Coinbase adds Doodles (DOOD) and Moonbirds (BIRB) to listing roadmap
Coinbase has added NFT-linked tokens Doodles (DOOD) and Moonbirds (BIRB) to its public listing roadmap, initiating technical and compliance reviews but not guaranteeing exchange listings or dates. Both tokens—airdropped to NFT holders and used for governance and utility—must meet Coinbase’s market-making, custody and infrastructure requirements before trading is approved. The announcement raised visibility for these NFT ecosystem tokens and prompted increased decentralized exchange activity and short-term price moves. Traders should watch for confirmations of market-making arrangements, custody support, chosen trading pairs and official listing dates, which typically trigger spikes in volume and volatility. While a Coinbase listing would likely expand liquidity and institutional access, it also brings greater regulatory scrutiny and potential correlation with broader crypto market swings.
Bullish
Adding DOOD and BIRB to Coinbase’s listing roadmap is a net positive for price prospects because it signals the possibility of a regulated exchange listing—an event that historically increases liquidity, market visibility and institutional access. In the short term, roadmap announcements and subsequent confirmations (market-making deals, custody support, trading pairs, listing dates) typically produce rapid spikes in volume and price as traders front-run listings. Decentralized exchange activity and secondary-market gains already observed support this short-term bullish reaction. Over the medium to long term, an actual Coinbase listing would likely sustain higher baseline liquidity and tighter spreads, benefiting price discovery and enabling larger participants, which tends to be bullish. However, the positive impact is conditional: regulatory scrutiny, failure to meet Coinbase’s requirements, or broader crypto market downturns could limit gains or increase volatility. Therefore, while the immediate directional bias is bullish for DOOD and BIRB, traders should manage risk around listing confirmations, regulatory news and macro crypto moves.