Unit of measurement for gas prices on the Ethereum network, representing one billionth of an ETH.
“Binance’s new coin ERA airdrop claim has pushed Ethereum Gwei up to 36.7,” an analyst posted.
According to the latest data from Ultra Sound Money, the claim contract burned 113.04 ETH in the past 24 hours, worth over $412,000.
@Caldera Official #Caldera $ERA
In a recent X (formerly Twitter) post, Coinbase first notified users that it will be supporting ERA trading on its platform. A few hours later, ERA went live to trade against the USD trading pair.
“Caldera (ERA) is now live on Coinbase.com & in the Coinbase iOS & Android apps with the Experimental label. Coinbase customers can log in to buy, sell, convert, send, receive, or store these assets,” the post read.
The exchange uses the ‘Experimental Label’ to flag tokens that are new or have low trading volume. These tokens may be susceptible to more price volatility. Notably, Binance also listed ERA with a ‘seed tag.’
Nonetheless, the announcement triggered a modest price uptick of approximately 9.6%, aligning with patterns observed after Upbit’s listing, which spurred a 60% surge. However, these gains proved short-lived.#AltcoinBreakout #BinanceHODLerERA
