Coinbase has been going through its fair share of struggles lately. It was a surprise to many when the SEC announced a lawsuit against the exchange last month. Many expected the SEC were ready to drop the hammer on some exchanges and crypto projects but Coinbase is known as the most legitimate exchange across the market so it was a surprise.
That being said in their case it is innocent until proven guilty. Coinbase is fighting and fighting hard as they have counter-sued the SEC and are adamant they did nothing wrong. They are even looking into moving their headquarters from the USA if things don’t go their way.
The SEC lawsuit involves Coinbase listing a number of altcoins that they consider securities. This could lead to huge gaps in the Coinbase exchange so it is the perfect time to get in behind some projects that are rumored to be in consideration for listing in the near future.
Let’s look at the top 7.
Wall Street Memes- Possibly the number one meme coin in waiting
The crypto world is abuzz with expectations about the new meme coin on the block Wall Street Memes ($WSM).
The presale has already raised over $15 million and it is a testament to the faith in the project that we are only now reaching the halfway point.
This faith comes from the fact that the meme coin already has a huge following thanks to the Wall Street Memes brand which has over 1 million followers across its social media channels. Community is a huge factor in meme coin’s ability to pump and coming to the party with one already the size of theirs gives $WSM a chance at taking the number 1 meme coin title.
Mr. Hankey- This is one shitcoin you won’t want to flush
The next project that we think Coinbase will be taking a long hard look at is Mr Hankey (HANKEY). This project had the hype building before the presale even began and it really delivered. It sold out in under 10 hours(!) and the listings began on Friday which will really build on the momentum created.
The comedic shitcoin that is literally a shitcoin is based on a character from the cult classic South Park. They have really leaned into their shitty nature too as the site is filled with puns and they realize humor is a big part of building a community. Look out for this one as it is already picking up momentum.
Thug Life Token- A coin for investors that have been burnt before
The great thing about Thug Life Token (THUG) is how honest it is about its motto and what it stands for. There are too many projects nowadays that are very shady and vague about what they do so we appreciate projects like THUG and we think the market will too.
The project just wants to build a community based on humor and brotherhood on the back of the ‘thuggin’ lifestyle that came to popularity in the 80s and the 90s thanks to Snoop Dogg and other rappers. They want to be a coin for those that have been scammed before and left with the bag as they promise to do no such thing, which we know Coinbase will be appreciative of considering their strict rules.
yPredict- The trading platform of the future
A lot has been made of AI’s effect on the crypto market so far as traders use it for predictions and projects use it for innovation. No project seems to have harnessed it better than yPredict (YPRED) and we believe Coinbase will have noticed this too.
They claim they will have the top 1% of AI developers on their site along with their best trading strategies. Investors will be able to buy subscriptions to their favorite algorithms to get an edge on the market. Over 20,000 are already on the waiting list so watch this space.
Launchpad XYZ- Everything you need on Web 3.0
Coinbase is known for seeking out projects with innovation so that’s why we think they will be keeping an eye out on Launchpad XYZ (LPX). The platform has noticed that everything in crypto seems to be Web 3.0 oriented but there is nowhere to go for a breakdown of what it all means.
They hope to be your first and last stop for everything Web 3.0. Their aim is to onboard the next 10 million users onto the technology. Even if they only reach a small percentage of this goal you can guarantee it will mean big profits for early investors.
Chimpzee- The crypto aiming to save the rainforests
Green cryptos will likely feature heavily on Coinbase in the future as projects realize the market is only going and regulation could force crypto to be much more eco-friendly. Projects like Chimpzee (CHIMPZ) that seem solely dedicated to saving aspects of the environment will certainly be on Coinbases radar.
Not only does the project guarantee 10% of the value of its tokens will go to charities aiming to conserve the rainforest but a share of the profits will too. We expect those profits to be fat too as for the first time ever an ecosystem will give users a choice between Shop2Earn, Tarde2Earn, and Play2Earn. Expect this presale to take off very soon.
Pikamoon- A P2E game that could win over traditional gamers
Blockchain gaming is becoming more and more popular but realistically it is even yet to make a dent in the traditional gaming market. That is why P2E games like Pikamoon (PIKA) are the smartest innovations of games yet.
Not only is the game excellent in its own right but it is also heavily based on the hugely popular traditional gaming franchise Pokemon. These kinds of games are likely to be the first ones traditional gamers try in the blockchain universe due to familiarity so it gives Pikamoon a huge scope for growth.
Conclusion
It is a difficult time for Coinbase at the moment with a lot of turmoil surrounding the exchange. However, as we know in crypto every door closing opens a window and some new projects could be willing to capitalize on spaces opening up on the exchange. The 7 we have discussed all have the properties coinbase looks for in new projects so get on board now before the coinbase pump once they are listed.