Meme Coins Popcat and Pengu Surge on Coinbase Listing News
Coinbase has announced the listing of two meme coins, POPCAT and PENGU (PENGU), on the Solana network. The decision has led to a significant price rally for both tokens, with each experiencing double-digit gains.
According to Coinbase's announcement, trading for POPCAT and PENGU is scheduled to begin on February 13, after 9 AM PT. The exchange plans to introduce spot trading in stages for the POPCAT-USD and PENGU-USD pairs. Preceding the spot trading, perpetual futures markets for these tokens will be available on both Coinbase International Exchange and Coinbase Advanced.
Leading the gains, POPCAT surged by over 25%, reversing its declining trend since November. The coin has experienced a slight recovery over the past week, showing more than a 46% increase, and is currently trading at $0.33.