Coinbase, a leading US cryptocurrency exchange, has announced that it will be adding support for an altcoin project that experienced significant gains earlier this year.

The project, known as Core (CORE), will now be available on Coinbase’s trading platform, as well as on the Coinbase iOS and Android apps. Customers will have the ability to buy, sell, convert, send, receive, and store Core assets.

According to the project, Core is designed to be a highly scalable smart contract platform that complements Bitcoin. It features a Satoshi Plus consensus mechanism, non-custodial staking, and a native version of wrapped Bitcoin. Additionally, the project is compatible with the Ethereum Virtual Machine (EVM).

Over the past year, Core has seen significant fluctuations in its value, reaching a low of $0.36 in September 2023 and peaking at $3.79 in April 2024, marking a gain of over 900%. As of the time of writing, Core has a market cap of $1.18 billion and is trading at $1.32, representing a decrease of nearly 2% in the last 24 hours.

In addition to being added to Coinbase, Core has also been listed on the South Korean-based cryptocurrency exchange Bithumb. The project will be available on the won market, with trading support for the Korean Won Market and the Core DAO network.

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