Coinbase Token Listings 2024: A Profitable Investment Guide for Smart Investors

According to Coinmarketcap's latest data, Binance is the #1 cryptocurrency exchange in the world based on trading volume.  But in the last few weeks, Binance faced a major outflow in the user funds and trust as its former CEO CZ felt guilty for money laundering and resigned from his role.  As the world's largest exchange got this kind of negative, many users switched their funds to other exchanges.  On the other side, Coinbase which is the #2 exchange's share value increased over time.

So if you wanna make money out of cryptocurrencies in 2024, focusing on new listings in the Coinbase exchange will be a great option.  Many new projects launched in 2023 in the crypto world skyrocketed to the moon, which made some profits for the investors.  That is the reason why this piece was written.  In this blog, we will look into the details of new listings that are going to happen in 2024 in the Coinbase exchange, why it will be profitable for the investors, and some strategies.          

What Influences Coinbase Token Listings?

1. What People Want:

Coinbase looks at what users want before adding a new coin. They like coins with a strong community, real uses, and cool features.

1. Following the Rules:

Coinbase adds coins that follow the rules. This is important because it keeps things safe and trustworthy for investors.

1. New Technology:

Coinbase likes coins that bring new technology to the crypto world - things like making transactions faster and more secure.

1. Being Safe and Reliable:

Coinbase picks coins that have strong security and work well. This keeps users' money safe and makes trading easy.

Strategies for Smart Investors

1. Do Your Research:

Before investing in a new coin, learn as much as possible about it. Know what the project aims to do, who's working on it, and if it has the potential to grow.

1. Spread Out Your Money:

When new coins are added, it's a chance to diversify your investments. Put some money into promising new coins while still keeping a good balance to manage risk.

1. Stay Updated:

Cryptocurrency markets can change quickly. Stay informed about what's happening, new rules, and any cool tech coming out. This helps you make smart choices.

1. Set Realistic Goals:

Decide what you want to achieve with your investments and how much risk you're comfortable with. 

1. Use Coinbase's Tools:

Coinbase has tools that show how well coins are doing. Keep an eye on things like prices, how many people are trading, and what the community thinks.

Coinbase Token Listings 2024

Coinbase is a popular place for buying and selling cryptocurrencies. It keeps adding new coins/tokens to give users more choices. These new coins can be a good opportunity for investors to make money.  Let’s find out some of the top 7 listings that can be profitable for investors in 2024 and beyond.

1. Bitcoin ETF Token ($BTCETF) – The launch of this token is going to completely revolutionize the entire cryptocurrency market.  It is a cool digital token celebrating the upcoming release of the first Bitcoin ETF in the US. They're thinking about getting rid of a part of the coin supply, like burning up to 25%, when the ETF starts.

2. Bitcoin Minetrix ($BTCMTX) – As the price of bitcoin is growing the tokens similar to this will also gain momentum.  It is a special cryptocurrency that lets you stake to mine, trying out a different way of doing cloud Bitcoin mining. It gives a secure and clear method to stake $BTCMTX tokens and make Bitcoin.

3. Wall Street Memes ($WSM) – It is one of the major crypto releases this year and is going to be on Coinbase soon, following listings on OKX and MEXC. They just started a new crypto casino with lots of games to play.

4. Ripple ($XRP) – Ripple (XRP) is a digital currency that operates within the Ripple network, designed to facilitate fast and cost-effective international money transfers.  It has been re-listed after the conclusion of the SEC lawsuit and ranked as the #5 most popular tokens on Coinbase.

5. TG. Casino ($TGC) – It is a Telegram crypto casino that gives a 25% refund on money lost when you gamble with $TGC. The main aspect of this token is you don't need to do any KYC (Know Your Customer) verification to join, so people from anywhere in the world can bet without revealing their identity.

6. Meme Kombat ($MK) – Many meme coins gained value in recent times.  The next hot meme coin might soon be available on Coinbase. It comes with a play-to-earn game where popular memes compete, and players can place bets using $MK on their preferred ones.

7. Sei ($SEI) – A blockchain designed for trading and exchange operations has seen a 100% increase in the last month when traded on Coinbase.

Conclusion

In the words of legendary investor Peter Lynch, "Know what you own, and know why you own it."  As we look for good investments on Coinbase in 2024, it's important to remember some timeless advice. It means we should really understand the different tokens available on the platform. Doing thorough research and staying updated helps us feel sure about our investments, especially when the market is uncertain. 

To wrap it up, investing in cryptocurrencies has both difficulties and chances. If we stay informed, take our time, and know what we're investing in, we can make smart choices and do well in the changing world of Coinbase Token Listings in 2024.