Coinbase has put three new assets on its inscription roadmap: Pengu, Popcat and Morpho. This announcement only caused momentary price gains for the three tokens, which may suggest that the market is less interested.
The two pieces even have endured recent volatility, but Morpho currently has substantial momentum. Nevertheless, this model was repeated on the three lists.
Does the Coinbase roadmap lose the relevance?
Coinbase, one of the main exchanges of crypto in the world, has just added three new assets to its inscription roadmap: Pengu, Popcat and Morpho.
As a rule, these additions cause enormous points in the price of an asset, but that has not happened today. These three pieces experienced a brief price jump, but these gains quickly evaporated.
It is currently not known why these gains have been so ephemeral. Two of the new assets on the Coinbase roadmap, the popcat and Le Pengu, are even notable pieces. Both, however, have experienced recent price problems.
Pengu, for its part, has reached its lowest price at the end of January and shows small signs of recovery. Popcat’s decline took place in December, but it also remained weak.
Morpho, on the other hand, stands out from the other offers from the Coinbase roadmap. It is not a coin but a legitimate DEFI project creating an infrastructure for the stockings on a chain.
It was an efficient in January and even concluded a partnership with Coinbase. This can explain why he is on the roadmap, but not why he also underperform.
It may be too early to determine what impact a future list will have on these assets. At the time of writing this document, Coinbase put them on its roadmap only a few hours ago, and more dramatic changes can occur throughout the week.
However, the same currency space is extremely fast, which makes it unlikely. Instead, another explanation is possible.
The last two additions to the Coinbase roadmap before this bear remarkable similarities. When he scored Mog in December, the active price continued to fight.
Last month, when he listed Toshi, the immediate price peak was quickly reduced by new profits. The asset still grew up that day, but these gains turned out to be ephemeral.
Morpho’s inclusion also proves that these trends are not linked to recent market performance. Maybe these Coinbase ads lose their ability to move merchants.
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