Coinbase’s Strategic Acquisition: Expanding Horizons in Crypto Fundraising
In a significant move, Coinbase has acquired Echo, a blockchain-based platform, as part of its strategic expansion into early-stage cryptocurrency fundraising and token launch infrastructure. This acquisition is seen as a potential revival of Initial Coin Offerings (ICOs), with innovative launchpads like Sonar, Legion, Buidlpad, and Kaito stirring renewed interest in the crypto market.
Echo founder Cobie expressed his surprise at the acquisition, stating, “I certainly didn’t think Echo would be sold to Coinbase, but here we are: Today Coinbase bought Echo for about $375 million.” Echo facilitates fundraising for early-stage crypto projects, allowing startups to raise capital directly from their communities. Since its inception in April 2024, Echo has secured approximately $51 million in funding. Its debut project, Ethena, a synthetic dollar protocol, has been a significant player in the rapidly growing stablecoin market.
Why Coinbase Acquired Echo
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The primary reason behind Coinbase’s acquisition of Echo lies in its tools and technologies, particularly Sonar. This popular software empowers founders to self-host public sales of their tokens, offering flexibility in choosing a blockchain platform, such as HyperLiquid, Base, Solana, or Cardano. Coinbase’s vision is to become an all-encompassing crypto solution, addressing every stage of a project’s lifecycle, from fundraising to its established strengths in listing, trading, and custody.
The Resurgence of ICOs
While some may view the Coinbase-Echo collaboration as an isolated event, Tiger Research suggests it could signify the resurgence of ICOs. According to their report, public sales are experiencing a revival since the 2017 ICO boom, with various launchpads like Legion, Buidlpad, Sonar, and Kaito leading the charge in market trends.
Despite potential short-term hype, the concept of public launchpads is expected to remain relevant due to their ability to provide projects with early users and liquidity. Zak Folkman, co-founder of World Liberty Financial, emphasized the importance of democratizing access to information and opportunities within the crypto space. As ICOs make a strong push for a comeback, investors are positioning themselves early, seeking promising low-cap gems and presales.
Top Cryptocurrencies to Watch
1. Maxi Doge ($MAXI) – The Ambitious Meme Coin
Maxi Doge ($MAXI) is on a mission to outshine Dogecoin and claim the title of the premier meme coin. This audacious goal has driven $MAXI to become one of the most anticipated crypto presales of October 2025. Backed by high-profile influencer collaborations and aggressive marketing strategies, Maxi Doge aims to dominate the meme coin market.
The developers have allocated a substantial portion of the total token supply for marketing, ensuring widespread awareness both within and outside the crypto community. Beyond traditional CEX and DEX listings, $MAXI aspires to secure listings on futures platforms, positioning itself as the go-to launchpad for meme coin day traders.
Our Maxi Doge price prediction suggests the token could reach $0.0024 by year-end, potentially turning a $100 investment into $900 within a few months. Don’t miss your chance to join the meme coin revolution – secure your $MAXI tokens today.
2. Best Wallet Token ($BEST) – Secure and User-Friendly Crypto Wallet
Best Wallet Token ($BEST) is poised to become a 1000x crypto by powering Best Wallet, a leading free crypto wallet that prioritizes security and user-friendliness. As a non-custodial wallet, Best Wallet provides complete control over private keys, safeguarding users from common crypto threats like hacks and phishing.
One standout feature is the ‘Upcoming Tokens’ section, allowing users to purchase presales directly within the app. This user-friendly approach sets Best Wallet apart from competitors. Currently in presale, Best Wallet Token has raised over $16.6 million and aims to capture 40% of the non-custodial crypto market by 2027.
Priced at $0.025825, $BEST has the potential to soar 2,300% to $0.62 by 2026, according to our price prediction. Investing in $BEST also grants access to exclusive features such as:
- Reduced transaction fees
- Early access to new coins in presale
- Voting rights
- Staking rewards currently yielding 79%
Maximize your gains by purchasing $BEST while it’s still in presale.
3. MemeCore ($M) – Revolutionizing Meme Coins
MemeCore ($M) is a unique Layer 1 blockchain project aiming to transform meme coins from speculative assets into cultural and economic powerhouses. The $M token underpins a novel Proof-of-Meme (PoM) consensus mechanism that rewards contributions from traders, stakers, and validators.
Despite market volatility, MemeCore has demonstrated resilience, showing no noticeable impact from recent liquidation events. Currently, the token is up nearly 10% in the past week, on the brink of a potential breakout from a descending triangle pattern.
Interested investors can purchase $M on platforms like BingX, with a potential breakout forecasted to catapult the token to $3.50, offering a substantial 60% gain from current levels.
Disclaimer: Conduct your research before investing. The crypto market is highly volatile, and this information is not financial advice.
Authored by Krishi Chowdhary, Bitcoinist
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