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A small-cap altcoin project built on Ethereum is booming after getting a sudden boost from Coinbase.

The crypto giant says it is adding Threshold (J) to its SEO roadmap.

The announcement is a signal that Coinbase may soon add the coin to its global exchange.

Coinbase created its listing roadmap last year to increase transparency and reduce the possibility that insiders could preempt their listing announcements.

The news triggered an immediate surge in the price of T from a 24-hour low of $0.0245 to a high of $0.0507, an increase of 106%.

The team behind Threshold said it is building a suite of cryptographic services that will enhance users’ sovereignty over the blockchain.

One of his first projects is a decentralized bridge designed to allow Bitcoin holders to bring their BTC to the Ethereum network using the indexed asset. tBTC.

Coinbase said it also adds the decentralized music streaming service Audius (SOUND) to its SEO roadmap.

This announcement triggered a 15% price increase in AUDIO from a 24-hour low of $0.1911 to a high of $0.2209.

Despite adding both coins to its listing roadmap, Coinbase says neither asset is guaranteed to be listed on an exchange.

They will first have to pass the meet again process, which is managed by an internal committee called the Digital Asset Listing Group.

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Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and any loss you may incur is your responsibility. The Daily Hodl does not recommend the buying or selling of cryptocurrencies or digital assets, nor is The Daily Hodl an investment adviser. Please note that The Daily Hodl engages in affiliate marketing.

Featured Image: Shutterstock/DanieleGay/Natalia Siiatovskaia





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