Crypto exchange Coinbase announced on Wednesday that it had added support for the gaming token BIGTIME on the Ethereum network. The development followed OKX’s earlier announcement that it would launch the token on Monday.
Coinbase stated that trading BIGTIME might resume on the same day if liquidity targets are met. However, the exchange noted that it had not opened withdrawals of the asset, and users could only make transfers in regions where trading is supported.
Following the announcement, Big Time’s token, BIGTIME, soared over 70% to $0.121, with a trading volume slightly higher than $43 million. Launched in 2021, Big Time has gained traction among investors, attracting the likes of Galaxy Digital, Animoca Brand, and Coinbase Ventures.
From Obscurity to Fame
Coinbase and OKX’s listing has moved Big Time from an obscure non-fungible token (NFT) game to broader market attention. The project prides itself on being a free-to-play, multiplayer action RPG that combines fast-action combat and adventures through time and space.
Big Time’s BIGTIME has only debuted on two exchanges, BingX and MEXC, before the Coinbase and OKX listings. However, the project is said to have sold multiple NFTs on one of the biggest non-fungible token marketplaces, Binance NFT.
BIGTIME Soars
Big Time’s native token, BIGTIME, soared over 60% following news that Coinbase had enlisted the coin on its platform. At press time, BIGTIME traded above $0.1, dropping slightly from an all-time high of $0.129.
Coinbase placed an experimental asset label on BIGTIME, signaling it is new to the platform or has low volume. According to Coinbase, it was a cautionary tag to help its users ascertain the risks involved in gaining exposure to the asset.
