Coinbase has been aggressively listing a series of memecoins, including the latest addition of Movement (MOVE) on the Ethereum network. This approach has led to speculation that Coinbase's stock could reach $500, as the exchange positions itself ahead of competitors like Binance, which some accuse of listing 'insider scams.' The memecoin supercycle appears to have begun, with Coinbase's listings keeping the momentum alive. However, some market observers express concern that the rapid succession of listings may dilute their individual impact due to market saturation. Meanwhile, Ethereum has surged through $3,800, showing resilience as Bitcoin experiences a downturn. Ethereum is up 6% against Bitcoin and is now eyeing the $4,000 milestone, with some predicting it could reach $5,000. The contrast between Ethereum's strength and Bitcoin's struggles has captured the attention of the crypto community.