Pepe Coin is set to be listed on the Coinbase exchange, just as the Robinhood exchange listed PEPE. This development provides more bullish momentum for the meme coin, which has just reached a new all-time high (ATH) following the news.
Coinbase To List Pepe Coin (PEPE)
Coinbase’s Chief Legal Officer (CLO) Paul Grewal revealed in an X post that the top crypto exchange will list Pepe Coin (PEPE) today. He mentioned that Coinbase is adding the top meme coin to their listing roadmap with the goal of listing it later today. Grewal thanked PEPE community members for their patience, considering that they have been calling the exchange to list the meme coin for a while now.
Coinbase also confirmed the plans to list PEPE in a cryptic X post, sharing a frog emoji. This development follows Robinhood’s announcement that it has listed PEPE for its US customers. The exchange also listed Solana, XRP, and ADA, bringing the total number of cryptocurrencies on the exchange to 19.
Meanwhile, it is worth mentioning that PEPE will become the fourth meme coin that Coinbase will list, the others being Dogecoin, Shiba Inu, and BONK. These PEPE listings are bullish for the meme coin as it would boost its adoption, especially among retail investors.
Meme coins seem to be getting the most attention from exchanges at the moment, especially with this bull run considered a ‘meme supercycle.’ Binance, the world’s largest crypto exchange by trading volume, recently listed two Solana meme coins, ACT and PNUT. These meme coins surged 1,300% and 250% on the back of the listing.
New All-Time High For The Frog-Themed Coin
Pepe Coin rallied to a new all-time high (ATH) of $0.00001944 and a market cap of $8 billion following the Coinbase and Robinhood development. The top meme coin is up almost 50% today and has broken into the top 20 cryptos by market cap.
However, crypto analyst Crypto Rover suggested this is just the beginning of the Pepe Coin rally. According to him, the PEPE price breakout has started now, and he opined that it could still witness a 10x increase from its current level.
Meanwhile, crypto commentator Res mentioned how the Shiba Inu price rallied from $4 billion to a $40 billion market cap following the Coinbase listing. Res predicts that the Pepe Coin could witness a similar explosive move.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across DeFi, NFTs, smart contracts, and blockchain interoperability, among others. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover and a part-time degen.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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