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**3 Exciting New Crypto Listings to Focus on This Week**
Major exchanges are preparing for a flurry of new crypto listings this week, with several notable tokens set to go live. Among these, Binance is slated to list two fresh additions: Simon’s Cat (CAT) and Pudgy Penguins’ PENGU.
First up is CAT, which has already seen its price surge following the announcement. As one of the meme coins, its market cap now stands at $433 million, ranking it 27th among other meme coin projects. The token’s fully diluted valuation is expected to reach near $520 million.
**Pudgy Penguins’ PENGU**
Next up is PENGU, native token for the popular NFT collection Pudgy Penguins. Notably, this listing will be the first distribution of PENGU tokens. Although not yet actively traded, investors are likely keeping a close eye on its market performance following its impending debut.
In other news, South Korean exchange Upbit has already listed MOCA Network’s governance token (MOCA), which has seen an astonishing 370% price surge in just hours. The listing includes pairs for the Korean Won (KRW), Bitcoin (BTC), and USDT.
**MOCA Network’s Explosive Growth**
It’s worth noting that trading volume skyrocketed a staggering 7,500% to reach $1.32 billion, with its market cap increasing by over 205%. Two large-scale transactions were observed on Bybit, involving 9.5 million MOCA tokens (valued at $3.55 million). This whale activity could have significant implications for the token’s future trajectory.
The surge in price and trading volume is a testament to growing trader confidence and heightened speculative activity. The sharp increase in open interest (OI) has reached $33.27 million, signaling a high level of enthusiasm from investors and traders alike.
These new listings – Binance’s PENGU and CAT, along with Upbit and Bithumb’s MOCA – have already shown significant price action. As such, investors should keep a close eye on these tokens to capitalize on any potential opportunities that may arise.
**Stay Informed**
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Source: coinchapter.com
