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PEPE Coin’s simultaneous listings on Coinbase and Robinhood have electrified its market position, boosting its price by nearly 48% and pushing the market cap over $8 billion. This high-profile double debut sets a fresh tone for meme cryptocurrency listings.
Long-Awaited Listing on Coinbase Brings Pepe Coin to U.S. Crypto Giant
It has just come to light that the most prominent cryptocurrency exchange in the United States is finally going to include the widely-used joke cryptocurrency Pepe Coin (PEPE).
Digital currency exchange. Paul Grewal, the exchange's chief legal officer, has publicly verified this. "You've wanted the frog for a long time. Well, you're about to get the frog," Grewal said in a post on X.
Robinhood and Coinbase Announce PEPE Listings Within an Hour
Most amusingly, the announcement that PEPE, a meme cryptocurrency, had been listed on Robinhood—also a prominent U.S. brokerage platform—came within an hour of the announcement that it had been listed on Coinbase.
Coinbase finally agreed to sell the "frog" cryptocurrency after more than 18 months of requests from PEPE fans; however, they waited until their main competition, the exchange's direct competitor, announced a comparable move.
PEPE's Price Surges Following Major Exchange Listings
U.Today points out that the price of the popular meme cryptocurrency skyrocketed 47.8 percent in just one hour, perhaps due to the impact of all these highly anticipated announcements.
With a trading volume of $8.55 billion and a market capitalization of $8.09 billion, the meme cryptocurrency is currently selling at roughly $0.000019 per PEPE. Last but not least, PEPE is supposedly one of the top nine assets in the cryptocurrency market right now, which is absolutely insane.
Future Price Trends for PEPE Remain Uncertain After Coinbase Debut
Due to the fact that fifty percent of the meme coin's price has already been contributed, it is currently unknown how the long-awaited listing on Coinbase will influence the future behavior of the PEPE price.
At the same time, it is a fact that listing the "frog" on the largest cryptocurrency exchange in the United States will result in widespread distribution, popularity, and, consequently, attention.
