In a twist of cosmic irony, Coinbase has decided to play the puppet master, unveiling cbDOGE and cbXRPâthose charming little ERC-20 tokensâon its Ethereum Layer 2 stage named Base. Think of it as giving Dogecoin and XRP a fancy new tuxedo, all backed 1:1 by the real deal that Coinbase keeps hidden in its vaultsâbecause what could possibly go wrong? đ
DOGE and XRP are now on Base
Base is for everyone (yes, even you with the questionable wifi)
â Base (@base) June 4, 2025
In just 24 hours, over 2.3 million cbXRP ($5M) and 10.4 million cbDOGE ($1.9M) found eager owners, proving once again that the crypto circus never sleeps. The demand? As fierce as a cat chasing a laser pointer.
Coinbase, ever the guardian of innocence (or so it claims), issued a stern warning: Beware of scammers pretending to sell these mystical tokens. Remember, only trust the “official” Base contract addressesâbecause nothing screams security like reading tiny hex codes at 3 a.m. đ . Wrapped tokens are like digital costumesâthey let your favorite coins strut onto different blockchains without losing their dignity. Coinbaseâs latest stunt? Bringing these beloved tokens to Base, slashing fees, boosting trading options, and opening new doors to DeFi galaxies far, far away.
This daring move cements Baseâs reputationâyes, itâs now the king of Layer 2 networks, with over $15 billion in assets and enough transaction volume to make traditional banks blush. Over $3.6 trillion in stablecoins danced through its circuits in Q1 2025, proving that activity on the network is hotter than a microwave full of popcorn.
Litecoin, ADA, and FriendsâOh My!
Coinbase once whispered sweet nothings about wrapping Litecoin, ADA, and more. Now, cbXRP and cbDOGE are dancing in the limelight, while cbLTC and cbADA are still rehearsing behind the curtains. Remember cbBTC? That $4.7 billion superstar? It’s still charming the crowds.
How to Snag Wrapped XRP Without Losing Your Mind?
Buying cbXRP is easier than convincing a cat to take a bathâif you follow these steps. DEXs on Base let you swap ETH or USDC for your shiny new Wrapped XRP, provided you have a trusty wallet like Coinbase Wallet and enough ETH to pay the gas bill, which is always a fun surprise.
Follow this foolproof plan:
- Download Coinbase Walletâbecause who doesnât want to feel like a cyber cowboy?
- Set up your wallet and guard your seed phrase like itâs the crown jewels.
- Buy some base tokensâyour ticket into the crypto carnival.
- Send these tokens to your wallet. If you mess this up, well… youâre probably reading these instructions anyway.
- Connect to a Base-based DEX and swap away! But bewareâthe contract address graffiti must match exactly. Aliases wonât save you from the scammers.
- Add your Wrapped XRP to your wallet to see those sweet, sweet balances. Itâs like magicâif magic required hex codes and a pinch of paranoia.
- Finally, lock up your treasure and walk awayânobody likes a thief, even in the digital world.
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2025-06-05 10:52