchain built for real-world assets (RWA). The EVM-compatible platform powers decentralized finance services, including staking, lending, swaps, and loop strategies.
PLUME surged 7% after the Coinbase listing news, adding to the momentum generated from its Upbit debut. BeInCrypto’s report showed the November 26 Upbit listing drove a 45% price spike, signaling strong demand for the asset in Asia.
Meanwhile, Jupiter is a decentralized exchange aggregator on Solana, routing trades across various liquidity pools to secure the best prices. Its native token, JUP, initially saw modest gains but erased them and continued to decline. At the time of writing, it was trading at $0.223, down 2.37% since the announcement.
Additionally, Coinbase has also added Theoriq (THQ), a modular AI agent foundational layer, to its listing roadmap. This move shows continued expansion into more blockchain segments.
“The launch of trading for these assets is contingent on market-making support, and sufficient technical infrastructure. We will announce the launch of trading separately once these conditions have been met,” the exchange stated.
Theoriq now joins assets like Humidifi (WET), zkPass (ZKP), Hyperlane (HYPER), Sentient (SENT), and more, which are also part of the roadmap.
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