Coinbase Adds 2 New Altcoins… Or Is It a Trap? 🤔

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Coinbase, the crypto exchange that’s basically the Wall Street of the internet, just added two more altcoins to their list. Because who doesn’t want to trade tokens that might be worth nothing tomorrow? 🎉

The listing highlights Coinbase’s ongoing efforts to expand its range of crypto assets in an increasingly competitive market. However, the move comes as MET faces heightened scrutiny following its recent airdrop and an ongoing lawsuit involving the project’s founder. Because nothing says “trust us” like a legal battle and a mysterious airdrop. 🕵️‍♀️

New Listings: Coinbase Launches APR and MET Trading

According to Coinbase Markets, trading for APR and MET officially began on October 23. Both tokens are now live on Coinbase.com, the Coinbase mobile app, and Coinbase Advanced. Meanwhile, institutional investors can access them directly through Coinbase Exchange. Region-based trading restrictions remain in place, consistent with Coinbase’s compliance approach. Because nothing says “we’re not responsible” like a 0x5a96… address. 💸

“Limit orders can be placed and canceled, and matches may occur. Market orders cannot be submitted,” Coinbase added after the trading began. Because who needs market orders when you can just stare at your screen and hope for the best? 🤷‍♀️

The exchange also reminded users to verify the correct network before initiating any transfers. It provided the official contract addresses for both tokens:

  • aPriori (APR) operates on the Ethereum network (ERC-20) under the address 0x5a9610919f5e81183823a2be4bd1beb2b4da2a20. 🏦
  • Meteora (MET) runs on the Solana network (SPL) with the address METvsvVRapdj9cFLzq4Tr43xK4tAjQfwX76z3n6mWQL. 🚀

Notably, both assets are new additions to the crypto market, having debuted just yesterday. APR powers the aPriori network. It is a liquid staking platform on Monad that uses MEV strategies to enhance user rewards. The token was also featured on Binance Alpha and is available to trade on several decentralized exchanges. Since its launch, APR’s value has climbed 92.8%, marking a strong initial performance. At the time of writing, the altcoin traded at $0.61. Because nothing says “solid investment” like a 92.8% increase. 💸

Meanwhile, MET is the native token of Meteora, a decentralized liquidity protocol built on the Solana blockchain. Its key products include the Dynamic Liquidity Market Maker (DLMM), Dynamic Automated Market Maker v1 and v2 (DAMM), and the Dynamic Bonding Curve (DBC). In addition to Coinbase, the altcoin has secured listings on Bybit, Gate.io, OKX, and KuCoin. Despite the attention, its price has shown volatility, falling 15% since entering the market. At press time, MET’s trading price stood at $0.58. Because nothing says “stability” like a 15% crash. 🚀

Beyond price fluctuations, the project has also attracted criticism due to its airdrop allocation. BeInCrypto reported that wallets associated with TRUMP meme-coin insiders collectively received about $4.2 million in MET tokens during the airdrop, which were later transferred to OKX. Because if you’re going to be a meme, at least make it rich. 🚨

Moreover, Meteora founder Benjamin Chow is named in a class-action lawsuit alleging misconduct linked to earlier meme-coin projects such as LIBRA and MELANIA. Because if you’re going to create a token, maybe don’t also create a legal nightmare. 🧠

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2025-10-24 08:27