Coinbase Adds AI Personal Finance Project to Listing Roadmap, Triggering Altcoin Rallies
The top US-based crypto exchange by volume, Coinbase, has announced upcoming support for a low-cap artificial intelligence (AI)-powered decentralized finance (DeFi) token.
In a recent announcement, Coinbase revealed it has
added Mamo (
MAMO) to its listing roadmap, signaling plans to list the coin for trading in the near future.
Mamo is a personal finance bot project designed to enhance user returns on interest through AI-powered tools.
According to the platform’s
whitepaper, the protocol:
- Creates calm, steady progress through thoughtful, risk-aware strategies
- Explains everything in plain language, helping you learn as you earn
- Keeps you in control. Add, pause, withdraw anytime. No lockups. No confusing rules.
- Works quietly alongside your life, not demanding center stage.
MAMO is the native token of the protocol, with a fixed supply of 1,000,000,000 tokens.
At the time of writing, MAMO is trading at $0.166, up 16.3% on the day and over 111% in the last month.
Last week, two decentralized science (DeSci) altcoins experienced price declines despite gaining Coinbase’s support. Coinbase recently announced the addition of two DeSci protocols — Bio Protocol (BIO) and ResearchCoin (RSC) — to its crypto product suite. However, following these announcements, both tokens fell in price.
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Frequently Asked Questions (FAQ)
About Coinbase Listings
Q: What does it mean when Coinbase adds a token to its listing roadmap?
A: When Coinbase adds a token to its listing roadmap, it signifies their intention to list the cryptocurrency for trading on their platform in the near future. This is often seen as a positive development for the token and can lead to increased trading volume and investor interest.
Q: Why do altcoin prices sometimes rally after a Coinbase listing announcement?
A: The announcement of a Coinbase listing can trigger altcoin rallies because Coinbase is a major and highly reputable cryptocurrency exchange. Listing on Coinbase increases a token's accessibility to a wider audience of traders and investors, which can lead to increased demand and, consequently, price appreciation.
Q: Have there been instances where altcoins that were announced for Coinbase listing have declined in price?
A: Yes, there have been instances where altcoins announced for Coinbase listings have experienced price declines afterward. This can happen for various reasons, including broader market downturns, profit-taking by early investors, or if the initial hype surrounding the listing announcement fades.
About Mamo (MAMO)
Q: What is Mamo (MAMO)?
A: Mamo is a personal finance bot project that utilizes AI-powered tools to enhance user returns on interest. Its goal is to provide simple, risk-aware strategies explained in plain language, allowing users to remain in control of their funds without lock-ups.
Q: What are the core principles of the Mamo protocol?
A: The Mamo protocol aims for calm, steady progress with risk-aware strategies, clear explanations in plain language, user control with no lock-ups, and a non-intrusive user experience.
Q: What is the total supply of MAMO tokens?
A: The MAMO token has a fixed supply of 1,000,000,000 tokens.
Crypto Market AI's Take
The news of Coinbase adding Mamo to its listing roadmap highlights a growing trend of exchanges integrating AI-powered solutions into the DeFi space. As AI becomes more sophisticated, its application in personal finance and investment management is expanding rapidly. Our platform, Crypto Market AI, leverages similar AI capabilities to provide users with advanced market intelligence and trading tools. We believe that AI-driven financial tools can significantly enhance user returns and provide a more accessible and informed trading experience. Our focus on AI agents and AI personal finance solutions aims to bring similar benefits to a broader audience within the crypto ecosystem.
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