- Coinbase adds PENGU & POPCAT, boosting prices and trading volume.
- POPCAT jumps 30%, PENGU rises 10.71%, with strong investor interest.
- Trading starts Feb. 13, but restrictions may apply in some regions.
Meme coins just got a major boost. Coinbase Exchange announced support for PENGU and POPCAT, two tokens tied to internet culture. Trading starts on Feb. 13 at 9:00 a.m. PT, depending on market liquidity. The announcement sent both tokens soaring. PENGU and POPCAT recorded double-digit gains within hours. A Coinbase listing still holds serious weight in the crypto world.
PENGU and POPCAT Ride the Coinbase Wave
PENGU, linked to the Pudgy Penguins NFT collection, jumped 10.71% in 24 hours. The price hit $0.0107, with trading volume surging 115%. More traders are entering the market, driving demand higher. POPCAT, inspired by the viral cat meme Oatmeal, saw even bigger gains. The token’s price shot up nearly 30% in one day, reaching $0.34. Over the past week, POPCAT climbed 50%.
Popcat’s Trading volume spiked 104.5%, proving strong investor interest. The market cap now stands at $323 million. Coinbase listings often bring new liquidity, increasing volatility and speculation. However, not all regions will have access to these tokens. Coinbase warned that trading restrictions could apply due to local regulations.
The Bigger Picture for PENGU and POPCAT
Coinbase recently expanded support for meme coins. The exchange added perpetual futures trading for PENGU, POPCAT, and Helium. Notably, Berachain’s perpetual futures also launched that day, adding to the excitement.
POPCAT’s rise shows how internet culture fuels crypto growth. A simple GIF of a cat became a token with a massive following. Meanwhile, PENGU launched in December 2024 with a supply of over 88 billion tokens. The Ethereum-based asset aims to bring new utility to the Pudgy Penguins ecosystem.
Interestingly, PENGU and POPCAT highlight a growing trend. Meme coins are no longer just jokes. Many now attract real investors and serious market activity. With Coinbase backing these tokens, both could gain even more momentum in the months ahead.
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