According to the latest development, cryptocurrency exchange Coinbase has added the Moonwell (WELL) altcoin to its listing roadmap.

It is known that the altcoin in question is a token that works on Base, Coinbase's own layer-2 network.

The token, which is not listed on major cryptocurrency exchanges other than HTX, Gateio and Kucoin, has an extremely low market value and has experienced a huge increase in price after being added to the roadmap.

Moonwell is an open lending and borrowing protocol on Base, Moonbeam, and Moonriver. With its easy-to-understand user interface, Moonwell simplifies the on-chain lending and borrowing experience, making it accessible to both crypto beginners and experienced users, according to the official website.

*This is not investment advice.

Continue Reading: BREAKING: Coinbase Adds a New Altcoin to Its Roadmap to List