Popcat, a cryptocurrency, has been listed on Coinbase, leading to a notable increase in its market capitalization, which is now reported at $200 million. This listing comes at a time when Bitcoin is trading at approximately $97,000. The announcement of Popcat's listing has generated significant trading activity, with reports of a 'massive bounce' in its price shortly after the news broke. Some commentators have criticized Coinbase for its listing practices, suggesting that the platform often waits until a cryptocurrency has significantly declined before including it. Despite this critique, the listing of Popcat has been met with enthusiasm in the market.