The Wild Ride of Three New Altcoins on Coinbase-Will They Moon or Just Crash? 🚀💥

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Coinbase, that towering cathedral of crypto chaos based in the good ol’ US of A, has just tossed three new altcoins into the trading pit: Kamino (KMNO), Dolomite (DOLO), and Solayer (LAYER). Because who doesn’t need more digital money they can barely pronounce?

Unsurprisingly, these tokens enjoyed a modest little price party shortly after being announced-just enough to make early cheerleaders feel like geniuses. For about five minutes.

Coinbase Rolls Out KMNO, DOLO, and LAYER (You Can’t Make This Stuff Up)

Announced on Coinbase Markets’ official X account (because Twitter is so 2022), the exchange declared that KMNO, DOLO, and LAYER will be traded against the almighty US dollar-because apparently, altcoins need some “normal” currency to feel important.

Trading kicks off at 9:00 AM Pacific Time, give or take a few “liquidity conditions” (fancy speak for “if the market gods smile upon us”). Oh, and don’t forget local laws-because apparently crypto is only legal somewhere. Shocking.

“Kamino (KMNO) and Dolomite (DOLO) will be on Coinbase․com, the Coinbase app, and Coinbase Advanced,” the exchange reminded us as if we had a choice. “Institutions can access KMNO and DOLO directly via Coinbase Exchange,” because who else has the patience?

Here come the sacred contract addresses you definitely want to get right, or say goodbye to your precious digital cash forever:

  • Solayer (LAYER) – Solana network (SPL token): LAYER4xPpTCb3QL8S9u41EAhAX7mhBn8Q6xMTwY2Yzc
  • Kamino (KMNO) – Solana network (SPL token): KMNo3nJsBXfcpJTVhZcXLW7RmTwTt4GVFE7suUBo9sS
  • Dolomite (DOLO) – Ethereum network (ERC-20): 0x0F81001eF0A83ecCE5ccebf63EB302c70a39a654

Because nothing says “trust me” like a random alphanumeric password that kills your life savings if you typo it.

In the minutes that followed their listing, the tokens showed some modest muscle: KMNO inched up 7.02% (from $0.057 to $0.061), DOLO climbed 8.33%, and LAYER soared a staggering 9.43%. If you squint, that looks like a rocket 🚀-but with a few leaks in the fuel tank.

Altcoin price surge graph

But as every crypto enthusiast knows, volatility is the spice of life. Right after the chart sang sweet songs of gains:

KMNO settled slightly up, cruising at $0.059. LAYER kept the mood alive with a steady 3% increase. Meanwhile, DOLO threw a tantrum and dropped below its starting line, wiping out all those gains faster than you can say “HODL.”

Classic Coinbase effect: initial fireworks followed by a quick reminder that altcoins are mostly just digital fireworks.

How Does a Token Make it onto Coinbase’s VIP List Anyway?

In a rare moment of transparency (or PR velocity), Coinbase addressed the mysterious alchemy behind listing new tokens.

“We hear you-our listing process sometimes feels like deciphering ancient hieroglyphs. We want to do better. So here’s what actually happens…”

Turns out, applying is free (hallelujah) and judged on equal footing, though timelines can be as quick as a turbocharged sports car or as sluggish as Monday morning traffic. The faster listings happen mostly when tokens behave and have their paperwork in order-governance, tokenomics, and all that jazz.

Coinbase outlined a checklist spanning business demand, legal red tape, and “technical security” (read: don’t hack us), followed by a tedious integration dance everyone pretends to enjoy.

“From review to market, most tokens take less than 30 days,” the blog states. However, tokens on familiar networks like Ethereum or Solana fly through faster, while those from obscure blockchains get stuck in crypto purgatory forever.

The listing comes in phases: first deposits, then limit-only trading, auctions, and finally full-on free-for-all action-ensuring nobody accidentally blows up the market before they know what hit them.

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2025-09-11 09:03