$POPCAT Surges Over 25% on Coinbase Listing

Popcat (POPCAT), a Solana-based memecoin, has experienced a notable price surge following a listing announcement from top American crypto exchange Coinbase.

Launched in December 2023, POPCAT is a cat-themed meme coin inspired by the viral internet meme of a cat named Oatmeal—known for its mouth popping open and closed.

On Wednesday, Coinbase announced it will list POPCAT on its platform and open trading pairs for USD.

Coinbase will add support for Popcat (SOL) (POPCAT) and Pudgy Penguins (PENGU) on the Solana network (SPL token). Do not send this asset over other networks or your funds may be lost.

— Coinbase Assets 🛡️ (@CoinbaseAssets) February 12, 2025

This comes less than a week after Coinbase revealed it had added POPCAT to its listing roadmap, meaning that the token has met its listing standards or criteria.

According to Coinbase’s latest post, POPCAT will start trading on its platform on Thursday, February 13, at 9 AM if liquidity conditions are met. It added that transfers for the memecoin will be available on Coinbase in the regions where trading is supported.

POPCAT Surges 25% on Coinbase Listing

Following the listing confirmation from Coinbase, POPCAT posted a notable price increase of over 25% to exchange hands at $0.3286. Its 24-hour trading volume also increased by 116.20% to $162 million. POPCAT is now the eighth-largest Solana-based memecoin, with a market cap of $323 million.

This underscores the significant impact a listing on a leading cryptocurrency exchange like Coinbase can have on a crypto project.

Coinbase to List PENGU

PENGU, another Solana-based memecoin, also witnessed a 10% price increase after Coinbase announced it would list it today at the same time as POPCAT. The token is currently traded at $0.0103 at press time, an up to 7% surge in the past 24 hours. PENGU takes the third place as the largest Solana-based memecoin by market cap.

Aside from POPCAT and PENGU, several other meme-inspired tokens have benefited from Coinbase’s listing in recent months. Last month, TOSHI’s price jumped over 100% after Coinbase notified users that it had added the memecoin to its listing roadmap. At the same time, the memecoin’s 24-hour trading volume surged by over 400%, and its market cap reached $100 million.

The post $POPCAT Surges Over 25% on Coinbase Listing appeared first on Cointab.