Analysis

Coinbase Adds AI Personal Finance Project to Listing Roadmap, Triggering Altcoin Rallies

The highest US-based crypto trade by quantity is saying upcoming assist for a low-cap synthetic intelligence (AI)-powered decentralized finance (DeFi) token.

In a brand new announcement, Coinbase says that it has added Mamo (MAMO) to its itemizing roadmap, indicating plans to record the coin for buying and selling sooner or later.

Mamo is a private finance bot mission that goals to spice up person return on curiosity by instruments powered by AI.

In keeping with the platform’s whitepaper, the protocol:

“Creates calm, regular progress by considerate, risk-aware methods

Explains all the things in plain language, serving to you be taught as you earn

Retains you in management. Add, pause, withdraw anytime. No lockups. No complicated guidelines.

Works quietly alongside your life, not demanding heart stage.”

MAMO is the native token of the protocol. The MAMO provide is fastened at 1,000,000,000 tokens.

Supply: Mamo/Medium

MAMO is buying and selling for $0.166 at time of writing, up 16.3% on the day and over 111% within the final month.

Final week, two decentralized science altcoins faltered after gaining assist from the highest US-based crypto trade platform by quantity, Coinbase.

In a publish on the social media platform X, Coinbase additionally just lately announced the addition of two decentralized science (DeSci) protocols – Bio Protocol (BIO) and ResearchCoin (RSC) – to its suite of crypto merchandise.

Following the bulletins, the tokens each fell in value.

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