Coinbase Lists Two DeFi Tokens In November’s Bear Market
Summary
Coinbase stated on November 24 that it would open spot trading for Fluid (FLUID) and World Mobile Token (WMTX) on November 25, 2025, despite the broader market being in a severe downturn with Bitcoin hovering in the mid-$80,000s.
Following the announcement, both FLUID and WMTX experienced modest intraday rebounds, breaking multi-day downtrends. Fluid (FLUID) is associated with a DeFi protocol merging lending and borrowing, while World Mobile Token (WMTX) powers a decentralized telecom infrastructure project in the DePIN sector. WMTX saw its price move from a $0.096 base toward $0.102.
While Coinbase listings typically do not cause explosive rallies during macro downturns, the positive reaction from these two infrastructure-focused tokens is considered a rare positive signal amidst heavy outflows and selling pressure characterizing November's market sentiment.
(Source:BeInCrypto)