The Threshold (T), a low-cap coin that is known for its extreme volatility, has experienced a significant price surge of 132% over the last 24 hours following the announcement from the crypto giant, Coinbase to add T to its listing roadmap.
According to CoinMarkeCap data, Threshold is currently trading at $0.05357 and has risen by more than 132% in the past 24 hours. Additionally, the market capitalization of the token has also grown by 121%.
The coin’s price surpasses 75%, with the trading volume a massive increase of 400% in 24 hours. T coins have a market cap of $425,472,286, and It has a circulating supply of 8,245,460,686 coins.
Despite a notable growth in its worth, T still has some way to go before reaching the historic peak of $0.2245 that was attained one year ago. This kind of movement is common, as these types of coins often have significant changes in price.
Coinbase Roadmap Boosts The Threshold (T) Price
Coinbase recently shared a tweet on a remarkable merger of NyCypher and Keep Network (KEEP), which formed the Threshold Protocol. Although the partnership began in 2021, Coinbase will cease its support for NU and KEEP but still accept deposits for T.
“On Jan 25 2023, on or around 9am PT, we will be opening transfers for T on @Coinbase & @CoinbaseExch in the regions where trading is supported.” added the Coinbase.
The Threshold team is striving to develop a range of blockchain services that will provide users with maximum sovereignty. In addition, The Digital Asset Listing Group, an internal committee, administers the company’s review process, which all must pass before moving forward.
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Threshold has established itself as a network for multiple decentralized applications (dApps) requiring secure cryptographic protocols. Its ecosystem is thriving, and the Coinbase listing is a sign that Threshold is now amongst the most notable altcoins.