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Coinbase Adds Three New Cryptos to its Watchlist

Coinbase, a major US cryptocurrency exchange, announced it’s considering adding three new altcoins to its platform. This means these cryptos could soon be available for trading on Coinbase.

The Newcomers

  • Morpho (MORPHO): This decentralized lending project runs on the Ethereum blockchain. Its token, currently priced around $1.81, launched in June 2022.

  • Popcat (POPCAT): A Solana-based memecoin, Popcat debuted in December 2023 and is trading at approximately $0.213.

  • Pudgy Penguins (PENGU): This is a utility token for the Pudgy Penguins NFT project. Launched in December 2023, it’s currently priced around $0.00987.

What This Means

Coinbase’s “listing roadmap,” introduced in 2022, aims to be more transparent about upcoming additions and prevent any potential market manipulation. Adding a crypto to the roadmap signals that Coinbase is seriously considering allowing trading of that asset in the near future.

Disclaimer:
This information is for general knowledge only and is not financial advice. Investing in cryptocurrencies is risky, so always do your own research before investing./p>