Top crypto exchanges are expanding their offerings constantly as memecoins are gaining more attention worldwde.
Coinbase, the largest cryptocurrency exchange in the United States, has added the popular altcoin MOG Coin (MOG) to its roadmap for listing, according to its official statement.
Mog Coin (MOG) is a cryptocurrency created as a meme on the Ethereum blockchain, adhering to the ERC-20 standard.
Initially introduced in July 2023 as a lighthearted project, it quickly garnered attention due to its playful take on finance and its growing potential in the crypto market.
Recently the exchange announced another memecoin addition to its trading platform – Moo Deng (MOODENG) After the listing the price of MOODENG surged 70%.
Historically, listings on major exchanges such as Binance and Coinbase give a significant price boost to new projects and create significant volatility.
Cboe BZX Exchange is making a bold move by seeking SEC approval to introduce staking for the 21Shares Core Ethereum ETF.
Coinbase continues to expand its trading offerings with new listings, further embracing the growing demand for altcoins.
The SEC has clarified that most memecoins, including tokens like the Trump (TRUMP) and Melania Trump (MELANIA) coins, do not fall under its regulatory oversight.
Despite a recent downturn in the broader cryptocurrency market, Ethereum investors seem to be seizing the opportunity, with a significant increase in large-scale buying.