Key Points
- Coinbase will debut support for POPCAT and PENGU on the Solana network if liquidity conditions are met.
- Support for the coins may be restricted in some jurisdictions.
POPCAT and PENGU recorded significant price surges in the past 24 hours, after Coinbase announced their launch today on the Solana network.
POPCAT and PENGU Prices Surged
POPCAT Price Trajectory
POPCAT price was trading at $0.26 yesterday evening, before Coinbase’s announcement, and debuted an ascendant trajectory afterward, reaching $0.33 today.
At the moment of writing this article, POPCAT is trading below $0.33 and has a market cap of over $322 million. The coin is up by over 23% in the past 24 hours.
PENGU Price Trajectory
On February 12, PENGU had a market cap of $615 million, and following Coinbase’s announcement, the coin debuted an ascendant trajectory as well, reaching over $712.5 million earlier today, before cooling off.
At the moment of writing this article, PENGU has a market cap of almost $660 million, and the coin is up by 7% in the past 24 hours.
Yesterday, February 12, Coinbase announced that it will add support for POPCAT and PENGU today.
Coinbase Listing Details
In an announcement via X, the exchange revealed that the two coins will be supported on the Solana network (SPL token), and advised users not to send the assets over other networks or their funds might be lost.
Coinbase also said that trading will begin on or after 9 AM PT today, February 13 if liquidity conditions are met. According to the exchange, once a sufficient supply of the assets is established, trading on POPCAT/USD and PENGU/USD pairs will launch in phases.
The crypto exchange also noted that support for PENGU and POPCAT could be restricted in some supported jurisdictions.
Coinbase also revealed the Solana network (SPL) token contract addresses for both coins:
On February 7, Coinbase announced that it added PENGU, POPCAT, and MORPHO to its listing roadmap.
