Prime US crypto alternate Coinbase has added a red-hot memecoin to its roster of potential upcoming listings.
In an announcement, Coinbase says that it has added MOG Coin (MOG) to its itemizing roadmap, which the alternate makes use of for transparency and to stop insider buying and selling on cash previous to them being listed.
The announcement means the agency has decided the asset will seemingly be obtainable for buying and selling within the close to future.
MOG is buying and selling for $0.000002414 at time of writing, up greater than 8,776% within the final yr. With a market cap of $944.5 million, Mog Coin is the 138th largest crypto mission.
MOG, which is on the market on each the Ethereum (ETH) and Base blockchains, is already listed on crypto exchanges resembling Kraken, Gate, Bybit and Bitstamp.
The mission calls the digital asset “the web’s first tradition coin.” The title of the memecoin is derived from AMOG, which suggests the “alpha male of the group,” and its image is a “joycat.”
“The thought for Mog started as a enjoyable meme amongst associates, and within the Summer time of 2023 the token was launched as a good launch memecoin by way of a Uniswap V2 LP. Though it began as a joke amongst associates, when the mission went dwell it grew to become instantly clear that one thing really particular had been created.
Mog instantly set itself aside from different tasks via its open-ended memetic branding and distinctive content material. The cultural underpinning of Mog, easy cosmic domination, is an concept and mentality that anybody can undertake, and will be utilized to any state of affairs in life.”
Coinbase additionally lately introduced it added the brand new Solana (SOL)-based memecoin Moo Deng (MOODENG) to its itemizing roadmap.
MOODENG is buying and selling for $0.53 at time of writing. With a market cap of $526.4 million, it’s the 206th largest crypto mission.
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