Coinbase has expanded its offerings with five new altcoins now available for trading across its platforms, including Axie Infinity (AXS), Request (REQ), TrueFi (TRU), Quickswap (QUICK), and Wrapped Luna (WLUNA). These tokens are accessible via Coinbase’s retail services and Coinbase Pro, reinforcing the exchange’s strategy to support a growing array of digital assets.
New Altcoin Listings on Coinbase
1. Axie Infinity (AXS)
- Category: Play-to-earn NFT game
- Current Price: $69.08 (61.8% 7-day gain)
- Use Case: Players earn by breeding and trading Axies (NFT-based pets).
- Developer: Sky Mavis
👉 Discover how play-to-earn games are revolutionizing crypto
2. Request Network (REQ)
- Category: Payment protocol
- Current Price: $0.312677 (368% 7-day surge)
- Use Case: Enables peer-to-peer payments without intermediaries.
3. TrueFi (TRU)
- Category: DeFi lending
- Current Price: $0.685162 (38.4% weekly increase)
- Use Case: Facilitates uncollateralized loans via blockchain.
4. Quickswap (QUICK)
- Category: Decentralized exchange (DEX)
- Current Price: $790.45 (133% weekly growth)
- Use Case: Powers trading on Polygon’s low-fee ecosystem.
5. Wrapped Luna (WLUNA)
- Category: Cross-chain token
- Use Case: ERC-20 representation of Terra’s LUNA for Ethereum-based DeFi.
Coinbase’s Strategy: Becoming the "Amazon of Assets"
CEO Brian Armstrong aims to list "millions" of crypto assets, emphasizing decentralization and accessibility. Recent listings align with this vision, catering to diverse investor interests from NFT gaming to DeFi lending.
FAQ Section
Q1: How do I buy these altcoins on Coinbase?
A: Navigate to Coinbase Pro or the retail app, search for the token (e.g., AXS), and place an order.
Q2: Why is REQ’s price surging?
A: Demand spikes due to its utility in frictionless payments and broader market trends.
Q3: Is WLUNA the same as LUNA?
A: Yes—WLUNA is LUNA’s Ethereum-wrapped version, convertible 1:1 via authorized partners.
👉 Explore altcoin trading strategies
Key Takeaways
- Coinbase continues to diversify its crypto portfolio, targeting high-growth sectors.
- AXS and REQ show exceptional short-term gains, reflecting market enthusiasm.
- Armstrong’s "Amazon of assets" vision could reshape crypto accessibility.
Prices and metrics are sourced from CoinGecko and subject to market volatility.
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