Release: 2024/12/13 01:38 Reading: 883
Coinbase Embarks on Meme Coin Listing Spree Amid Regulatory Clarity
Following President Donald Trump's election victory, Coinbase has shifted its selective approach to cryptocurrencies, onboarding several meme coins to its platform.
Recent Coinbase Listings
This week, Coinbase expanded its meme coin offerings with Peanut The Squirrel (PNUT), Gigachad (GIGA), and Turbo (TURBO). Earlier in December, it listed Mog Coin (MOG) and Moo Deng (MOODENG).
Speculation on Future Listings
There is ongoing speculation about which meme coins may be the next to grace Coinbase's platform. Frog-themed tokens Pepe Unchained and Wall Street Pepe are currently top contenders.
Political Influence on Crypto Regulation
The Trump administration's pro-crypto stance has brought regulatory clarity, allowing platforms like Coinbase to list meme coins with greater confidence. Previously, the Biden-era Securities and Exchange Commission (SEC) had threatened to delist all cryptocurrencies except Bitcoin.
Coinbase's Meme Coin Momentum
Coinbase is actively listing new meme coins, anticipating a potential "supercycle" in the sector. It has already listed high-caps Pepe and Dogwifhat, along with numerous mid-caps and microcaps.
Gigachad and Turbo's Success
Gigachad surged to a new all-time high following its Coinbase debut, with its price rising by 23% in the past week. Turbo also reached a new valuation of $922 million. Both are promising candidates for significant gains.
Peanut The Squirrel's Potential
Peanut The Squirrel has also gained traction after its Coinbase listing, driven by whale investments. A large whale purchased over $10 million worth of PNUT on Binance recently.
Pepe Unchained and Wall Street Pepe as Contenders
Pepe Unchained has performed exceptionally well since launch and is supported by experts as a potential Coinbase listing. Wall Street Pepe, a microcap in its presale phase, is gaining attention from whales.
Wall Street Pepe's Features
Wall Street Pepe is a high-utility meme coin seeking to empower holders. It plans to offer alpha calls, trading strategies, and VIP privileges through a subscription group. Additionally, it offers a staking pool with an APY of nearly 90%.
Disclaimer
Please note that this article is sponsored and serves as informational content only. It does not represent the views of Crypto Daily and is not intended as financial advice.
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