{"id":6124,"date":"2025-07-29T10:12:16","date_gmt":"2025-07-29T10:12:16","guid":{"rendered":"https:\/\/bitunikey.com\/news\/coinbase-adds-bio-and-eul-to-its-asset-roadmap-how-are-these-tokens-performing\/"},"modified":"2025-07-29T10:12:18","modified_gmt":"2025-07-29T10:12:18","slug":"coinbase-adds-bio-and-eul-to-its-asset-roadmap-how-are-these-tokens-performing","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/coinbase-adds-bio-and-eul-to-its-asset-roadmap-how-are-these-tokens-performing\/","title":{"rendered":"Coinbase adds BIO and EUL to its asset roadmap, how are these tokens performing?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Coinbase has included Bio Protocol and Euler in its asset roadmap, indicating they could be listed on the exchange down the line.<\/p>\n<div id=\"cn-block-summary-block_6d79f9c6db2e02e1ee9aaac98237b701\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Coinbase added Bio Protocol and Euler to its asset roadmap on July 29.<\/li>\n<li>BIO surged nearly 17% after the announcement before paring gains; EUL rose approximately 3.5%.<\/li>\n<li>Both tokens are already listed on major exchanges, which may temper the impact of a potential future Coinbase listing.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>In a July 29 X post, crypto exchange Coinbase <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/CoinbaseAssets\/status\/1949956551684296924\" target=\"_blank\">announced<\/a> that it has added Bio Protocol (BIO) and Euler (EUL) to its asset roadmap.<\/p>\n<p>Following the announcement, BIO rallied nearly 17% before giving up some of its gains and trading slightly lower at the time of writing.<\/p>\n<figure class=\"wp-block-image\"><figcaption class=\"wp-element-caption\">BIO price chart \u2014 July 29 : Source: crypto.news<\/figcaption><\/figure>\n<p>For the uninitiated, Bio Protocol is the native token powering a decentralized science (DeSci) ecosystem. It enables the creation of community-governed biotech research collectives, known as BioDAOs, and supports the tokenization of scientific intellectual property.<\/p>\n<p>Euler, on the other hand, is the governance token for Euler Finance, a permissionless DeFi lending protocol built on Ethereum. It allows users to lend and borrow a wide range of crypto assets, including long-tailed tokens not typically supported by other platforms. EUL has reacted more modestly, going up just 3.5% after the announcement.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Both tokens have already secured listings on several popular cryptocurrency exchanges, such as Binance, OKX, Kraken, Gate.io, MEXC, KuCoin for Bio Protocol, and Kraken, KuCoin, HTX, Gate.io for Euler.<\/p>\n<p>However, investors should note that Coinbase\u2019s asset roadmap only indicates the cryptocurrencies currently under consideration for potential listing and does not guarantee that they will ultimately be added to the platform.<\/p>\n<h2 class=\"wp-block-heading\">The Coinbase effect<\/h2>\n<p>As a Tier-1 exchange, Coinbase listings often result in short-term rallies. Crypto traders refer to it as the \u201cCoinbase effect.\u201d The momentum stems from the platform\u2019s reputation, broad user base, and appeal among institutional investors.<\/p>\n<p>Market participants tend to interpret listings as a signal of legitimacy, which frequently leads to increased demand and upward price pressure in the short term.<\/p>\n<p>Historically, several tokens have recorded double-digit intraday gains following a Coinbase announcement or listing.\u00a0<\/p>\n<p>However, while initial rallies are common, they are not guaranteed, nor do they always sustain over the long term. Market conditions, token supply dynamics, and broader investor sentiment all play a role in determining whether the listing leads to lasting appreciation.<\/p>\n<p>For instance, NEWT, the native token of Newton Protocol, crashed 44% shortly after its listing on Coinbase. According to a report by crypto.news, the sharp drop was driven by investors selling off their airdropped tokens to secure profits, leading to heightened selling pressure immediately following the listing.<\/p>\n<p>Another example that underscores this volatility is the case of Venice AI\u2019s token, VVV. Shortly after being listed on Coinbase, the token saw a sharp initial pump. However, the rally was short-lived, and the price crashed after reports emerged that the project team allegedly issued and sold approximately $5.7 million worth of VVV tokens around the time of the listing.<\/p>\n<p>Since both BIO and EUL are already listed on several major exchanges, the impact of a potential Coinbase listing may not be as pronounced as it would be for a newly launched token.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase has included Bio Protocol and Euler in its asset roadmap, indicating they could be listed on the exchange down the line. Summary Coinbase added Bio Protocol and Euler to&hellip;<\/p>\n","protected":false},"author":1,"featured_media":141,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=6124"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6124\/revisions"}],"predecessor-version":[{"id":6125,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6124\/revisions\/6125"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/141"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=6124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=6124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=6124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}