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THE COINBASE EXPLOSION: Prices SKYROCKET as New Tokens Hit the Scene!
Hold onto your wallets, because Coinbase is shaking up the crypto world like never before! The exchange just dropped BankrCoin (BNKR), Jito Staked SOL (JITOSOL), and Metaplex (MPLX) onto its roadmap, and the results are nothing short of explosive! ๐
The Coinbase Effect is REAL!
On July 22, Coinbase gave the green light to these under-the-radar tokens, promising potential listings that could send their values through the roof! As the big guns of crypto like Coinbase step in, you better believe it causes a stir. Prices surged like a rocket, with BNKR shooting up 27% and MPLX climbing by an impressive 18%! But hold your horsesโJITO got a little too excited and then plummeted back into the red.
A Price Surge We Could Only Dream Of!
But wait, thereโs more! Just last week, Caldera (ERA) was added to Coinbase’s apps with an โExperimentalโ label, and the crypto world went wild! ERAโs value skyrocketed by a jaw-dropping 75%, smashing through the $1.80 mark before the stormy winds of the bear market knocked it down to around $1.26. Talk about a rollercoaster ride! ๐ข
Coinbaseโs Backing: The Golden Ticket!
Having Coinbase in your corner is like having a VIP backstage passโliquidity and accessibility shoot through the roof! Various tokens have recently enjoyed a price bump thanks to Coinbaseโs stamp of approval. Notably, Fartcoin (FARTCOIN) and PancakeSwap (CAKE) saw price boosts after the platform welcomed them with open arms!
In January, even Peanut the Squirrel (PNUT) took off like a stray bullet once it was available for trading on Coinbase, while Toshi (TOSHI) celebrated a triple-digit surge after being added to the coveted roadmap. Itโs a wild party in the crypto jungle! ๐๐
But Beware the Delisting Doom!
However, itโs not all sunshine and rainbows in the Coinbase universe. When the platform decides to delist coins, the fallout can be catastrophic! In May, Helium Mobile (MOBILE), Render (RNDR), Ribbon Finance (RBN), and Synapse (SYN) all took serious hits, crashing and burning when their trading services were yanked away.
Get Ready, Crypto Fans!
With Coinbase pulling the strings, the crypto scene is more thrilling than ever! Will your favorite token be the next to shine, or is it headed for a crash landing? Only time will tell, but one thing is for sureโthis crypto rollercoaster is just getting started! Buckle up! ๐ฅ๐ฐ
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