Pantera-Backed Altcoin Explodes 79% After Being Added to Coinbase Listing Roadmap

Pantera-Backed Altcoin Explodes 79% After Being Added to Coinbase Listing Roadmap


An altcoin backed by crypto hedge fund Pantera Capital is rallying after the top US crypto exchange Coinbase announced a possible future listing of the token.

In a new announcement, Coinbase says it is adding Stader (SD) to its “listing roadmap,” which alerts customers that the exchange could soon add support for certain assets.

As the news broke Tuesday, SD shot up from a day low of $0.39 to $0.70 at time of writing, a more than 79% gain. SD had soared to a day’s high of $0.85 before retracing.

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SD is the native governance and value accrual ERC-20 token for the Stader protocol, a noncustodial, multi-chain liquid staking platform. The maximum token supply is 120 million.

The project is currently holding a vote on

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