Coinbase has revealed its latest additions to its future listing roadmap, unveiling plans to list Morpho (MORPHO), Pudgy Penguins (PENGU), and Popcat (POPCAT) tokens. This move aligns with Coinbase’s ongoing efforts to enhance transparency in its asset listing process, providing traders with early access to upcoming tokens.
What Are the New Tokens?
Popcat (POPCAT): A meme coin built on the Solana blockchain, Popcat draws inspiration from the viral “Popcat” meme, which features a cat named Oatmeal. The coin has gained significant attention due to the meme-driven trend in the crypto market.
Pudgy Penguins (PENGU): Also based on the Solana blockchain, PENGU is tied to the Pudgy Penguins NFT collection, which has expanded its presence beyond digital assets into physical merchandise, including Pudgy Toys.
Morpho (MORPHO): A decentralized finance (DeFi) lending protocol on the Base network, Morpho seeks to optimize lending and borrowing on platforms like Aave and Compound, offering new solutions within the DeFi space.
Market Reactions
Following the announcement of the listing roadmap, all three tokens saw significant price movements. Popcat (POPCAT) surged by around 25%, reaching $0.2303, while both Pudgy Penguins (PENGU) and Morpho (MORPHO) experienced price increases of approximately 8%. However, Morpho has seen a steady gain of 5%, and Pudgy Penguins has started to decline, now trading at $0.01053.
Despite these price shifts, the overall cryptocurrency market remains cautious. Bitcoin continues its attempt to break the $100,000 barrier, currently trading just under $100,000 at $99,650. Solana has also regained a price point above $200.
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