PENGU and POPCAT Make Their Coinbase Debut on February 13

PENGU and POPCAT will be available for trading on Coinbase starting February 13 at 9:00 AM PT (17:00 UTC), marking a significant milestone for both tokens.

In an announcement, Coinbase revealed it would be adding trading support for two Solana-based meme coins, Popcat (POPCAT) and Pudgy Penguins (PENGU). Trading support will be available for the POPCAT-USD and PENGU-USD pairs, which will launch in phases, with the exchange stating that trading may be restricted in certain regions depending on liquidity.

Following Coinbase’s announcement, both PENGU and POPCAT experienced substantial price boosts. In the 24 hours after the news, PENGU rose by 10.71%, reaching $0.0107 per token. PENGU’s trading volume also spiked, increasing by over 115% compared to the previous day, indicating heightened interest from traders.

POPCAT saw even more impressive gains, rising nearly 30% in the past 24 hours and trading at $0.34. Over the past week, POPCAT’s price surged by almost 50%. Its trading volume also jumped by 104.5%, and the meme coin now has a market cap of $323 million.

Earlier in February, Coinbase announced that it would offer trading support for perpetual futures for Pudgy Penguins, Popcat, and Helium, alongside the addition of Berachain perpetual futures.

POPCAT, a well-known meme coin, is based on the viral Oatmeal cat meme, featuring a cat opening and closing its mouth, which became a popular GIF. PENGU, the token behind the Ethereum-based Pudgy Penguins NFT collection, launched in mid-December 2024, with a total supply exceeding 88 billion tokens.