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Altcoin News

Coinbase Adds MORPHO, PENGU, and POPCAT to Listing Roadmap

Written By Jalpa Bhavsar Jalpa Bhavsar
Fact Checked by Jahnu Jagtap Jahnu Jagtap
Published February 8, 2025 12:24 AM·Updated 1 year ago
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Coinbase Adds MORPHO, PENGU, POPCAT to Listing Roadmap

Coinbase has announced a roadmap for future listings, adding Morpho (MORPHO), Pudgy Penguins (PENGU), and Popcat (POPCAT) to its potential lineup.

Coinbase’s approach aims to provide transparency and reduce uncertainty in the listing process, giving traders early insights into upcoming assets.

Coinbase Roadmap for future listing
Coinbase Roadmap for future listing, Source: X

Popcat (POPCAT) is a meme coin on the Solana blockchain and is inspired by the viral “Popcat” meme featuring a cat named Oatmeal. Due to the trend of meme-driven crypto, the token has gained significant attraction. 

Pudgy Penguins (PENGU) is also a Solana token linked to the Pudgy Penguins NFT collection, which has grown beyond digital collectables into real-world products like Pudgy Toys.

Morpho (MORPHO) is a DeFi lending protocol built on the Base network that optimizes lending and borrowing on platforms like Aave and Compound.

Following the announcement, all three tokens have experienced price increases. POPCAT surged by approximately 25%, reaching $0.2303. The other two tokens also saw gains of around 8%. However, MORPHO remains 5% up, but PENGU has started to decline and is now at $0.01053.

Despite these advances, the overall market attitude is cautious. Bitcoin is trying to go beyond $100,000, now trading at $99,650, while Solana has regained $200.

Also Read: Coinbase Criticizes FDIC’s Pressure on Banks Over Crypto

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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