Coinbase has announced the new Altcoins that it plans to list on its platform. This time the tokens added to the road map Morpho (Morpho), Pudgy Penguins (Pengu) and Popcat (Popcat)was. This announcement of Coinbase increased the interest of investor and created mobility in market pricing. The price increases experienced by these three token after the announcement once again revealed the sensitivity of the market to coinbase listing.
Memecoins continue to strengthen in the crypto market
The influence of Memecoins in the crypto world does not diminish, and Coinbase is aware of this trend. Popcat (Popcat) and Pudgy Penguins (Pengu) stand out as projects fed from internet culture.
Popcat was inspired by a cat photo that was viral in 2020. This breast, which has become popular in a wide area from Instagram videos to online games, entered the crypto market with the support of the community. Pengu serves as a Solana -based community token. In addition, the Ethereum -based 8,888 unique NFT collection creates a wide brand identity with physical products and digital projects. Coinbase’s interest in these projects shows that the popularity of Memecoins has not diminished.
Morpho (Morpho) brings innovation to Defi
Morpho (Morpho), unlike two other beings, offers an innovative solution in the field of decentralized finance (defi). The project stands out as a platform for free lending on Aave and Compound.
Thanks to this model, the loans and borrowers are directly matching and carrying out more efficient transactions. Unlike traditional lending systems, it provides lower spread, better interest rates and higher capital efficiency. Coinbase’s possibility of listing Morpho is considered an important development in terms of the growth of the defi sector.
Coinbase effect, market response and price movements
Following the announcement of Coinbase, token, who was likely to be listed, gained value quickly. Popcat rose by 25 percent, Morpho increased by 8 percent, and Pengu caught a similar acceleration. This sudden movement in prices shows the power of investors’ response to Coinbase announcements.
These developments show that investors carefully follow Coinbase announcements and increase their interest in token, which are likely to list. The rapid reactions of the market to such developments continue to be an important factor in short -term movements of crypto assets. In particular, the intense demand for breast coins points out that the projects in this category will continue to attract attention in the coming period.
