Coinbase ceases trading for these two tokens
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Coinbase's move to halt trading for Enjin coin follows a recent assessment in which the cryptocurrency exchange frequently reviews the assets on its platform to ensure they fulfill its listing standards.trading on June 14 for Enjin Coin across all of its platforms, including Coinbase Simple and Advanced Trade, Coinbase Exchange, Coinbase Prime and Native DEX.
We have disabled trading for Enjin Coin . Your funds will remain accessible to you, and you will continue to have the ability to withdraw your funds at any time.On June 4, Metal DAO successfully passed MIP-00, a proposal outlining its transition to Metal L2, which operates on the Optimism Superchain, similar to Base. MTL will be migrated from the Ethereum mainnet to the Metal L2 via airdrop.
In a crucial advisory to MTL holders, Coinbase stated that to be eligible for the airdrop of the V2 MTL token, they must transfer their MTL assets to a self-custodial wallet that supports MTL V2 by June 23 to ensure access to the airdropped assets. The impact of the Coinbase announcement was evident, with both MTL and ENJ witnessing a 24-hour price decrease, aided by the current market dip. At the time of writing,Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.
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