Coinbase to List Solana-Based Meme Coins PENGU and POPCAT

Trading Support to Go Live on February 13

Coinbase, a major cryptocurrency exchange, has announced that it will be adding trading support for Solana-based meme coins, Pudgy Penguins (PENGU) and Popcat (POPCAT). The exchange will open trading support on February 13 at 9:00 Pacific Time, pending sufficient liquidity for both tokens.

Trading support will be available for POPCAT-USD and PENGU-USD pairs, which will begin launching in phases. However, Coinbase has warned users that trading for POPCAT and PENGU may be restricted in some regions.

Price Boost for PENGU and POPCAT

Shortly after Coinbase posted the announcement, PENGU and POPCAT saw significant gains in value. In the past 24 hours, PENGU has increased by 10.71%, with the token currently trading at $0.0107. POPCAT, on the other hand, saw an even bigger gain, with a nearly 30% increase in the past 24 hours, and a price of $0.34.

PENGU’s trading volume also experienced a significant boost, rising by more than 115% compared to the previous day. POPCAT’s trading volume saw an increase of 104.5% in the past day, with a market cap currently standing at $323 million.

About PENGU and POPCAT

POPCAT is a well-known token on the meme coin market, originating from a popular cat meme named Oatmeal. The viral video shows alternating images of Oatmeal opening and closing its mouth, which was later turned into a GIF.

PENGU, on the other hand, is the native token of the popular Ethereum-based NFT collection Pudgy Penguins. It was first launched in mid-December 2024 with a maximum token supply of over 88 billion.

Perpetual Futures Trading

In early February, Coinbase declared that it would provide trading support for perpetual futures for Pudgy Penguins, Popcat, and Helium. Additionally, the exchange added trading support for Berachain perpetual futures on the same day.

Key Takeaways:

  • Coinbase to list Solana-based meme coins PENGU and POPCAT on February 13.
  • Trading support will be available for POPCAT-USD and PENGU-USD pairs.
  • PENGU and POPCAT saw significant gains in value after the Coinbase listing announcement.
  • POPCAT’s trading volume saw an increase of 104.5% in the past day, with a market cap of $323 million.

Disclaimer: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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