Coinbase lists Vulcan Forged Token

ChainPlay

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one year ago

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On November 29, 2022, Coinbase announced on its social media Twitter that the native token of the well-established NFT game studio, Vulcan Forged, is now available for financial engagement.  Vulcan Forged is a blockchain-based community hub, containing NFT marketplaces and a roster of  NFT games such as VulcanVerse.

Coinbase users will be able to transfer, buy, sell, and trade using the PYR-USD pair. Coinbase is the largest U.S based cryptocurrency exchange. The crypto exchange platform has over 108 million users and over $101 billion in assets on its platform.

Aside from Coinbase, the token can also be found in Binance, KuCoin, WhiteBIT, BingX, and many more cryptocurrency exchanges.

Within the same week, Vulcan Forged also acquired industry veterans in expanding its C-suite. The game studio introduced a new Chief Communications Officer(CCO) and Chief Marketing Officer (CMO), contributing their marketing expertise from Immutable and EA sports.

Image source: VulcanVerse

As a result of this news, Vulcan Forged experienced significant engagement in its one-week activity. Social mentions of the gaming studio increased by 41.4% and social engagements increased by 79.61%, showing a heightened social spotlight in lieu of recent events.

As of the time of this writing, $PYR is worth 3.16 USD. But with the addition of high-profile members and increased social engagement, will the price of this token change in the near future?

To know more about $PYR price activity, visit https://chainplay.gg/games/vulcan-forged/.

Final thoughts

For a currency to be listed on Coinbase, it must undergo evaluation based on the platform’s self-derived digital asset framework. A listed token on one of the world's top crypto exchanges helps improve trust and credibility among investors.

Getting listed also positions the project to effectively market the features of their token and projects, often creating a domino effect in revealing many more opportunities within the cryptocurrency market.