Coinbase Drops a Whiskered Bombshell: POPCAT and PENGU Listings Are Pouncing In! 🐾💎

“Coinbase Drops a Whiskered Bombshell: POPCAT and PENGU Listings Are Pouncing In! 🐾💎”

The good folks over at Coinbase have decided to play Noah, welcoming two quirky new creatures onto their modern-day ark of tokens. Starting February 13, 2025, the Solana-minted misfits, POPCAT and Pudgy Penguins (PENGU), will hit the trading floors. The exchange—straight-faced and serious, as always—reminded users that this feline and flightless bird duo will only spread their wings if someone actually shows up to trade. Liquidity first, profits later, as they say.

“Trading will begin on or after 9AM PT on 13 February 2025 if liquidity conditions are met. Once sufficient supply of this asset is established, trading on our POPCAT-USD and PENGU-USD trading pairs will launch in phases.”

And here’s the kicker: try sending these tokens through the wrong blockchain, and poof💥—your money disappears faster than socks in a laundromat. Only Solana will do, folks. Oh, and don’t forget, trading may be restricted in some places. If you’re one of the unlucky ones, maybe it’s time to rethink your neighborhood—or your life choices.

Market Fever: Panic-Buy or Smart Move? 🤷‍♂️

The crypto world, predictably, lost its collective mind over the announcement. Prices for both tokens bolted like a cat hearing a can-opener. POPCAT? Up by 20% in 24 hours, with trading volume skyrocketing 140%. PENGU wasn’t far behind, waddling to a respectable 7% price increase and 120% volume surge. The speculative frenzy is real, folks. Apparently, having your token name drop at Coinbase is like a magic spell for price charts.

A crypto sage (or maybe just a guy who bought early) took to social media to proclaim the “Coinbase effect” yet again. But hey, let the fandom dream on: their wallets are laughing all the way to the blockchain.

Futures Trading: Now With Even More Risk! 🥳

Let’s stir the pot a little more, shall we? Coinbase has rolled out perpetual futures trading for POPCAT and PENGU, alongside something called HNT-PERP (because apparently, we needed another acronym to confuse us). Limit, market, stop, and stop-limit orders are now live. Basically, if you’ve got a PhD in trading jargon, you’re going to love it.

“Our PENGU-PERP, POPCAT-PERP, and HNT-PERP markets are now in full-trading mode on Coinbase International Exchange and Coinbase Advanced.”

Oh, and here’s an eco-friendly twist for you. PENGU, the NFT-linked token, has burned over 13.69% of its supply—which totally sounds like something intentional and not at all “oops.” But hey, less supply equals more value, right? That’s Economics 101 (citation needed). Pudgy Penguin diehards will probably be framing that number, 13.69%, like some kind of cryptic treasure map. 🐧🔥

2025-02-13 15:38

Market Fever: Panic-Buy or Smart Move? 🤷‍♂️

Futures Trading: Now With Even More Risk! 🥳

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