Introduction
The price of Keyboard Cat (KEYCAT) shot up nearly 32% within 24 hours after the meme token was added to Coinbase’s official listing roadmap. The announcement, posted on March 28 via the exchange’s official X (formerly Twitter) account, caused a sharp rise in trading volumes and renewed investor interest in the token, which is inspired by one of the internet’s earliest viral memes. With momentum building, the crypto community is closely watching to see where KEYCAT heads next.
What Is Keyboard Cat (KEYCAT)?
KEYCAT is a meme coin that takes its name from the viral 2007 video of a cat named Fatso “playing” an electronic keyboard. The video quickly became a staple of early internet humor and is widely considered one of the original internet memes. Riding that legacy, the KEYCAT token was launched in early 2024 as a community-driven project for meme culture fans, NFT collectors, and traders.
The token is built on Base, an Ethereum Layer 2 blockchain that aims to offer low-cost, high-speed transactions. Unlike traditional utility or finance-based tokens, KEYCAT finds its value in online culture and popularity. Although humorous in origin, it has grown into a serious project with a dedicated holder base. Just recently, it celebrated its first anniversary.
Details of the Coinbase Announcement
Coinbase’s announcement stated that KEYCAT is now part of its roadmap, a preliminary step before a full listing. The exchange confirmed that trading will begin once market-making support and technical conditions are met. While this does not guarantee an immediate listing, roadmap inclusion is often a strong signal of intent to list soon.
Market reaction was swift. The token surged by about 50% following the news before leveling off to a 32% gain. At the time of writing, KEYCAT is trading above $0.006, with a market capitalization of over $62 million, up from approximately $41.5 million prior to the announcement. The 24-hour trading volume also saw a dramatic increase, climbing to $12.4 million, which represents a 323% jump.
Despite the current excitement, KEYCAT still has ground to cover before it reaches its all-time high market cap of $142.7 million, which it hit in November 2024. Still, the recent rally shows that investor interest remains strong, especially when sparked by major developments like a potential Coinbase listing.
Possible Impact on Price and Community
The addition to Coinbase’s roadmap could boost investor confidence, improve liquidity, and attract new users once trading is enabled. However, since the listing hasn’t occurred yet, and technical approvals are still pending, there’s a risk that the price could pull back if interest fades.
The community reaction has been mixed. While some believe KEYCAT could retest its all-time highs, others are more cautious, noting that memecoins tend to be volatile and often rely on internet buzz rather than long-term fundamentals.
Conclusion
The inclusion of KEYCAT in Coinbase’s listing roadmap has reignited interest in the meme token and triggered a sharp price spike. Whether this leads to a longer rally depends on market sentiment and continued support from its community. For now, KEYCAT is back in the spotlight - but as always in crypto, trends can change quickly.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions.
