Coinbase and Robinhood Unveil 8 New Altcoins That Might Make Your Wallet Smile (Or Cry!)

Hold on to your hats, crypto enthusiasts! Coinbase and Robinhood just shook up the digital asset world with the addition of eight new altcoins. It’s like a digital carnival where the rides are volatile and the prizes are… questionable?

Coinbase decided to spice things up with some fresh listings, including Mamo (MAMO), Euler (EUL), Succinct (PROVE), and Towns Protocol (TOWNS). Meanwhile, Robinhood, not to be outdone, joined the altcoin party by introducing Bonk (BONK), Pudgy Penguins (PENGU), Peanut the Squirrel (PNUT), and Stellar (XLM) on their Robinhood Legend platform. Who knew altcoins could be so… adorable?

Coinbase Drops 4 New Altcoins Like They’re Hot

In a flurry of social media activity (on X, for those of you still calling it Twitter), Coinbase let us know that it’s bringing MAMO and EUL to the trading floor. The trading for these tokens kicks off at precisely 9 AM Pacific Time (PT) – because timing is everything, right?

According to Coinbase, the EUL-USD and MAMO-USD pairs are being launched in phases – because let’s face it, crypto never does anything in a straight line.

And just when you thought that was all, Coinbase also introduced two “Experimental” tokens: PROVE and TOWNS. These bad boys are available on their website and mobile apps, and of course, they’ve also been listed on Binance. Let’s just hope they don’t prove to be too experimental for the market.

Meanwhile, crypto prices are doing their usual dance. MAMO went up by a nifty 22.88%, rising from $0.153 to $0.188, though it had to settle at $0.172. As for EUL, it gained a modest 11.12% before it fell into the pit of “what-just-happened” with a price of $11.06.

PROVE seems to be playing it cool with a steady 94.12% increase. TOWNS, however, is on a bit of a roller coaster with a 6.8% gain. Ah, the thrill of crypto!

Oh, and for those wondering, Coinbase has added dYdX (COSMOSDYDX) to its list of upcoming tokens. They promise it’s part of a “strategic expansion” for the altcoin ecosystem. What a tease.

“The launch of trading for these assets depends on market-making support, technical infrastructure, and, of course, the fickle crypto gods. We’ll let you know when it’s ready,” Coinbase said. Ah, the suspense!

Robinhood Gets Cozy with BONK, PENGU, PNUT, and XLM

Over in Robinhood land, four new altcoins have been added to their “Legend” platform, making everything sound just a little bit more magical. So, what are we trading now? BONK, PENGU, PNUT, and XLM. I mean, come on, who could resist a squirrel with a peanut for a name?

“BONK, PENGU, PNUT, and XLM are now live on Robinhood Legend. Go nuts!” Robinhood proudly declared.

But wait – before you rush to buy, let’s talk about the market reaction. Spoiler alert: It wasn’t exactly a fireworks show. BONK dropped 3.95%, PENGU slid down by 2.76%, PNUT was down 1.10%, and XLM slipped 2.17%. Looks like the market’s been hit with a little bit of a correction.

Don’t panic though! This dip is part of a bigger market trend, with total market capitalization dropping by 1.64% in the past day. So, just another day in the life of a crypto trader – hold on tight!

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2025-08-06 09:07