Token

Shadow Token

Bitcoin ETF

Coinbase will list Shadow Token, the native cryptocurrency of the ShdwDrive, a high-performance decentralized data storage network. 
The largest crypto exchange in the U.S. announced that Shadow Token (<a href="https://crypto.news/price/shadow-token/" rel="">SHDW</a>) will be live on the platform from tomorrow if liquidity conditions are met. 
Following the <a href="https://twitter.com/CoinbaseAssets/status/1777725910977773808" target="_blank" rel="">announcement</a>, Shadow Token immediately surged by 20%. The token has been up nearly 80% in a month.&nbsp; 
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Since last month, SHDW has been listed by several major centralized exchanges, including Crypto.com and Gate.io. As a result, the token’s daily trading volume has consistently increased, surging over 200% today.&nbsp; 
Shadow Token gained notable attention following its inclusion in Coinbase’s listing <a href="https://www.coinbase.com/en-gb/blog/increasing-transparency-for-new-asset-listings-on-coinbase" target="_blank" rel="">roadmap</a>, leading to a significant price surge. With the recent surge in Solana’s network activity, utility tokens like SHDW have seen major interest, as developer engagement has increased across the platforms.&nbsp; 
Launched in January 2022, Shadow Token allows for on-chain events to confirm the continued integrity and existence of stored data, a significant advancement over previous attempts by other web3 storage providers to integrate with <a href="https://crypto.news/price/solana/" rel="">Solana</a>, which had limited success. The network supports various use cases, including web hosting, archival and backup services, social media applications, datasets, and personal storage solutions. 
 Read more: <a href="https://crypto.news/ethereum-advisor-sues-united-states/" rel=""> Former Ethereum advisor sues U.S. for $9.6b over dropped extortion charges </a>

Shadow Token surges 20% following Coinbase listing

crypto.news

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