Coinbase Officially Includes TokenBot (CLANKER) in Its Roadmap

This move resulted in a notable 90% increase in the token's value. The announcement follows the exchange's recent listing of Bittensor (TAO).

Coinbase has officially included TokenBot (CLANKER) in its roadmap, a move that led to a 90% increase in the token's value.

The announcement comes after the exchange recently listed Bittensor (TAO), which also experienced double-digit gains.

CLANKER is now listed alongside other assets on Coinbase's roadmap, including QCAD (QCAD), Morpho Token (MORPHO), and Pyth Network (PYTH).

Despite its small market cap, this addition is significant as Coinbase's Asset Listings guidelines stipulate that all tokens on the platform must meet a set of legal, compliance, and technical security standards.

These standards, according to the exchange, do not consider an asset's market cap or popularity.

Priced at $35 million before the news, CLANKER's market capitalization surged to $66 million following Coinbase's announcement. Notably, the token also became the top gainer among artificial intelligence (AI) coins, registering a 90% gain in the last 24 hours.

At press time, CLANKER was trading at $66.

According to CoinGecko, the token's price increased by 125% over the last seven days, outpacing the global cryptocurrency market, which rose by 0.4%. CLANKER also outperformed other AI-related cryptocurrencies, which saw an average decline of -3.7% during the same period.

Beyond price action, CLANKER's platform is also gaining traction. Clanker enables creators to deploy and manage their own tokens on the Base blockchain, specifically utilizing ERC-20 tokens.

The platform incentivizes creators by rewarding them based on the trading volume of their issued tokens. It functions similarly to Pump.fun, offering easy token creation and management.

Data from Dune Analytics shows that the platform has seen significant engagement. At press time, the cumulative volume of tokens on Clanker stood at $1.5 billion. The platform has also attracted a total of 131,356 traders, highlighting its growing adoption and market activity.