Coinbase put three new assets on its listing roadmap: PENGU, POPCAT, and MORPHO. This announcement only caused momentary price gains for all three tokens, possibly suggesting that the market is less interested.
The two meme coins have both endured recent volatility, but MORPHO currently has substantial momentum. Nonetheless, this pattern repeated across all three listings.
Is Coinbase’s Roadmap Losing Relevance?
Coinbase, one of the world’s leading crypto exchanges, just added three new assets to its listing roadmap: PENGU, POPCAT, and MORPHO.
Typically, these additions cause huge spikes in an asset’s price, but that has not happened today. All three of these coins experienced a brief price jump, but these gains quickly evaporated.
It’s presently unclear why these gains have proved so ephemeral. Two of the new assets on Coinbase’s roadmap, POPCAT and PENGU, are noteworthy meme coins. Both, however, have seen recent price troubles.
PENGU, for one, reached its lowest price in late January and shows little signs of recovery. POPCAT’s decline was in December, but it has also remained low.
MORPHO, on the other hand, stands out from the other offerings on Coinbase’s roadmap. It’s not a meme coin but a legitimate DeFi projec
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Author: Landon Manning
