Later this week Aevo, Ethena, and Etherfi will begin trading on Coinbase after the company recently announced the listing of the up-and-coming cryptocurrencies. In a post on X (formerly Twitter), the company announced the trio will be added to its international platforms on May 2.
Ethena, the most notable of the three has seen its value fall in recent weeks. Especially after it reached a record high of $1.52 on April 11. The stablecoin, backed entirely by Ethereum and Ether derivatives, launched on April 2, following a $14 million funding round earlier this year.
Coinbase Listing Announcements
Coinbase stated, “@CoinbaseIntExch will add support for Aevo, Ethena, and Etherfi perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our AEVO-PERP, ENA-PERP, and ETHFI-PERP markets will begin on or after 9:30 am UTC on 2 MAY 2024.”
The post from Coinbase came hours after the centralized exchange (CEX) also confirmed the listing of Dogwifhat ($WIF) perpetual futures. The price failed to make any significant gains following the news.
This was a similar story for Aevo, Ethena, and Etherfi. Specifically, all three had mostly consolidated ahead of their debut on the exchange on May 2. Aevo, which launched in March 2024, has drastically fallen from its peak of $4.46 and is currently trading at $1.48. Etherna has faced similar volatility, with its price falling on the news, and is down $0.12 since the announcement.
Etherfi has been the only notable gainer since the confirmation of its addition to Coinbase. Indeed, it is up by as much as 8% since the news broke. Etherefi is the second-largest of the three new-listed coins, with a current value of $512 million. This is behind Ethena which has a cap of $1.1 billion.
Overall, markets are likely consolidating ahead of the start of trading, when an influx of new traders could likely drive up the price. Coinbase has close to 60 million registered customers worldwide.
What Other Coins Could Be Listed on Coinbase Soon?
Now that Coinbase has confirmed the addition of Aevo, Ethena, and Etherfi, many are wondering what other coins could soon be listed on the exchange. Three potential contenders are Dogeverse, Mega Dice, and Wiener Dog.
Dogeverse (DOGEVERSE)
Dogeverse is a multi-chain new meme coin that has already raised a huge $12.3 million USDT during the first few weeks of its presale, indicating huge investor confidence. It is the first meme coin to be operating on six blockchains. These include Solana, Ethereum, BNB, Avalanche, and Polygon.
A significant part of its early appeal to investors is the rewards it offers to stakers. At present, it offers an annual percentage yield (APY) of 90%, with issuance occurring at a rate of 6088 $DOGEVERSE tokens per Ethereum block. Out of its total supply of 200,000,000,000 tokens, 17,727,423,301 have already been staked by holders looking to earn rewards.
As the presale nears completion, hopes are high that Dogeverse could be the next big dog meme coin, following the recent explosions of the likes of Dogwifhat.
Mega Dice (DICE)
Mega Dice token is another possible listing on Coinbase in the coming months. Its presale launched earlier this month, and has already raised nearly $600,000. The GameFi coin is the native token of the Mega Dice crypto casino, which has over 50,000 players.
Operating on Solana, Ethereum, and BNB Chain, DICE 8,616,718 of the 14,700,000 tokens allocated to its presale. In addition to using its token to power the casino ecosystem, daily rewards are offered to players to maintain their engagement. It is also offering a $750,000 airdrop to those who qualify by hitting a wager volume of $5,000 within 21 days.
DICE could be primed to list on top exchanges later this year, which it hopes will increase its pool of investors and players. After this, the next stage will be to seek a centralized solution, with Coinbase as the top exchange on the list.
Wiener AI (WAI)
WienerAI is a meme token with a fun play on AI that has viral potential. Also currently at presale stage, it’s raised $500k despite just getting started. It has done this by offering sizable staking rewards of 1419% APY to early adopters.
At present, 68% of acquired tokens have been staked, totaling 729,752,997. From this, it has issued rewards of 564,150,004 $WAI tokens, which are currently priced at $0.000702. In total, there are 69 billion tokens, 30% of which were made available for the presale.
20% is going to community rewards, and a further 20% has been put towards staking incentives. The remaining tokens are going towards marketing (20%) and listing on both CEX and DEX platforms (10%).