A company that is changing the way the world mines bitcoin

crypto.news 2024-12-03 15:57:25

Coinbase to list MOG meme coin

Coinbase’s meme coin listing bonanza continued on Dec. 3 as Mog Coin was added to the platform’s trading roadmap. U.S. crypto exchange Coinbase announced Mog Coin ( MOG ) as the latest addition to its listing roadmap , according to a tweet from the firm’s dedicated assets page on X. Coinbase stated it would list MOG on Base, the company’s Ethereum layer-2 scaling solution, which has nearly $4 billion in user deposits or total value locked. MOG’s price surged 23% within an hour of the announcement, according to data from DEXScreener. The token’s market cap reached approximately $1 billion, making it the tenth-largest meme coin by valuation. The Base network contract address for MOG Coin (MOG) is 0x2Da56AcB9Ea78330f947bD57C54119Debda7AF71 — Coinbase Assets 🛡️ (@CoinbaseAssets) December 3, 2024 You might also like: Coinbase adds Apple Pay to onramp for easier crypto access Coinbase’s meme coin listing spree has included a basket of top tokens from the speculative sector. Indeed, the crypto exchange has added Pepe ( PEPE ), Floki ( FLOKI ), Dogiwfhat ( WIF ), and Moo Deng ( MOODENG ) for users in less than a month. The digital asset titan might also list viral meme coin Peanut The Squirrel ( PNUT ). As crypto.news reported, PNUT featured on the company’s Apple Pay tutorial, raising suspicious about a possible listing in the coming days. Integrating Apple Pay will also provide wider crypto access, which may direct bigger liquidity toward meme coins like MOG and MOODENG. President Donald Trump’s re-election and expectations for looser crypto regulations may have influenced Coinbase’s recent decisions. Notably, all meme coin listings since PEPE have occurred following the Nov. 6 general election, after Republicans secured the White House and majority seats in the Senate. Read more: News Coinbase CEO to cut ties with firms that hire officials involved in Biden’s war on crypto