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The negative fluctuations in the cryptocurrency markets continue as Elon Musk speaks. Coinbase has announced the upcoming listing of a new altcoin. Investors, hopeful for the near term, are still recovering from the shock of Bitcoin 
$103,169‘s inability to bounce back, which casts a significant shadow on overall market sentiment.
Coinbase’s Altcoin Listing Announcement
Coinbase has just revealed its plan to list a new altcoin. The popular cryptocurrency exchange will list MORPHO tomorrow. Following the announcement, the altcoin’s price experienced a slight increase despite the prevailing negativity in the broader market.
Support for both Ethereum 
$2,480 and BASE networks will be added simultaneously, with the listing expected to occur at the same time tomorrow. Coinbase has also warned investors about fake tokens by sharing official smart contract addresses.
The Ethereum network (ERC-20 token) contract address for Morpho (MORPHO) is 0x58D97B57BB95320F9a05dC918Aef65434969c2B2.
The Base network contract address for Morpho (MORPHO) is 0xBAa5CC21fd487B8Fcc2F632f3F4E8D37262a0842.
As of the writing of this article, the price of BTC is finding buyers at $87,024, and losses in altcoins have yet to be recovered. The PCE data coming this Friday stands out as the week’s most significant event.
