Polygon Gaming Altcoin Spikes After Coinbase Adds Crypto Asset to Lineup
Top US crypto exchange Coinbase is rolling out support for a low-cap Polygon gaming altcoin, spurring a price surge for the token.
VOXEL, the native altcoin of the tactical RPG game Voxie Tactics, is up more than 36% than this week, thanks largely to a sizeable price jump after the Coinbase announced it was considering adding the coin to its trading lineup.
Just a couple days later, Coinbase has now officially announced it is indeed adding support for the altcoin on the Polygon (MATIC) network.
The exchange says trading will begin on Thursday, as long as liquidity conditions are met. The 467th-ranked crypto asset by market cap is trading around $0.404 at time of writing.
Voxie Tactics players can bring their characters from the Voxies NFT project into the free game for gameplay benefits and a customizable playing experience, according to the project’s white paper.
VOXEL tokens can be traded for in-game items.
Despite the price surge this weekend, VOXEL remains more than 91% down from its all-time high of $4.70, which it hit in December 2021, according to CoinGecko.
Coinbase created the listing roadmap last year to increase transparency and reduce the likelihood of front-running its listing announcements.