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RE: Litecoin Will Be Added to Coinbase - Confirmed!
They have been talking about market research for which cryptos to add for a few months now. This is just a light hearted way of making the announcement on Twitter.
Ah alright - it just seemed a bit too much after adding Eth after the volume came as well.
Most likely in both cases the volume came as a result of them finishing up their purchases for the sake of providing liquidity (SegWit may only be providing a helpful rationale for the pump).
If a major exchange adds Steem in the future we'll almost certainly see the same thing. They will need to buy a lot of Steem, and that isn't without its impact.
Thanks for the reply!