According to breaking news, cryptocurrency exchange Coinbase is listing Layer3 (L3) and Freysa (FAI) in futures.
It is noteworthy that both altcoins are currently traded on Coinbase’s spot market. Layer3 is known for being a staking-based DeFi platform and having various token burn mechanisms. At the time of writing, L3 has a market cap of $51 million and is not listed on Binance.
Freysa, on the other hand, is in the Base ecosystem, so it’s no surprise that Coinbase has listed it for both spot and futures. The altcoin, which has a market cap of $199 million, is not traded on Binance and has an “AI Agent” theme that was recently criticized by Binance founder Changpeng Zhao. Zhao argued that not all AI bots need a token, and that some of these tokens are unnecessary.
*This is not investment advice.