Coinbase Finally Lists POPCAT & PENGU

Coinbase has announced the listing of Popcat (POPCAT) and Pudgy Penguins (PENGU) on the Solana (SOL) network, triggering significant price rallies for both meme coins.

February 13, 2025

Key Details
Trading for POPCAT and PENGU will begin on February 13th. Spot trading for the POPCAT-USD and PENGU-USD pairs will be rolled out in stages, while perpetual futures trading for these tokens will be available on Coinbase International Exchange and Coinbase Advanced from 09:30 AM UTC.

This listing follows the tokens’ inclusion in Coinbase’s roadmap, alongside Morpho (MORPHO), which has yet to be confirmed. The official listing has sparked a larger price rally, with POPCAT surging over 25%, while PENGU rose by 12%.

 

Price Performance
POPCAT, which had been on a downtrend since November, has gained more than 46% in the past week, now trading at $0.33. PENGU, which recently hit an all-time low, is up 18% from that point, though it’s still down 7.8% for the week and 65% from last month, currently priced at $0.01.

This surge aligns with the “Coinbase Effect,” where tokens often see major price boosts post-listing. However, it remains to be seen if the meme coins will maintain these gains after trading starts.

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