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Coinbase Users Can Now Buy and Sell Brave's Basic Attention Token

Coinbase is listing Brave's Basic Attention Token to its retail platform, 6 days after adding it to Coinbase Pro.

Updated Sep 13, 2021, 8:34 a.m. Published Nov 8, 2018, 8:30 p.m.
coinbase

Crypto exchange Coinbase is adding web browser Brave's to its retail trading platform, less than a week after listing it on Coinbase Pro.

The exchange announced Thursday that customers would be able to buy, sell, trade or otherwise transact with the token on coinbase.com, as well as its Android and iOS apps. Coinbase first said it was supporting the token on its professional trader platform Friday, making BAT the second ERC-20 token to be listed by the company, after 0x.

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That being said, not all customers can trade the token at press time. The exchange noted that "BAT will be available for customers in most jurisdictions, but will not initially be available for residents of the state of New York."

Coinbase Pro customers in the Empire State are similarly unable to trade BAT just yet.

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The price of BAT saw an immediate reaction from the market upon official word of its listing on Coinbase, including a 5 percent jump in price in just a few minutes to reach $0.39, its highest price since July 24th.

The spike was backed by $15 million of volume in a 15-minute span on the Binance exchange alone. Profit-taking quickly ensued after the initial boost and the current trading hour is recording a loss of 8 percent from the initial high.

Coinbase image via Shutterstock

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Pudgy Penguins: A New Blueprint for Tokenized Culture

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Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

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Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

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HYPE token's 30% surge is a story of crypto-traditional market convergence, treasury firm says

HYPE's price rise in candlestick format. (CoinDesk)

HYPE has surged 30%, outperforming bitcoin, ether and the CoinDesk 20 index by a big margin.

What to know:

  • Hyperliquid's HYPE token has surged more than 30% to $33, far outpacing bitcoin, ether and the broader crypto market, as trading activity on the platform accelerates.
  • The token rally represents the merging of traditional assets with the crypto world, according to Hyperion DeFi, which is a HYPE treasury company.
  • Originally a crypto perpetuals exchange, Hyperliquid has expanded into tokenized trading of equity indices, individual stocks, commodities and major fiat pairs via its HIP-3 upgrade.