High US crypto trade 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 trade 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 out there 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 undertaking.
MOG, which is out there on each the Ethereum (ETH) and Base blockchains, is already listed on crypto exchanges corresponding to Kraken, Gate, Bybit and Bitstamp.
The undertaking 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 buddies, 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 buddies, when the undertaking went stay it grew to become instantly clear that one thing actually 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 might be utilized to any scenario in life.”
Coinbase additionally lately announced 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 undertaking.
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