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Home»Analysis»Ethereum Memecoin is up 8,776% this year and is on the roadmap for Coinbase listings
Analysis

Ethereum Memecoin is up 8,776% this year and is on the roadmap for Coinbase listings

2024-12-04No Comments2 Mins Read
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Top US crypto exchange Coinbase has added a glowing memecoin to its list of potential upcoming listings.

In an announcement, Coinbase say that it has added MOG Coin (MOG) to its listing roadmap, which the exchange uses for transparency and to prevent insider trading in coins before they are listed on the exchange.

The announcement means that the company has determined that the asset is likely to be available for trading in the near future.

MOG is trading at $0.000002414 at the time of writing, up over 8.776% in the past year. With a market cap of $944.5 million, Mog Coin is the 138th largest crypto project.

MOG, which is available on both the Ethereum (ETH) and Base blockchains, is already listed on crypto exchanges such as Kraken, Gate, Bybit and Bitstamp.

The project calls the digital asset ‘the first cultural currency of the internet’. The memecoin’s name is derived from AMOG, which means the ‘alpha male of the group’, and its symbol is a ‘joycat’.

“The idea for Mog started as a fun meme among friends, and in the summer of 2023 the token was launched as a fair launch memecoin via a Uniswap V2 LP. Although it started as a joke among friends, when the project went live it immediately became clear that something very special had been created.

Mog immediately stood out from other projects with its open-ended memetic branding and unique content. Mog’s cultural foundation, effortless cosmic domination, is an idea and mentality that anyone can adopt and apply to any situation in life.

Coinbase also recently announced that it has added the new Solana (SOL)-based memecoin Moo Deng (MOODENG) to its listing roadmap.

See also  Grayscale Amends Ethereum ETF Filing, Saying Investors 'Want and Deserve' the Fund

MOODENG is trading at $0.53 at the time of writing. With a market capitalization of $526.4 million, it is the 206th largest crypto project.

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