Coinbase has unveiled its latest updates to the platform’s listing roadmap, adding three new tokens—Morpho (MORPHO), Pudgy Penguins (PENGU), and Popcat (POPCAT)—as potential future listings. This move is part of the exchange’s ongoing effort to provide more transparency and reduce uncertainty in its asset listing process, giving traders a clearer view of upcoming additions.
Popcat (POPCAT) is a meme coin based on the viral “Popcat” meme, which features a cat named Oatmeal. Built on the Solana blockchain, the token has gained popularity, riding the wave of meme-driven cryptocurrency trends.
Pudgy Penguins (PENGU), another Solana-based token, is tied to the Pudgy Penguins NFT collection, which has expanded from digital collectibles into real-world products, including Pudgy Toys.
Morpho (MORPHO), a decentralized finance (DeFi) lending protocol, operates on the Base network and focuses on enhancing lending and borrowing efficiency on platforms like Aave and Compound.
Following Coinbase’s announcement, all three tokens experienced notable price jumps. Popcat saw a 25% surge, reaching $0.2303, while Morpho and Pudgy Penguins gained around 8%. However, despite the positive momentum, PENGU has since started to show a slight decline, trading at $0.01053, while MORPHO continues to see a modest 5% increase.
Despite the excitement surrounding these listings, the broader market sentiment remains cautious. Bitcoin is attempting to break through the $100,000 barrier, currently trading at $99,650, while Solana has reclaimed the $200 mark.
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