In a strategic move to broaden its global reach and offer enhanced trading possibilities, Coinbase International, the global arm of the renowned Coinbase exchange, has proudly announced a significant achievement—listing its 100th perpetual futures contract. This accomplishment underscores Coinbase’s dedication to diversifying trading options and solidifying its international presence.
Celebrating the 100th Listing: A Landmark Achievement
Recently, Coinbase International took to social media to share this exciting development, stating, “We’ve officially listed our 100th perpetual future on Coinbase International Exchange. That’s 100 unique opportunities for you to diversify, trade, and grow.” The sentiment reflects their enthusiasm and readiness to forge ahead, with hints of even more listings on the horizon.
Upcoming Perpetual Futures: Expanding Horizons
The milestone is further bolstered by the announcement of four upcoming perpetual futures listings, including Moo Deng, Algorand, The Sandbox, and Mog Coin. These additions are set to enhance trading opportunities on both Coinbase International Exchange and Coinbase Advanced platforms. As noted by Coinbase, the new markets for MOODENG-PERP, ALGO-PERP, SAND-PERP, and 1000MOG-PERP are scheduled to open on or after 9:30 am UTC, December 12, 2024.
The Rise of MOG Coin: A New Contender
Mog Coin, a meme token that operates on Ethereum’s layer-1 blockchain, has captured significant attention following its inclusion on Coinbase’s listing roadmap on December 3, 2024. This announcement led to a remarkable 20% surge in the token’s value, catapulting its market cap to nearly $1 billion. With this boost, MOG now ranks among the top 150 cryptocurrencies by market capitalization.
Continuing the Trend: Moo Deng and More
Coinbase’s decision to include MOG Coin aligns with previous successful listings of meme tokens, such as Moo Deng (MOODENG), which experienced an impressive 80% value increase upon its listing. These moves highlight Coinbase’s strategy to tap into the growing popularity and market potential of meme tokens.
Algorand: An Eco-Friendly Blockchain
Algorand positions itself as a single-layer blockchain offering energy efficiency, quantum security, instant finality, high throughput, and low transaction fees. Since December 1st, the network has witnessed a staggering 300% increase in active addresses, climbing from 123,000 to over 427,000. This exponential growth, driven by increasing adoption and blockchain utility, has propelled the ALGO price to a peak of $0.6133.
The Sandbox: A Virtual World of Opportunities
The Sandbox presents a virtual universe where users can create, own, and monetize their gaming experiences using NFTs and the SAND token. As of the latest update, the SAND token has seen a modest rise of 0.63% in the last 24 hours, reaching a price of $0.90. This reflects the ongoing interest and investment in virtual worlds and digital assets.
