Next coin listed on Coinbase?

Name: Next coin listed on Coinbase?
Start: 2024-11-18T20:55:28.142Z
End: 2024-12-31T12:00:00.000Z
Location: Polymarket

This is a market group over which of the following coins will be listed on Coinbase for spot trading before any of the others.

Event Details

Total Volume: $222.8K

24h Volume: $18.6K

Total Liquidity: $70.5K

Markets: 9

Event Ends: 12/31/2024

Event Analysis

Summary

This prediction market focuses on which cryptocurrency will be listed next for spot trading on Coinbase, with multiple competing tokens in consideration. The market currently shows varying degrees of confidence, with POPCAT and Pnut having the highest probabilities (~18-19%) while most other options are considered unlikely. Based on historical patterns and Coinbase's listing criteria, the key factors influencing this market include regulatory compliance, market capitalization, trading volume, and technological innovation. The search results indicate that Coinbase has recently added several tokens to their roadmap, including Core (CORECHAIN), Gravity (G), and Hivemapper (HONEY), suggesting an active listing pipeline.

Analysis

Economic Background

The crypto market has shown strong recovery in 2023-2024, with Bitcoin reaching new highs
Institutional interest is growing, particularly with anticipated spot Bitcoin ETF approvals
Coinbase's revenue is expected to double according to Bitwise predictions

Analysis of Individual Tokens

Higher Probability Candidates:

POPCAT (18.5%):
- Relatively high market confidence
- Limited information in search results about fundamentals
Pnut (18.9%):
- Similar confidence level to POPCAT
- No specific catalysts mentioned in sources

Lower Probability Candidates:

MOG (10.3%) & GOAT (9.8%):
- Moderate market confidence
- Limited regulatory clarity or institutional backing
Other Tokens (<5%):
- MOODENG, NEIRO, FWOG, BITCOIN
- Very low market confidence
- Lack of supporting evidence in sources

Key Factors to Watch

Regulatory Compliance
- Increasing SEC scrutiny of crypto listings
- Coinbase's focus on compliance evidenced by Dutch regulatory approval
Market Performance
- Trading volume and liquidity metrics
- Market capitalization growth
Technical Integration
- Blockchain compatibility
- Smart contract capabilities
Institutional Interest
- Professional trading volume
- Institutional partnerships

Recent Developments

Coinbase has added multiple assets to their roadmap
Growing focus on Layer 2 solutions and DeFi innovations
Increased institutional adoption of crypto assets

Prediction

Based on the available evidence, I predict that none of the listed tokens will be the next listing on Coinbase (39.5% probability). The high uncertainty and limited information about most candidates suggest Coinbase may choose a different token altogether. Among the listed options, POPCAT and Pnut show the highest probability but still face significant hurdles.

Will none of the named coins be listed on Coinbase in 2024?

Yes:39.5%

No:60.5%

Will $POPCAT be listed first on Coinbase?

Yes:18.5%

No:81.5%

Will $Pnut be listed first on Coinbase?

Yes:18.9%

No:81.1%

Confidence: 7/10

Reasoning Score: 6/10

Sources

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