Fartcoin's $300M Coinbase Volume Signals Shift from Speculation to Infrastructure
During Bitcoin's 6% decline, **Fartcoin generated $300M in trading volume** - but here's the twist: this massive activity happened primarily on Coinbase, not Binance or DEXs.
**Why this matters:**
- Coinbase has 108M KYC'd users and SEC oversight
- A meme token cracking top 10 volume on a regulated exchange is unprecedented
- Suggests potential shift from pure speculation toward infrastructural relevance
**The bigger question:** Is Coinbase becoming the new legitimacy filter for crypto assets?
This development challenges traditional assumptions about where speculative tokens gain traction. Instead of decentralized exchanges or international platforms, a heavily regulated US exchange facilitated this significant trading activity.
The concentration of volume on Coinbase, rather than typical meme coin venues, may indicate changing market dynamics and institutional acceptance patterns.