Coinbase’s Whopping New Wrappers: XRP & DOGE Jump Into the DeFi Disco! 🎉🤪

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Coinbase’s Whopping New Wrappers: XRP & DOGE Jump Into the DeFi Disco! 🎉🤪

Hold onto your hat, you bitcoin-babbling buffoons! Coinbase has done a cheeky little thing—they’ve snuck in two shiny new tokens, cbXRP and cbDOGE, on their fancy Ethereum playground called Base. That’s right, XRP and Dogecoin, those jolly coin monsters you’ve seen bouncing around in the crypto zoo, are now wrapped up in a shiny ERC-20 costume and ready to party in decentralized finance land. 🎩🃏

“cbDOGE and cbXRP are now live on @base,” twittered the Coinbase folks with all the subtlety of a clown at a funeral. “Each one is backed 1:1 by the real deal—XRP and DOGE kept safe and sound in Coinbase’s vaults.” Because, evidently, holding giant piles of coins in vaults makes everything more official, right? 🤔🔒

Imagine this: Coinbase keeps a treasure trove of XRP and DOGE in their secret vaults, then, with a dramatic flourish, mints a shiny new wrapped token for each coin. These new tokens saunter onto Base, which is kind of like Ethereum’s zippy little puppy—faster, cheaper, and more willing to do tricks. Now you can use your favorite meme coins in lending, trading, or even in DeFi games, without the hassle of Ethereum’s slowpoke network. How clever! 🐶💨

The big boss at Coinbase said their grand plan is to turn Base into a playground where even your grandma’s knitting club can get in on the crypto action—no matter what peculiar coin she’s hoarding in her candy jar. It’s all about making the grand on-chain party more accessible. Cheers to that! 🥂

And what a smashing first day! Over 2.3 million cbXRP tokens—worth about five million bucks—and more than 10 million cbDOGE tokens—almost two million dollars—have already found eager new homes. Seems like everyone’s keen to sprinkle some XRP and Doge magic into their DeFi potions. 🧙‍♂️✨

But wait, there’s more! Coinbase whispers that cbLTC and cbADA (those are Litecoin and Cardano’s new wrapped twins) are brewing in the crypto laboratory, ready to join the party soon. They’re riding high on the success of cbBTC, which turned into a $4.7 billion giant last year. Looks like Coinbase is determined to turn Base into the biggest, fastest, most meme-tastic DeFi playground out there! 🚀🎈

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2025-06-05 10:47