Coinbase has officially announced it will list three new cryptocurrencies on June 12 at 9 AM PT: PancakeSwap (CAKE), Subsquid (SQD), and Fartcoin (FARTCOIN). These listings span the Ethereum, Solana, and Arbitrum networks, respectively, broadening access to fresh investment opportunities for its users in supported regions.
PancakeSwap, a decentralized exchange operating on the BNB Smart Chain, will be available as an ERC-20 token on the Ethereum network for Coinbase users, enabling trading, buying, selling, sending, receiving, and storing.
Subsquid’s SQD token, powering an open database network for AI agents, especially popular among Web3 AI developers, is set to be supported only on the Arbitrum network. The announcement coincided with SQD reaching an all-time high, fueled by excitement around the upcoming listing.
Fartcoin, a meme coin on the Solana network (SPL token), experienced notable price volatility following its inclusion on Coinbase’s listing roadmap less than a week ago. Users are cautioned not to transfer Fartcoin via non-Solana networks to avoid permanent loss.
While CAKE showed stable price performance with a slight dip prior to listing, both Fartcoin and Subsquid demonstrated significant daily gains of approximately 6.3% and 6.5%, respectively. Coinbase’s listing of these diverse tokens – a DEX token, an AI-focused token, and a meme coin – is expected to bring increased volatility and trading volume tomorrow.
The exchange also reminded users to verify asset availability in their jurisdictions before trading, as support may vary by region.