Coinbase to list MOG meme coin

Coinbase’s glut of meme coin listings continued on December 3 with the addition of Mog Coin to the platform’s trading roadmap.

US crypto exchange Coinbase has announced the latest addition to its listing roadmap, Mog Coin (MOG), according to a tweet from the company’s private assets page on X. Coinbase stated that the company will list MOG on Base, the Ethereum layer-2 scaling solution. There is approximately $4 billion in user deposits or total value locked.

MOG’s price rose 23% within an hour of the announcement, according to DEXScreener data. The token’s market cap has reached nearly $1 billion, making it the tenth largest meme coin by valuation.

Base network contract address for MOG Coin (MOG): 0x2Da56AcB9Ea78330f947bD57C54119Debda7AF71

— Coinbase Assets 🛡️ (@CoinbaseAssets) December 3, 2024

Coinbase’s meme coin listing spree includes a basket of the speculative sector’s top tokens. Indeed, the crypto exchange added Pepe (PEPE), Floki (FLOKI), Dogiwfhat (WIF), and Moo Deng (MOODENG) for users in less than a month.

The digital asset titan may also list the viral meme coin Peanut The Squirrel (PNUT). As crypto.news reported, PNUT was featured in the company’s Apple Pay training, casting doubt on a possible listing in the coming days.

Integrating Apple Pay will also enable broader crypto access, which could direct more liquidity to meme coins like MOG and MOODENG.

The re-election of President Donald Trump and expectations for looser crypto regulations may have influenced Coinbase’s recent decisions. Notably, all meme coin listings since PEPE have occurred following the November 6 general election, after Republicans won the White House and majority seats in the Senate.