The cryptocurrency Cap (CAP) has officially launched on Coinbase. The listing on the major exchange is designed to significantly boost the token's visibility and market liquidity.

Users can now convert, send, receive, and store CAP directly through Coinbase's platform and mobile app. This broader access has already triggered a significant market response.

Immediately following the announcement, CAP's price soared by approximately 906%. The token reached a value near $0.007797, reflecting intense market interest and increased trading activity.

Market observers are now watching the asset's fully diluted valuation. Prediction market data suggests a 28% probability of the valuation exceeding $500 million one day after launch, highlighting the speculative interest surrounding the new listing.