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Coinbase, the third-largest centralized exchange by trading volume, has announced the listing of Popcat (SOL) (POPCAT) and Pudgy Penguins (PENGU) on the Solana (SOL) network.

The total market capitalization of the meme coin niche tanked to approximately $75 billion.

Memecoins PENGU and TRUMP are facing heavy losses and, nobody knows what's coming next.

The NFT market has pulled back sharply alongside a broader crypto selloff, with Bitcoin falling to $96,000 and Ethereum tumbling to $2,600. The latest data shows that the overall crypto market cap has contracted to $3.

The saga began after the Dec. 5 announcement of PENGU, the project's Solana-based memecoin, which initially sparked a rally in NFT prices.

Coinbase put three new assets on its listing roadmap: PENGU, POPCAT, and MORPHO. This announcement only caused momentary price gains for all three tokens, possibly suggesting that the market is less interested.

Cryptocurrencies on Feb.7, 2025, traded largely mixed. While several altcoins, including Flare (FLR) and Ripple (XRP), gained, recent outperformers such as Pudgy Penguins (PENGU), Bittensor (TAO) and Hyperliquid (HYPE) struggled with downside pressure. Bitcoin's retest of the $100k level was brief as the price retreated to below $98k.

Coinbase announces plans to list three new altcoins – POPCAT, PENGU, and MORPHO – following recent additions of popular memecoins, signaling expanded trading opportunities.

Pudgy Penguins recently burned over $150 million in unclaimed Solana tokens after ending its PENGU token claim earlier than expected.

Coinbase has announced plans to introduce perpetual futures contracts for three digital assets—PENGU, Popcat, and Helium (HNT). The new markets will launch on Coinbase International Exchange and Coinbase Advanced on February 13, 2025.

Coinbase, the top U.S.-based cryptocurrency exchange, has announced trading support for perpetual futures for Pudgy Penguins, Popcat, and Helium. On Feb. 6, Coinbase said it will add support for Pudgy Penguins (PENGU), Popcat (POPCAT) and Helium (HNT).

Pudgy Penguins recently burnt 12 billion PENGU tokens but the move did not prevent an 11.5% drop in token price.

Pudgy Penguins burned unclaimed Solana airdrop tokens earlier than originally planned, and PENGU's price dipped lower afterwards.

After a somewhat difficult start to the week, stablecoins, meme coins, and the crypto market in general saw a glimmer of light yesterday, with the introduction of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. Introduced by US senator Bill Hagerty, the bill aims to establish a regulatory framework for stablecoins.

The crypto trenches were lined with disappointment as Trump's tariffs nuked the charts. Can Dogecoin and other meme coins withstand a full-blown trade war?

Here is how some of your favorite assets concluded the week.

The NFT market has pulled back alongside broader crypto weakness, with Bitcoin falling to $101,000 and Ethereum dropping to $3,200. Latest CoinMarketCap data shows that the overall crypto market cap has slipped to $3.5 trillion from last week's $3.

With just five days left in the claim period, time is running out. Those who haven't grabbed their share of the popular token need to act fast.

CEO Luca Netz said that If it's not fun and viral, there's no reason to build on Abstract.

Smart buyers are looking at cheap tokens with much room to grow as the cryptocurrency market gets ready for its next big rise

During the first days of launch, Abstract, the layer-2 of Ethereum launched by Pudgy Penguins, is encountering difficulties in gathering liquidity.

Just $33 million worth of ether and stablecoins is currently deployed on Abstract.

The likely scenario for the Pudgy Penguin memecoin was a bounce to to collect liquidity before continuing its downtrend.

The crypto market's recovery has not benefited all altcoins, as some continue to face sharp declines. While Bitcoin holds steady at $102,200, several altcoins remain in a downtrend, struggling to regain momentum.