Coinbase to list MORPHO token tomorrow, price jumps 9%

Key Takeaways

Coinbase will list Morpho Token on the Ethereum and Base networks starting February 27, 2025.
MORPHO’s price increased by 9.6% following the listing announcement, amid overall market volatility.

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Coinbase announced today the listing of Morpho Token (MORPHO) on both the Ethereum and Base networks, with trading set to begin tomorrow. The token’s price rose by 9.6% in the 24 hours following the announcement, according to CoinGecko data.

Trading for MORPHO will commence on or after 9 AM PT on February 27, 2025, subject to sufficient liquidity conditions.

Morpho Token is a DeFi token designed to facilitate cross-chain asset transfers and enable participation in decentralized exchanges and other DeFi platforms.

The listing follows Coinbase’s February 7 announcement adding MORPHO to its listing roadmap alongside Pudgy Penguins (PENGU) and POPCAT.

The token’s price movement comes amid significant market volatility, with the Crypto Greed & Fear Index dropping to 21 points.