Coinbase, a leading cryptocurrency exchange, announced on Tuesday, December 9th, the addition of two new altcoins to its list. The platform revealed that it will offer spot trading support for Plume (PLUME) and Jupiter (JUPITER).
The announcement led to increased market activity and volatility for both tokens as traders reacted to the news.
Coinbase unveils new crypto listings
In an official post on X (Twitter), Coinbase Markets specified that the PLUME-USD and JUPITER-USD trading pairs will be available starting at 9:00 AM Pacific Time (PT). However, this addition is contingent upon sufficient liquidity. The platform added that trading will only be launched in supported regions.
“Plume (PLUME) and Jupiter (JUPITER) will be available on coinbase.com, in the Coinbase app, and via Coinbase Advanced. Institutions can access Plume (PLUME) and Jupiter (JUPITER) directly through Coinbase Exchange,” the post reads.
To ensure user security, Coinbase has also published the official contract addresses for each token. The platform warned that transfers to unsupported networks could result in the permanent loss of users' funds.
Plume (PLUME) is an ERC-20 token on Ethereum, with the address 0x4C1746A800D224393fE2470C70A35717eD4eA5F1.
Jupiter (JUPITER) is an SPL token with the address JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN.
This listing follows a detailed review of the tokens, covering legal, technical, and market criteria, including trading volume and market capitalization. According to Coinbase's official listing guidelines, the platform conducts merit-based evaluations.
PLUME and JUP stock prices following the Coinbase listing announcement
In parallel, both tokens experienced price volatility following the announcement. The Plume network is a permissionless, end-to-end Layer-1 blockchain designed for real-world assets (RWA). The EVM-compatible platform offers decentralized finance services, including staking, lending, swaps, and loop strategies.
PLUME saw a 7% increase following news of its Coinbase listing, adding to the momentum generated by its Upbit launch. A previous report from BeInCrypto showed that the Upbit listing on November 26th triggered a 45% price surge, signaling strong demand for the asset in Asia.
Jupiter, for its part, is a decentralized exchange aggregator on Solana that routes transactions through various liquidity pools to secure the best prices. Its native token, JUP, initially saw modest gains but subsequently erased them and continued to decline. At the time of writing, it was trading at $0.223, down 2.37% since the announcement.
In addition, Coinbase has also integrated Theoriq (THQ), a modular AI agent base layer, into its listing roadmap. This initiative demonstrates Coinbase's continued expansion into other segments of the blockchain.
“The launch of trading for these assets depends on market-making support and sufficient technical infrastructure. We will announce the launch of trading separately once these conditions are met,” the platform said.
Theoriq now joins assets such as Humidifi (WET), zkPass (ZKP), Hyperlane (HYPER), Sentient (SENT), and others, which are also part of the exchange's roadmap.
The moral of the story: There's more to life than Binance listings.
