Pepe, the Ethereum-based meme coin, rallies 87% to an all-time high after listing on Coinbase and Robinhood. #partnercontent
Following its listing on Coinbase and Robinhood, the Ethereum-based joke currency Pepe surges 87% to reach its highest point ever.
A meme currency based on Ethereum Pepe’s price increased by 87% today as a result of its listing on well-known controlled exchanges Coinbase and Robinhood.
Although it is now trading at its highest point ever, $0.00002381, experts believe even more increases are still to come.
Pepe’s price hits a new all-time high of less than $5.3 billion to switch SHIB.
On Wednesday, Coinbase and Robinhood both revealed Pepe listings, which instantly sent the price skyrocketing.
The focus has been on Pepe, but Coinbase also recognized Dogwifhat, a meme currency based on Solana. In the same time frame, WIF has increased 40% while Pepe has increased 87%.
Pepe has demonstrated resilience in the face of other recent Robinhood listings. Solana and Cardano, which have both surged 8% today, were listed alongside Pepe on the American stock and cryptocurrency trading site.
Pepe is obviously the center of attention at the moment. Its astounding $20.1 billion trading volume, which places it as the sixth most-traded cryptocurrency, further demonstrates this.
Additionally, its market capitalization appears to be headed toward a flip of Shiba Inu’s. At the moment, SHIB is valued at $15.3 billion, whereas Pepe is valued at $10 billion.
Before the year is over, a new second-in-command meme currency could emerge.
Pepe is made available for retail by Coinbase and Robinhood.
Pepe’s listings on Coinbase and Robinhood are only the beginning of the celebration. Instead, it’s only beginning.
Approximately 130 million people use these two networks together, many of whom are retail consumers without self-custodial wallets.
Pepe may reach a large number of retail investors by listening on various channels; these investors usually support meme currencies and meme culture.
Analysts cited the last cycle, in which SHIB boosted 25% of the announcement of a Coinbase listing; nevertheless, the long-term returns were far larger.
SHIB’s market capitalization skyrocketed from $4 billion to $40 billion in the subsequent month.
This week, Tier-1 exchanges have placed themselves in a strategic position in the center of the meme coin story.
Binance made news on Monday when it listed ACT I: The AI Prophecy and Peanut the Squirrel, both of which saw a 10x increase in value over the next several days.
In the future, Pepe Unchained, another meme coin, is getting ready to debut on tier-1 exchanges.
In 29 days, Pepe Unchained will go live on exchanges. Will it be the next 10x meme coin?
Pepe Unchained is establishing a solid reputation in the market despite not having yet gone public.
In order to create the first Ethereum layer 2 blockchain with a Pepe theme in history, $29 million has been raised during a presale.
In approximately 29 days, the project will debut on tier-1 exchanges. Whether this refers to Coinbase, Robinhood, Binance, Kraken, Crypto.com, etc., is still up in the air.
Pepe Unchained sets itself apart from other meme coins by fusing cutting-edge functionality with the appeal of Pepe’s viral brand.
With 100 times quicker speeds and significantly lower costs, the layer 2 blockchain seeks to become Ethereum’s home for meme currencies.
A dedicated Ethereum bridge, staking, a block explorer, a meme currency generator, and other features will be included on the blockchain.
Investors are flooding the presale because it’s uncommon for a project to successfully combine blockchain innovation with meme culture.
However, it also helps that leading experts have given PEPU their blessing. For example, according to the Cryptonews YouTube channel, its price may increase by ten times.
The expert emphasizes that PEPU will soon be listed on exchanges, nevertheless.
At this point, we could witness a price spike similar to that of ACT I: The AI Prophecy, Pepe, or Peanut the Squirrel.