Coinbase, a prominent cryptocurrency exchange, has revealed plans to list Sky (SKY) and USDS (USDS), leading to a significant price surge for SKY. The announcement, made via a post on X (formerly Twitter), resulted in increased trading volumes for both tokens, indicating heightened trader interest. However, trading and transfers for these altcoins are not yet available. Coinbase stated that the official launch will depend on market-making support and adequate technical infrastructure. SKY, an upgraded version of MKR, serves as the governance token for the Sky Protocol, while USDS is an enhanced version of the DAI stablecoin, offering additional utility in the DeFi space. Following the announcement, SKY's price rose to $0.091, an 11% increase, before settling at $0.081, still reflecting a 6.7% gain. USDS also saw a trading volume increase of 65.7%, reaching $4.9 million. This trend mirrors previous patterns observed with other tokens added to Coinbase's roadmap. Read more AI-generated news on: https://app.chaingpt.org/news

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