This is very significant information in the Crypto community! Meme coin #MOODENG has seen remarkable growth after receiving news that it will be listed on the Coinbase exchange. This move not only helped MOODENG surge in price but also attracted significant interest from investors. A few highlights:
1. Price growth: $MOODENG has increased from 0.3 USD to nearly 0.6 USD in just one hour, demonstrating its appeal to traders. Currently, the price has stabilized around 0.55 USD, up over 56% in the last 24 hours.
2. Market data:
• Market capitalization: 552 million USD.
• 24-hour trading volume: 556 million USD, indicating a large influx of capital.
3. Meme coin trend: Coinbase seems to be expanding its list of meme coins, taking advantage of the market trend and the popularity of coins like PEPE or WIF.
4. Positive legal signals: The listing of many meme coins and changes in the legal landscape in the US (such as the SEC possibly having new leadership) may create more favorable conditions for Crypto coins that do not belong to mainstream asset groups.
5. COIN50 Index: This is a strategic move by Coinbase to bring transparency to the market and provide a useful tool to track top coins.
MOODENG quickly won the favor of the community not only because of the interesting story about the hippo Moo Deng but also thanks to the positive effect from being listed.
Recently, Coinbase also launched an index called COIN50 (Coinbase 50 Crypto) to track the top 50 coins in the current Crypto market. $BTC BTC accounts for the largest proportion in this index at 51.26%, followed by $ETH (26.35%), $SOL (6.91%), $DOGE (3.06%), #XRP (2.25%) and #ADA (1.45%).
