Coinbase Greenlights Fartcoin and Subsquid—Traders Rush In as Prices Pop
Another day, another crypto listing hype cycle. Coinbase just added two fresh tokens—Fartcoin and Subsquid—to its roadmap, and the market reacted like it always does: with knee-jerk buys.
Fartcoin (yes, that’s the real name) and Subsquid, a decentralized data project, saw immediate price bumps after the announcement. Because nothing says 'sound investment' like a coin named after bodily functions and an exchange’s stamp of approval.
Will these assets deliver long-term value? Unclear. But for now, traders are riding the wave—because in crypto, momentum is the only fundamental that matters.
FARTCOIN and SQD Join Coinbase’s Listing Roadmap
Fartcoin is a meme-inspired token operating on the Solana (SOL) network. Subsquid is a decentralized data lake and query engine on Arbitrum (ARB). They both join a growing list of assets under consideration for trading on Coinbase’s platform.
The exchange clarified that the tokens are not yet available for trading. The launch will depend on market-making support and appropriate technical infrastructure. Once these conditions are met, further announcements will follow.
“The Solana network (SPL token) contract address for Fartcoin (FARTCOIN) is 9BB6NFEcjBCtnNLFko2FqVQBq8HHM13kCyYcdQbgpump. The Arbitrum contract address for Subsquid (SQD) is 0x1337420dED5ADb9980CFc35f8f2B054ea86f8aB1,” Coinbase posted.
Coinbase’s support triggered a notable market response for FARTCOIN. It surged by approximately 14% before experiencing a correction. At the time of writing, the meme coin was trading at $1.04, reflecting a 9.8% increase.
The token’s 24-hour trading volume reached $411 million, marking a significant 100.3% rise compared to the previous day. This surge in activity has also propelled FARTCOIN to the number six spot among trending cryptocurrencies on CoinGecko, highlighting its growing visibility in the market.
SQD, on the other hand, experienced a more modest uptick, climbing 9% post-Coinbase’s move. After a slight correction, SQD was priced at $0.20 at press time, maintaining a 6.1% gain.
This development follows Coinbase’s recent roadmap inclusion of PancakeSwap (CAKE), the native token of BNB Chain’s largest decentralized exchange (DEX). CAKE initially rose 5.8% after the news but has since declined. According to the latest data, it was trading at $2.2, representing a decline of 6.8%.
The pattern of initial gains followed by corrections mirrors previous roadmap listings, such as that of Ethena (ENA). BeInCrypto reported that the exchange added the altcoin earlier this week. An official listing swiftly followed this.
“Trading will begin on or after 9AM PT on 5 June, 2025, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our ENA-USD trading pair will launch in phases. Support for ENA may be restricted in some supported jurisdictions,” the exchange announced.
The decision underlines Coinbase’s ongoing efforts to expand its offerings amid increasing demand for alternative cryptocurrencies.
