Coinbase’s speculative gambling: New tokens spark major doubts

Coinbase launched KMNO and DOLO in its spot market on March 14, 2024, expanding its product line to address investors’ growing demand for emerging crypto assets. Due to limited historical data, these tokens are considered speculative, and their listing may increase liquidity despite regulatory uncertainty. The trading volume is moderate, and the volatility is consistent with the typical volatility of newly listed tokens. Coinbase highlights strict due diligence but also acknowledges inherent risks. Market responses vary, and their performance may be affected by overall market sentiment, regulation and project utility.