Coinbase Makes Surprising Inclusion in Roadmap, Resulting in 90% Surge for CLANKER Token
In an unexpected move, Coinbase has officially added TokenBot (CLANKER) to its roadmap, causing a significant 90% surge in the token's value.
This announcement comes on the heels of the recent listing of Bittensor (TAO), which also saw impressive double-digit gains.
CLANKER now stands alongside assets like QCAD (QCAD), Morpho Token (MORPHO), and Pyth Network (PYTH) on Coinbase's roadmap.
Despite its relatively modest market cap, this addition marks a major milestone for the token. Coinbase's rigorous standards mandate that all listed tokens adhere to stringent legal, compliance, and technical security requirements.
These standards ensure that only assets with robust infrastructure and best practices are accessible to Coinbase users, irrespective of project popularity or market cap.
Before the news, CLANKER was valued at just $35 million. Following the Coinbase announcement, its market capitalization soared to $66 million. Notably, CLANKER emerged as the top performer among artificial intelligence (AI) coins, boasting a remarkable 90% growth in the past 24 hours and currently trading at $66.
According to CoinGecko, the token's price surged by 125% over the last week, significantly outpacing the overall global cryptocurrency market increase of only 0.4%.
Moreover, while other AI-related cryptocurrencies experienced an average decline of -3.7% during the same period, CLANKER continued its impressive upward trajectory.
In addition to its price surge, the Clanker token platform itself is gaining significant attention. Clanker allows creators to deploy and manage their tokens on the Base blockchain, specifically utilizing ERC-20 tokens.
By rewarding creators based on the trading volume of their issued tokens, Clanker incentivizes participation and mirrors the functions of Pump.fun, offering a seamless experience for token creation and management.
Data from Dune Analytics reveals substantial engagement on the platform, with cumulative token volume on Clanker reaching $1.5 billion. Moreover, there are currently 131,356 active traders on the platform, signaling a growing adoption rate and increased market activity.
Exciting times lie ahead for CLANKER as it continues to capture the attention of both investors and creators within the cryptocurrency landscape.