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Coinbase Announces Three New Listings: Meme Coins Shine, Solana and DeFi in the Spotlight
In a surprise move, Coinbase has announced the listing of three new cryptocurrencies on its platform. The additions signal a significant shift towards embracing meme coins and decentralized finance (DeFi) solutions.
Firstly, the exchange will be listing Morpho (MORPHO), a non-custodial lending protocol that optimizes borrowing and lending processes on Aave and Compound. This move underscores Coinbase’s commitment to supporting innovative DeFi projects, which have been gaining traction in recent times.
The second new listing is Pudgy Toys, an NFT marketplace focused on community-driven collectibles. While not a traditional meme coin, Pudgy Toys’ unique approach has garnered significant attention within the crypto space.
Lastly, but certainly not least, Solana (SOL) will also be joining Coinbase’s platform. As a fast and secure blockchain network, Solana has been gaining popularity among developers due to its impressive scalability and energy efficiency.
These new additions come as no surprise given the recent surge in meme coins’ popularity. It seems that institutions like Coinbase are now recognizing the potential of these “joke” coins.
Source: https://u.today/coinbase-announces-three-new-listings-with-meme-coins-solana-and-defi-in-focus
