WAHI was arrested and charged in July 2022 and pled guilty earlier today before U.S. (“Coinbase”), pled guilty to two counts of conspiracy to commit wire fraud in connection with a scheme to commit insider trading in cryptocurrency assets by using confidential Coinbase information about which crypto assets were scheduled to be listed on Coinbase’s exchanges. It is currently down 10%, trading at $3.56.Damian Williams, the United States Attorney for the Southern District of New York, announced today that ISHAN WAHI, a former product manager at Coinbase Global, Inc. It is a satellite project of the Binance system, and is one of the fastest-growing DeFi exchanges. WRX (CCC: WRX) is the coin of WazirX, an Indian exchange.The company has grown popular this year due to its association with Serum (CCC: SRM). FTX Token (CCC: FTT) is the crypto for the FTX exchange.The coin is currently up 19.7%, trading for $15.51.
KuCoin has grown over 1,000% since January 2021. The coin is regarded as a safe way to passively grow wealth, as it pays daily dividends. KuCoin Token (CCC: KCS) is KuCoin’s native token.The coin is up over 4% today, trading at $435.43. Binance has capitalized on Ethereum’s congestion to draw in new users. Binance Coin (CCC: BNB) is the coin of Binance, a well-known exchange that went up in 2017.Given the success of Coinbase in Q1 and its upcoming direct listing, could one of these four tokens be the next cryptocurrency to explode in 2021? Why? As Jordan Finneseth writes for CoinTelegraph, the Coinbase IPO has crypto bulls watching other exchanges and their tokens. While not being driven by the same hype as the newly listed cryptos, these exchange coins have been gaining traction throughout the quarter and may be poised for a boom. OGN is currently down 11%, trading at $2.94. Origin Token (CCC: OGN) is the token of peer-to-peer marketplace Origin, used for staking and advertising.NKN is currently up 26%, trading at $1.13. It hopes to provide a network for decentralized peer-to-peer communication. NKN (CCC: NKN) is a public blockchain that rewards users for utilizing unused bandwidth.ENJ is currently up 3%, trading at $3.50. Investors can use ENJ to purchase in-game NFTs that can then be sold to other users. Enjin Coin (CCC: ENJ) is the coin for app developer Enjin.The coin is currently down 2%, trading at $6.10. The exchange’s claim to fame is that it aggregates the exchange rates of coins across a variety of exchanges in order to offer the optimal pricing to users. 1INCH (CCC: 1INCH) is the exchange token of 1Inch.With that in mind, here are four tokens that could be the next cryptocurrency to explode in 2021: During the first five days of trading after listing on Coinbase, tokens have seen an average of 91% gains. Because it is the largest cryptocurrency exchange in the United States, tokens tend to see high returns in the days following their listings. In fact, one crypto analysis firm said that Coinbase listings have a particular impact on the market.
Recently, they have all seen rapid growth, and the new offering could lead to more upward swings. Could a Newly Listed Coin be the Next Cryptocurrency to Explode in 2021?Ĭoinbase is listing four new tokens on its platform today ahead of its IPO.
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