PEPE Listed On Coinbase And Instantly Rockets 40% – Could This Other Frog Coin Be The Next To List On Coinbase?
PEPE will list on Coinbase, and the excitement is fuelling insane growth for new PEPE layer-2 Pepe Unchained (PEPU) – here’s why.
After a string of Binance token listings of multiple meme coins and AI coins, Coinbase has one-upped them by announcing the listing of Pepecoin (PEPE).
It started with a cryptic X post from Coinbase, with just a frog emoji, but has since been confirmed by Paul Grewal, the chief legal officer.
You've long wanted the frog. Well, soon you'll get the frog. @coinbase is adding PEPE to our listing roadmap with the goal of listing later today. Thanks for your patience.
— paulgrewal.eth (@iampaulgrewal) November 13, 2024
Announcement Of PEPE Coinbase Listing Comes After Robinhood Also Lists For US Investors
Grewal said that Coinbase is adding the top meme coin of this cycle to its listing roadmap and plans to list it later today. Grewal thanked the community for their patience, probably in response to the PEPE holders’ call for it to be listed under every Coinbase social media post.
It has been an extremely productive day for PEPE after Robinhood’s announcement that it has also listed PEPE, albeit for its US customers only. Alongside Pepe Coin, the exchange has also listed SOL, XRP, and ADA, bringing the total number of cryptocurrencies on the exchange to 19.
BREAKING: @RobinhoodApp LISTS MEMECOIN $PEPE (@pepecoineth) FOR SPOT TRADING pic.twitter.com/3F3XS9mC05
— DEGEN NEWS (@DegenerateNews) November 13, 2024
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PEPE Is In Esteemed Company As One Of Only Four Meme Coins Listed On Coinbase
PEPE will become only the fourth meme coin listed on Coinbase. The others are Dogecoin (DOGE), Shiba Inu (SHIB), and Bonk (BONK). This listing is extremely bullish for PEPE as it is one of only four meme coin offerings on an exchange with a reported 70 million+ users.
Meme coins are receiving the most attention from exchanges currently, fuelled by the ongoing narrative that this bull run will be a ‘meme coin supercycle’. As mentioned in the intro, Binance, the world’s largest crypto exchange by trading volume, recently listed two Solana meme coins, ACT and PNUT. Following their listing, these meme coins surged 1,300% and 250%, respectively.
It remains to be seen if Coinbase will now begin listing meme coins in greater numbers. With retail now entering the market and many looking for the next PEPE or DOGE, seeing the exchange open the gates to more meme coins wouldn’t be a surprise.
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The Frog Coin Has Responded Well To The Listing: It’s Up 43%
The Coinbase listing has bumped price up a shocking +43.9% in the past 24-hours, amid frenzied inflows of more than $11.49Bn in trading volume – showcasing the strength of Coinbase’s market platform.
As a consequence, PEPE price is now sat at a market cap of $7.81Bn, and could break $10Bn in the near future – s0 watch this space and stay tuned.
BONUS: Pepe Unchained Presale Has An End Date – The Race Is On Toward $50 Million In Funding Before The Closing Date
🐸HUGE ANNOUNCEMENT!🐸
In exactly 30 days, I repeat 30 DAYS! The presale for Pepe Unchained ends.
This is your LAST CHANCE to grab $PEPU before it hits Major exchanges!
Buy $PEPU in presale here: https://t.co/onpYoXlnyG pic.twitter.com/UtM95mrAvM
— Pepe Unchained (@pepe_unchained) November 13, 2024
Pepe Unchained is an upcoming Layer-2 (L2) built on Ethereum, aiming to become the central hub for meme coins. The team shares that same vision with Vitalik by utilizing the trust and security of Ethereum while harnessing the low fees and fast speeds that come with an L2 solution.
PEPU is still in presale and has just announced it has an end date! 30 days from today, the Pepe Unchained presale will come to an end before going live across DEX’s and Tier 1 CEX’s. It has already raised a ridiculous $28.2 million already, with calls for $50 million before the 30 days are up.
The team behind Pepe Unchained is serious about becoming a meme coin powerhouse, as evidenced in their ‘Frens With Benefits’ initiative. They have a grant scheme where blockchain developers can apply for funding to build a project on the PEPU network. The grants are now open, and anyone can apply here.
Following their listing of PEPE, investors will now be wondering whether Coinbase could be one of those rumored Tier-1 exchange listings.
There are just over 24 hours before the next price stage increase. This will likely be one of the final opportunities to secure a bag of PEPU at these low prices before it hits the exchanges.
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