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Cryptic Coinbase Tweet, Amassing 3.1M Views Sparks Speculation

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Written by
Jay Speakman

23 February 2023 01:33 UTC
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  • Coinbase's latest tweet has sparked speculation about a possible new token launch.
  • Launching a new token could bring increased user engagement and provide a new income stream for Coinbase.
  • There are potential downsides, such as a conflict of interest and the risk of damaging Coinbase's reputation if the token fails.
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Coinbase, one of the world’s biggest cryptocurrency exchanges’ latest tweet has sparked speculation. The tweet, which includes a six-second video of a spinning coin-shaped object, has received over 3.1 million views.

The cryptic tweet prompted a wave of speculation on social media, including comments about a new token; symbolized by the rotating object scheduled to debut on February 23, 2023.

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