Coinbase Adds AI Personal Finance Project to Listing Roadmap, Triggering Altcoin Rallies

The top US-based crypto exchange by volume is announcing upcoming support for a low-cap artificial intelligence (AI)-powered decentralized finance (DeFi) token.

In a new announcement, Coinbase says that it has added Mamo (MAMO) to its listing roadmap, indicating plans to list the coin for trading in the future.

Mamo is a personal finance bot project that aims to boost user return on interest through tools powered by AI.

According to the platform’s whitepaper, the protocol:

“Creates calm, steady progress through thoughtful, risk-aware strategies

Explains everything in plain language, helping you learn as you earn

Keeps you in control. Add, pause, withdraw anytime. No lockups. No confusing rules.

Works quietly alongside your life, not demanding center stage.”

MAMO is the native token of the protocol. The MAMO supply is fixed at 1,000,000,000 tokens.

MAMO is trading for $0.166 at time of writing, up 16.3% on the day and over 111% in the last month.

Last week, two decentralized science altcoins faltered after gaining support from the top US-based crypto exchange platform by volume, Coinbase.

In a post on the social media platform X, Coinbase also recently announced the addition of two decentralized science (DeSci) protocols – Bio Protocol (BIO) and ResearchCoin (RSC) – to its suite of crypto products.

Following the announcements, the tokens both fell in price.

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Featured Image: Shutterstock/vvaldmann