In an exciting development for the cryptocurrency market, Coinbase has announced the listing of Pirate Nation (PIRATE), an ERC-20 token on the Ethereum network. This move has resulted in a remarkable 150% increase in the token's price, with its market capitalization reaching $50 million and daily trading volume hitting $136 million.

The listing of PIRATE on Coinbase has opened up new trading opportunities for users, and its price has soared to an all-time high of $0.3312. The token's success can be attributed to its strategic approach, which focused on creating network effects and kickstarting the in-game economy.

Pirate Nation's pre-TGE strategy involved utilizing off-chain points called Booty to incentivize user interaction and positive activities within the ecosystem. The post-TGE strategy aims to maintain player retention, address initial player acquisition issues, and establish a long-term token usage system.

The token's success has been further boosted by social farming techniques, including a Discord Blitz campaign and a referral system that encouraged players to engage with the game. With its significant price surge and growing market capitalization, Pirate Nation is making waves in the cryptocurrency market.