Leading crypto exchange Coinbase has announced that it will list three new tokens tomorrow: PancakeSwap (CAKE), Subsquid (SQD), and Fartcoin. Trading for these pairs will officially open at 9 AM PT.
Following the announcement, all three tokens recorded notable gains, with Fartcoin leading the surge and SQD reaching a new all-time high. The listing on Coinbase is expected to bring significant volatility to these markets tomorrow.
Details on Coinbase’s New Token Listings
As one of the largest exchanges globally, every new token listing on Coinbase often sparks excitement across the market, and this time is no exception.
Just under a week ago, Coinbase added Fartcoin and SQD to its listing roadmap, which triggered impressive price rallies for both tokens. Now, the official listing confirmation has fueled further momentum across all three assets.
PancakeSwap (CAKE), a decentralized exchange operating on the BNB Smart Chain, has already shown solid performance recently. Although the CAKE token had previously lagged behind the growth of its own platform, the past few days have seen a strong rebound. However, compared to the other two tokens, CAKE’s price reaction to today’s announcement has been more subdued.
Fartcoin — a controversial meme coin — suffered a sharp decline earlier this June after nearly hitting new highs the previous month. Simply being added to Coinbase’s roadmap was enough to spark fresh buying interest. Over the past 24 hours, Fartcoin has climbed another 6%, strengthening its recovery.
Subsquid (SQD), on the other hand, appears to have benefited the most. Launched over a year ago, SQD powers an open database network designed for AI agents within the Web3 space. The Subsquid platform has been attracting increasing attention from decentralized AI developers. Following Coinbase’s announcement, SQD reached a new all-time high today.
Although these three tokens represent very different sectors — from decentralized exchanges to meme coins and AI databases — Coinbase’s listing confirmation has provided a strong boost for all of them. Traders should closely monitor these assets, as tomorrow’s listing could trigger sharp market movements once trading officially opens.