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2 Small Cap Altcoins Record Double Digit Gains After Launch on Coinbase Pro

Two altcoins, PlayDapp and Alchemy Pay are recording double digit gains after receiving support from Coinbase and are launching on Coinbase Pro.

Reportedly, the native token of the PlayDapp (PLA) blockchain gaming platform and non-fungible token (NFT) marketplace, and payments token Alchemy Pay (ACH), are launching on Coinbase Pro.

This has sent PLA rally by more than 50% over the past 24 hours while ACH price has soared around 70% over the same period, according to CoinGecko.

Coinbase Pro started accepting inbound transfers of the two altcoins early August, recently allowed restricted trading.

At the moment the ACH-USD pair is under no-restrictions trading after meeting Coinbase’s ‘assessment for a healthy and orderly market’.

“Our ACH-USD order book is now in full-trading mode. Limit, market and stop orders are all now available.”

Coinbase Pro announced on August 4th that the PLA-USD pair remains in limit-only mode.

“Our PLA-USD order book will now enter limit-only mode. Limit orders can be placed and cancelled, and matches may occur. Market orders cannot be submitted. The order book will remain in limit-only mode for a minimum of 10 mins.”

Coinbase also added the Rai Reflex Index (RAI) stablecoin, which is also limited to Coinbase Pro and is yet to be unveiled on other Coinbase platforms.

“ACH, PLA and RAI are not yet available on Coinbase.com or via our Consumer mobile apps. We will make a separate announcement if and when this support is added.”

Source

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