Coinbase Unveils 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 has unveiled a roadmap for future listings, revealing three potential candidates: Morpho (MORPHO), Pudgy Penguins (PENGU), and Popcat (POPCAT). This move aligns with Coinbase's strategy to enhance transparency and anticipation in the listing process.

Of the three tokens, Popcat (POPCAT) is a meme coin on the Solana blockchain, drawing inspiration from the viral "Popcat" meme featuring a cat named Oatmeal. Given the recent trend of meme-driven crypto, the token has garnered significant attention.

Another Solana token on the list is Pudgy Penguins (PENGU), which is linked to the Pudgy Penguins NFT collection. The collection's popularity has extended beyond digital collectables, branching into real-world products such as Pudgy Toys.

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

Following the announcement, all three tokens have seen price increases. POPCAT surged by approximately 25%, reaching $0.2303. Both PENGU and MORPHO also gained around 8%. However, while MORPHO is still up by 5%, PENGU has begun to decline, currently trading at $0.01053.

In other news, the overall market sentiment remains on the cautious side as Bitcoin attempts to cross $100,000, currently trading at $99,650. Meanwhile, Solana has recovered to above $200.

Check out our recent coverage: Coinbase Criticizes FDIC’s Pressure on Banks Over Crypto