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Home»ALTCOIN NEWS»Memecoin, built on Ethereum Layer-2 Scaler, soars nearly 128% after being added to Coinbase’s listing roadmap
ALTCOIN NEWS

Memecoin, built on Ethereum Layer-2 Scaler, soars nearly 128% after being added to Coinbase’s listing roadmap

By Crypto FlexsOctober 4, 20242 Mins Read
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Memecoin, built on Ethereum Layer-2 Scaler, soars nearly 128% after being added to Coinbase’s listing roadmap
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Memecoin, built on Ethereum (ETH) layer 2 scaling solution Base, is up nearly 128% in the last 24 hours after being added to Coinbase’s listing roadmap.

Degen (DEGEN) is trading at $0.009 at the time of this writing, up from about $0.004 a day ago.

Memecoin, launched on Base last January, serves as the reward token for Farcaster, a blockchain protocol for building social networks. The project aims to reward users of the Farcaster ecosystem for “publishing high-quality content” and provide the ability to bridge “the gap between online contributions and real-world value.”

Coinbase has also added Solana (SOL)-based altcoin IO to its listing roadmap, presenting a potential path for the token to be traded on America’s leading cryptocurrency exchange.

Io.net is a distributed AI computing network that gives machine learning engineers access to distributed cloud clusters at a lower cost. The purpose is to solve the problems of traditional cloud service providers, which lack capacity, causing problems such as high costs and long latency to access hardware through cloud services.

Unlike DEGEN, IO did not make any profit. The 299th-largest cryptocurrency asset by market cap is down 0.6% in the last 24 hours and down more than 17% over the past week. This token is trading at $1.75 at the time of this writing.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may suffer. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

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