An Ethereum (ETH)-based meme coin is skyrocketing after being launched on the highest US-based crypto alternate by buying and selling quantity platform Coinbase.
In a brand new thread on the social media platform X, Coinbase Belongings says it’s including assist for the meme asset Mog Coin (MOG), a cat-themed token that launched in July 2023.
“MOG Coin is now dwell on http://coinbase.com and within the Coinbase iOS and Android apps. Coinbase prospects can log in to purchase, promote, convert, ship, obtain or retailer these property.”
Information of the itemizing despatched MOG flying because the meme asset went from low of $0.000002375 on December fifth to a peak of $0.000003418 the next day. It has since stabilized and is buying and selling for $0.000003335 at time of writing, a 36% improve over the past 24 hours.
Earlier this week, one other animal-themed meme coin earned the assist of Coinbase however met the other destiny. On Monday, the crypto alternate introduced that it’s itemizing Moo Deng (MOODENG), a Solana (SOL)-based, pygmy hippopotamus-themed meme token.
Moo Deng – which implies “bouncy pork” in Thai – first grew to become an web sensation when it was born on the Khao Kheow Open Zoo in Thailand this summer time. The animal went viral once more after appropriately “predicting” the 2024 US Presidential election in November.
Nonetheless, regardless of its web fame, the meme asset didn’t carry out properly as soon as incomes assist from Coinbase because it dipped from a peak of $0.596 on December 4th to a low of $0.448 a few day later, a 12% lower. It has since stabilized and is buying and selling for $0.468.
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