High 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 forestall 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 venture.
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 venture calls the digital asset “the web’s first tradition coin.” The identify of the memecoin is derived from AMOG, which implies the “alpha male of the group,” and its image is a “joycat.”
“The concept for Mog started as a enjoyable meme amongst buddies, and within the Summer season 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 venture went reside it turned instantly clear that one thing actually particular had been created.
Mog instantly set itself other than different tasks by way of 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 state of affairs in life.”
Coinbase additionally not too long ago 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 venture.
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