Coinbase to Launch Mamo (MAMO) Trading on Base Network August 6

Generated by AI AgentCoin World
Wednesday, Aug 6, 2025 3:48 am ET1min read
Aime RobotAime Summary

- Coinbase to launch MAMO trading on Base network on August 6, 2025, with MAMO-USD pair.

- MAMO will operate exclusively on Base to prevent fund loss during transfers.

- Integration aligns with Coinbase's cautious strategy of gradual asset introduction.

- MAMO's 90-day price surge and recent 24-hour decline highlight market volatility.

- Analysts note potential liquidity gains but caution on post-launch regulatory risks.

Coinbase, Inc. has announced that it will begin supporting the Mamo token (MAMO) on its Base network, with trading expected to commence on August 6, 2025, at 9:00 AM Pacific Time, contingent on liquidity conditions [1]. The addition of MAMO will include the introduction of the MAMO-USD trading pair, and the token will exclusively operate on the Base network to prevent potential fund loss during transfers [1].

The integration of MAMO into Coinbase’s ecosystem is anticipated to influence liquidity and market accessibility, particularly for transactions on Layer-2 solutions. This step aligns with Coinbase’s strategy of gradually introducing new assets while maintaining a cautious and controlled approach [1]. Phased trading will begin with the MAMO-USD pair, with further pairs potentially added based on market dynamics and liquidity availability.

Currently, MAMO is trading at $0.18, with a fully diluted market cap of $176.72 million. The token has seen a 14.71% increase in the past 24 hours and an impressive 1,896.35% surge over 90 days, indicating strong investor interest [1]. However, the 24-hour trading volume stands at $5.61 million, reflecting a 14.29% decline as of the announcement date.

Industry analysts suggest that Coinbase’s prior listings on the Base network, such as Friend.tech, have led to increases in total value locked (TVL) and user activity, setting a potential precedent for MAMO’s market behavior [1]. Nevertheless, the lack of public statements from Mamo’s leadership and influential figures in the cryptocurrency space has led to subdued community reactions so far. Analysts note that any official communication from Coinbase or Mamo could significantly influence investor sentiment [1].

CoinCu highlights the potential for short-term price volatility driven by initial trading momentum. Historical patterns indicate that listings on the Base network have often led to increased liquidity, but these outcomes depend heavily on post-launch regulatory and market conditions [1].

Source: [1] CoinMarketCap Community Article (https://coinmarketcap.com/community/articles/689306caab637948cc1a2296/)

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