Coinbase Reveals Plans for Another Memecoin Listing

Coinbase is expanding its cryptocurrency offerings by introducing new digital assets to its trading platform.

Among the latest additions is Moo Deng (MOODENG), a meme-based cryptocurrency built on the Solana blockchain. This move highlights Coinbase’s efforts to diversify its portfolio and provide users with more trading opportunities in the evolving crypto landscape.

Moo Deng (MOODENG) witnessed a dramatic 70% price increase within 24 hours of Coinbase revealing plans to list the token. The price surged to $0.6123, fueled by heightened market excitement and the influence of Coinbase as a prominent trading platform.

Investor interest in Moo Deng also spiked significantly, with the token’s trading volume soaring by 400% to reach $751 million in the same period. This surge reflects a strong response from the trading community, eager to capitalize on the announcement.

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Despite the enthusiasm, Coinbase has clarified that trading and transfers for Moo Deng will remain unavailable until the official listing is finalized. This measure ensures that regulatory and technical standards are met before the asset is fully integrated into the platform.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.