• Degen rose over 160% in 24 hours after Coinbase introduced buying and selling assist for Base tokens.
• The io.web token will even be listed on Coinbase, however its worth has fallen amid the downturn in cryptocurrencies as a consequence of geopolitical occasions.

DEGEN soared after US-based cryptocurrency change Coinbase introduced it had added DEGEN to its itemizing roadmap.

Following this information, DEGEN soared from a low of $0.004 to just about $0.012, in response to market information from CoinGecko. By way of 24-hour features, the memecoin worth soared over 160%, pushing the worth of the Degen token to ranges final seen in June of this 12 months.

DEGEN will likely be listed on Coinbase

Degen, the neighborhood token and blockchain from decentralized social platform Farcaster, will likely be added to Coinbase for spot buying and selling.

GM Degens! Huge information — $DEGEN is listed on spot buying and selling on Coinbase, changing into the 4th inventory @base token. This journey has been robust, however there may be a lot extra to return. An enormous thanks to Degen and the Base fam for hanging out with us. Let's hold constructing! https://t.co/m9j1FcTYMs

— Degen🎩 (@degentokenbase) October 1, 2024

Coinbase introduced its itemizing roadmap in July 2022, noting that the transfer is a measure to make sure transparency. The change additionally makes use of this to forestall front-running, and solely property that Coinbase has determined to record are at the moment added to the roadmap.

Degen was launched as a reward token to the Farcaster neighborhood.

Its adoption as a meme coin has helped construct a powerful person base, however amidst elevated developer exercise and content material creation, the mission is more and more gaining renewed curiosity.

DEGEN tokens are at the moment traded on platforms equivalent to OKX, Bybit, KuCoin, and Gate.io. Costs have elevated over 330% prior to now 30 days. Nonetheless, it’s nonetheless removed from its all-time excessive of $0.064 reached in March 2024.

Coinbase and io.web additionally to be listed

io.web (IO) is one other token that Coinbase has introduced buying and selling assist for by including it to their roadmap. Nonetheless, whereas DEGEN soared, IO fell together with different cryptocurrencies amid geopolitical uncertainty within the Center East.

io.web is a decentralized AI computing platform constructed on Solana.

IO worth is down 14% prior to now 24 hours, however is essentially bullish after rallying over the previous month. Its worth is at the moment up greater than 25% prior to now 30 days, with most of that enhance coming in late September after io.web introduced a partnership with Phala Community.

IO worth is hovering round $1.78.