The cryptocurrency market witnessed a significant price surge for Notcoin (NOT) and Book of Meme (BOME) on June 14, with NOT rising 19% and BOME increasing by 13%. This price rally is primarily attributed to Coinbase's decision to extend support to these tokens.

Coinbase's Support for NOT and BOME

Coinbase, a leading global cryptocurrency exchange, recently announced that it will add support for Book of Meme and Notcoin perpetual futures on its International Exchange and Advanced platforms. Starting June 20, users will be able to participate in trading of BOME-PERP and NOT-PERP markets. This move highlights Coinbase's efforts to provide a seamless and increased-exposure trading experience for its users.

The listing of perpetual futures for NOT and BOME is expected to drive their prices higher, similar to the experience of other perpetual listings on Coinbase. Meme coins such as Shiba Inu, Floki, and BONK have seen significant gains after being listed on Coinbase.

Market Participants Optimistic

The listing of NOT and BOME on Coinbase has generated significant optimism among market participants. The prices of these tokens are expected to continue their uptrend, driven by increased trading activity and investor enthusiasm.

NOT and BOME Prices

The price of NOT surged 18.66% in the past 24 hours to $0.02048, with 24-hour lows and highs at $0.01682 and $0.02146, respectively. BOME's price increased by 13.03% to $0.01089, with 24-hour lows and highs at $0.009429 and $0.0113, respectively.

Coinglass data highlights the strong market uptrend for Notcoin, with Futures OI surging 8% to $250.36 million and derivatives volume up by 12.60% to $3.68 billion. Similarly, BOME's Futures OI increased by 14.69% to $92.90 million, accompanied by a derivatives volume upswing of 161.44% to $608.30 million. This data illustrates increased investor enthusiasm for these assets, painting a bullish market portrait at press time.