Coinbase added three relatively new altcoins to its listing roadmap on Friday, putting the tokens on the potential path toward trading on the top US digital asset exchange.
The firm could soon support Morpho (MORPHO), Popcat (POPCAT) and Pudgy Penguins (PENGU).
Morpho is a decentralized lending protocol built on the Ethereum (ETH) blockchain. The project’s native token launched in June 2022 and is trading at $1.81 at time of writing. The 188th-ranked crypto asset by market cap is down nearly 2% in the past 24 hours.
Popcat is a Solana (SOL)-based memecoin that launched in December 2023. The 289th-ranked crypto asset by market cap is trading at $0.213 at time of writing and moved sideways in the past day.
Pudgy Penguins is a non-fungible token (NFT) project. The project’s utility token, PENGU, launched in December and is trading at $0.00987 at time of writing. The 127th-ranked crypto asset by market cap is down more than 8% in the past 24 hours.
Being added to Coinbase’s listing roadmap means that the crypto exchange is considering adding trading support for the asset in the near future. The roadmap was created in 2022 to increase transparency and reduce the possibility of investors frontrunning new trading support announcements, according to Coinbase.
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