{"id":38806,"date":"2024-10-02T10:42:03","date_gmt":"2024-10-02T10:42:03","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/degen-surges-160-after-coinbase-adds-token-to-listing-roadmap\/"},"modified":"2024-10-02T10:42:03","modified_gmt":"2024-10-02T10:42:03","slug":"degen-surges-160-after-coinbase-adds-token-to-listing-roadmap","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/degen-surges-160-after-coinbase-adds-token-to-listing-roadmap\/","title":{"rendered":"DEGEN surges 160% after Coinbase adds token to listing roadmap"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/1681818798655-744e8589-60cd-4186-ad33-df5f4098d35f-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/1681818798655-744e8589-60cd-4186-ad33-df5f4098d35f-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/1681818798655-744e8589-60cd-4186-ad33-df5f4098d35f-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/1681818798655-744e8589-60cd-4186-ad33-df5f4098d35f-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Degen rose by more than 160% in 24 hours after Coinbase announced trading support for the Base token.<\/li>\n<li>io.net token will also list on Coinbase, but its price fell amid a crypto downturn on geopolitical events.<\/li>\n<\/ul>\n<p>Degen (DEGEN) rose sharply after US-based cryptocurrency exchange Coinbase <a href=\"https:\/\/x.com\/CoinbaseAssets\/status\/1841189113837281603\" target=\"_blank\" rel=\"noopener\">announced<\/a> it had added DEGEN to its listing roadmap.<\/p>\n<p>Per market data on CoinGecko, DEGEN skyrocketed from lows of $0.004 to near $0.012 after the news. In terms of 24-hour gains, the meme coin\u2019s price spiked more than 160%, pushing the Degen token\u2019s value to levels last seen in June this year.<\/p>\n<h2>DEGEN to list on Coinbase<\/h2>\n<p>Degen, a community token and blockchain for the decentralised social platform Farcaster, will be added to Coinbase for spot trading.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">GM Degens! Huge news\u2014$DEGEN is getting listed on Coinbase Spot trading, becoming the 4th <a href=\"https:\/\/twitter.com\/base?ref_src=twsrc%5Etfw\">@base<\/a> token. This journey\u2019s been wild, and we\u2019ve got plenty ahead. Big thanks to the Degen and Base fam for sticking with us. Let\u2019s keep building! <a href=\"https:\/\/t.co\/m9j1FcTYMs\">https:\/\/t.co\/m9j1FcTYMs<\/a><\/p>\n<p>\u2014 Degen \ud83c\udfa9 (@degentokenbase) <a href=\"https:\/\/twitter.com\/degentokenbase\/status\/1841239683323351217?ref_src=twsrc%5Etfw\">October 1, 2024<\/a><\/p>\n<\/blockquote>\n<p>Coinbase unveiled its listing roadmap in July 2022, noting the move to be a way of ensuring transparency. The exchange also uses this to prevent front-running, with only assets Coinbase has decided to list now added to the roadmap.<\/p>\n<p>Degen launched as a reward token for the community on Farcaster.<\/p>\n<p>While its adoption as a meme coin helped create a strong user base, the project has increasingly attracted fresh interest amid rising developer activity and content creation.<\/p>\n<p>The DEGEN token currently trades on platforms such as OKX, Bybit, KuCoin and Gate.io among others. Its price has increased by more than 330% over the past 30 days. However, it remains significantly off its all-time high above $0.064 reached in March 2024.<\/p>\n<figure id=\"attachment_235266\" aria-describedby=\"caption-attachment-235266\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"wp-image-235266 size-full\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2024\/10\/degen-price-chart-coinmarketcap.png\" alt=\"\" width=\"1200\" height=\"800\"\/><figcaption id=\"caption-attachment-235266\" class=\"wp-caption-text\">Degen (DEGEN) token price chart on CoinMarketCap<\/figcaption><\/figure>\n<h2>Coinbase to also list io.net<\/h2>\n<p>io.net (IO) is the other token that Coinbase has announced trading support for with its addition to the roadmap. However, while DEGEN rose sharply, IO traded lower alongside other cryptocurrencies amid the <a href=\"https:\/\/coinjournal.net\/news\/crypto-market-on-a-free-fall-as-iran-launches-missiles-into-israel\/\">geopolitical uncertainty in the Middle East<\/a>.<\/p>\n<p>The io.net is a decentralised AI computing platform built on <a href=\"https:\/\/coinjournal.net\/news\/tag\/solana\/\">Solana<\/a>.<\/p>\n<p>While the IO price is down 14% in the past 24 hours, it\u2019s largely bullish after rallying over the past month. Currently, its price is over 25% higher in the past 30 days, with most of the gains coming in late September after io.net announced a <a href=\"https:\/\/coinjournal.net\/news\/gpu-cloud-network-io-net-partners-with-phala-network\/\">partnership with Phala Network<\/a>.<\/p>\n<p>IO price hovered around $1.78.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/degen-surges-160-after-coinbase-adds-token-to-listing-roadmap\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Degen rose by more than 160% in 24 hours after Coinbase announced trading support for the Base token. io.net token will also list on Coinbase, but its price fell amid a crypto downturn on geopolitical events. Degen (DEGEN) rose sharply after [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":38807,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/38806"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=38806"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/38806\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/38807"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=38806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=38806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=38806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}