These two altcoins exploded after being listed on Coinbase.

Both Centrifuge (CFG) and TROLL have recorded strong growth after Coinbase announced the official listing. The exchange added them to the listing roadmap just two days ago, indicating a rapid shift in the market.

TROLL is a meme coin developed based on the image of Trollface, while CFG belongs to the platform for tokenizing real assets (RWA). Both of these assets have achieved double-digit growth in the past few hours.

List of Coinbase Altcoins

Recently, the Coinbase exchange has continuously listed many new tokens and shows no signs of slowing down. This morning, Coinbase announced that they will open spot trading for two altcoins tomorrow, which has created great excitement in the investment community:

Both altcoins, Centrifuge (CFG) and TROLL, have experienced significant increases after being listed on Coinbase. In particular, CFG has shown steady growth, while TROLL has witnessed spikes, drops, and recoveries. Centrifuge maintains a steady growth trend with a few minor pauses.

CFG Price Chart | Source: CoinphotonSome investors expressed surprise at the speed of Coinbase's actions, claiming that the exchange acted extremely quickly. Although TROLL and CFG just appeared on the listing roadmap two days ago, they are expected to officially go live tomorrow.

However, both of these assets have a notable history in this field.

Explanation of token history

Centrifuge, a RWA platform, has been operational for many years. Although CFG was only launched last May, this platform has tokenized over 1,700 assets and raised a total of over 1 billion dollars.

This context makes a quick listing on Coinbase reasonable and understandable.

Conversely, TROLL is somewhat more popular. This is a memecoin based on the classic Trollface image from 2008, but its actual token was launched in April of this year.

TROLL Price Chart | Source: CoinphotonAfter holding around 1 cent for most of the year, TROLL skyrocketed to 27 cents last month, but has decreased since then. This altcoin has exhibited quite chaotic trading behavior after being listed on Coinbase.

Although TROLL has more unstable trading behavior, it still records a higher price growth rate compared to CFG. Despite having different characteristics, both of these altcoins have benefited from being listed on Coinbase.

Clearly, this exchange still has the potential to stimulate strong price increases for tokens.

Mr. Giáo