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Bancor Rises by 35% After Coinbase Listing

Bancor Rises by 35% After Coinbase Listing

The Bancor Network (BNT) token surged by over 35% in 24 hours after being listed on Coinbase Pro on Dec. 15.  

  • The token eyes $2 price target in site after rising over 35% to $1.79 at the time of publishing
  • Before Coinbase, BNT was most active on Binance, Huobi and OKEx
  • BNT was listed on Coinbase Pro along with AAVE and SNX; availability on the professional exchange usually precedes listing on Coinbase’s retail platform
  • Bancor launched a liquidity mining feature following the Bancor 2.1 update, which introduced an AMM
  • On Dec 4., the governance community voted for REN and YFI to be a part of the liquidity mining program; the community is now voting for 2 more tokens to be supported

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