Quick Facts:
1️⃣ Coinbase has acquired Echo, signaling its intent to expand into early-stage crypto fundraising and token launch infrastructure.
2️⃣ This could mark the revival of ICOs, with new-age launchpads like Sonar, Legion, Buidlpad, and Kaito driving renewed market interest.
3️⃣ Investors are turning their attention to high-upside opportunities like $MAXI, $BEST, and $M, which could be among the next cryptos to explode.
‘I certainly didn’t think Echo would be sold to Coinbase, but here we are: Today Coinbase bought Echo for about $375 million,’ Echo Founder Cobie wrote on X .
For context, Echo is a blockchain-based fundraising and investment platform that allows early-stage cryptocurrency projects and startups to raise capital directly from their communities.
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