Coinbase Listing Sends Meme Coins Popcat and Pudgy Penguins Soaring
Coinbase's listing of meme coins Popcat and Pudgy Penguins on the Solana network has sparked significant price rallies for both tokens. Trading will begin on February 13, with spot trading in stages for the POPCAT-USD and PENGU-USD pairs scheduled to start after 9 AM PT.
POPCT has surged by over 25% following the announcement, reversing its declining trend since November. The coin has experienced a slight recovery over the past week, showing more than a 46% increase, with the current trading price at $0.33.
PENGU also saw robust gains, appreciating over 12% within the past day. This growth comes after PENGU hit an all-time low last week, with the token now trading approximately 18% above its lowest value.