Coinbase Finally Lists POPCAT & PENGU

Key Details
Trading for POPCAT and PENGU will begin on February 13th. Spot trading for the POPCAT-USD and PENGU-USD pairs will be rolled out in stages, while perpetual futures trading for these tokens will be available on Coinbase International Exchange and Coinbase Advanced from 09:30 AM UTC.

This listing follows the tokens’ inclusion in Coinbase’s roadmap, alongside Morpho (MORPHO), which has yet to be confirmed. The official listing has sparked a larger price rally, with POPCAT surging over 25%, while PENGU rose by 12%.

Price Performance
POPCAT, which had been on a downtrend since November, has gained more than 46% in the past week, now trading at $0.33. PENGU, which recently hit an all-time low, is up 18% from that point, though it’s still down 7.8% for the week and 65% from last month, currently priced at $0.01.

This surge aligns with the “Coinbase Effect,” where tokens often see major price boosts post-listing. However, it remains to be seen if the meme coins will maintain these gains after trading starts.