Pirate Nation's $PIRATE Token Soars 100%, Trading at $300M FDV After Coinbase Listing

Jun 13, 2024, 01:38 PM

Pirate Nation has successfully launched its $PIRATE token, which is now live and listed on Coinbase. The token has seen significant activity, with 93 million $PIRATE claimed by 17,400 wallets. Approximately 60% of these claims, or 55 million tokens, have been staked. The token is trading at a $25 million market cap and $138 million fully diluted valuation (FDV). Since its launch, $PIRATE has increased by 100% and is trading at around $300 million FDV. The token is up 60% from the first hour of trading. The launch has been praised for its successful rollout and strategic approach, attracting considerable retail interest and support from tier 1 CEXs.