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According to the latest development, Coinbase is listing the Stader (SD) altcoin.
In the statement made by Coinbase, it was stated that the SD token will be supported only on the Ethereum network. According to the statement, tokens sent to Coinbase from other networks of the altcoin may be lost forever.
SD trading will begin on July 30, 2024, at around 20:00 Turkish time (UTC+3) if liquidity conditions are met.
Following the listing announcement, an incredible rise in SD price was observed. The token, which was traded at around $0.54 before the listing, finds buyers at $0.70, with an increase of approximately 33% at the time of writing this article. SD is among the liquid staking derivative (LSD) themed altcoins.
*This is not investment advice.