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Coinbase Adds Morpho, Pengu and Popcat to Listing Roadmap
Coinbase announces plans to list three new altcoins – POPCAT, PENGU, and MORPHO – following recent additions of popular memecoins, signaling expanded trading opportunities.
Coinbase Adds Morpho, Pengu and Popcat to Listing Roadmap –   

Coinspeaker
Coinbase Adds Morpho, Pengu and Popcat to Listing Roadmap

Coinbase Global Inc. (NASDAQ: COIN), a top-tier cryptocurrency exchange available in more than 100 countries, has announced plans to list Solana-based memecoin Popcat (POPCAT), Pudgy Penguins (PENGU), and Morpho (MORPHO). The cryptocurrency exchange announced on Friday that three altcoins. Have been added to the listing roadmap, which means transfer and trading are not yet available for customers.

The listing of the three altcoins will follow other projects in the recent past that have been listed on the cryptocurrency exchange. For instance, Coinbase has already listed Moo Deng, Floki, Pepe, Dogwifhat (WIF), Turbo (TURBO), and Gigachad (GIGA) for its millions of global traders.

The recent administration change in the United States through President Donald Trump has leaned significantly toward the mainstream adoption of digital assets and web3 protocols. As a result, Coinbase exchange has been keen in the recent past to list mostly memecoins to attract more speculative traders in the long haul and compete with other exchanges.

Ultimately, Coinbase shareholders will significantly benefit through heightened revenue streams from the wider trading tokens.

Assets added to the roadmap today: Morpho Token (MORPHO), Pudgy Penguins (PENGU), and Popcat (SOL) (POPCAT)https://t.co/rRB9d3hSr2

— Coinbase Assets 🛡️ (@CoinbaseAssets) February 7, 2025

Impact of Coinbase Listings on the Three Altcoins

The upcoming listing of the three altcoins on Coinbase will expose them to wider crypto trading opportunities. Amid the ongoing macro crypto bull market, the three altcoins will have a wider liquidity and trading volume, thus fueling their 2025 bullish sentiment.

Following the announcement, Popcat price rallied over 11 percent to trade at about $0.22 on Friday, February 7, during the mid-New York session. The small-cap altcoin, with a fully diluted valuation of about $224 million, recorded an 80 percent increase in its 24-hour average trading volume to hover about $88 million at the time of this writing.

Having existed for around a year since its official launch, POPCAT has attracted more than 126K on-chain holders. Out of the $18 million DEX volume in the last 24 hours, the majority involved buyers.

Pudgy Penguins price rallied around 17 percent earlier on Friday, following the Coinbase listing announcement, but has since retracted and obliterated the gains. The small-cap Solana-based altcoin, with a fully diluted valuation of about $855 million and a 24-hour average trading volume of around $162 million, has been trapped in a bearish sentiment since launch, down over 83 percent in two months.

The listing announcement of MORPH on Coinbase triggered a 14 percent surge, but the gains were soon wiped out amid the ongoing crypto bearish sentiment. The small-cap altcoin, with a fully diluted valuation of about $1.9 billion and a 24-hour average trading volume of around $59 million, has dropped over 44 percent in the last two weeks to trade at about $1.88 at the time of this writing.

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Coinbase Adds Morpho, Pengu and Popcat to Listing Roadmap

 Altcoin News, Cryptocurrency News, News, coinbase, Morpho (MORPHO), Popcat (POPCAT), Pudgy Penguins (PENGU) News | CoinspeakerRead More