Why Did CORE Price Surge 20% While The Crypto Market Dumped?

Why Did CORE Price Surge 20% While The Crypto Market Dumped?
CORE, the native token of the layer-1 network CoreChain, has surged over 20% in the last 24 hours. This is a notable price increase, considering the downward trend in the broader crypto market with the prices of other major cap tokens, including Ethereum (ETH) dumping.  Related Reading: Ethereum Eyes $4,000 Comeback Fueled By Bullish Buying Spree Why CORE Soared By Over 20% CORE’s price rallied by over 20% following crypto exchange Coinbase’s decision to add the crypto token to its listing ‘Roadmap.’ That means the foremost US crypto exchange plans to list CORE at some point, although it hasn’t disclosed exactly when that will happen. Regardless, this is undoubtedly a positive development for the CORE ecosystem, given the exposure and mass adoption it could gain from being listed on Coinbase.  CORE runs on the Ethereum Virtual Machine (EVM) compatible layer-1 blockchain CoreChain. The network is unique because it adopts a ‘Satoshi Plus’ consensus mechanism. This mechanism adopts Bitcoin’s proof-of-work (PoW) and Ethereum’s delegated proof-of-stake (DPoS) mechanism to address the blockchain trilemma of decentralization, scalability, and security. CORE has a ..

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