Coinbase has announced the initiation of support for Mamo (MAMO) on its Base network, expected to commence trading on August 6, 2025, pending liquidity conditions.
Coinbase's Strategic Launch of Mamo on Base Network
Coinbase confirmed support for Mamo (MAMO) on its Base network, with a trading start date of August 6, 2025, pending adequate liquidity. The trading will begin with the MAMO-USD pair, indicating a phased approach to asset introduction that aims to control risks associated with fund transfers.
Market Outlook for Mamo Following the Listing
According to CoinMarketCap, Mamo's price is $0.18, with a fully diluted market cap of $176.72 million. Recent gains of 14.71% in 24 hours indicate substantial investor interest. However, the 24-hour trading volume remains at $5.61 million, down by 14.29% as of August 6, 2025.
Community Response and Market Impact
Community responses to this announcement have been relatively muted, as there have been no official statements from either Mamo's leadership or prominent figures in the cryptocurrency industry. Market analysts expect both positive and negative effects stemming from this integration in the future.
The launch of Mamo on the Coinbase platform could significantly impact liquidity and trading dynamics in the cryptocurrency space, especially within Layer-2 solutions. Traders and investors are likely to monitor the situation closely.
