Major cryptocurrency exchange Coinbase has once again surprised the community by adding meme cryptocurrencies PEPE and Dogwifhat (WIF) to its platform. This move comes amidst a growing interest in such coins.
Coinbase Listing Expansion
In the last 24 hours, Coinbase announced the listing of the meme coin PEPE. According to Coinbase Chief Legal Officer Paul Grewal, the decision came in response to high user demand. Shortly thereafter, Coinbase also added another meme coin, Dogwifhat, which is based on the Solana blockchain.
Price Surge of PEPE and Dogwifhat
Following the listing on Coinbase, both cryptocurrencies saw significant price increases. PEPE rose by 80%, while Dogwifhat surged by 36%. The rapid rise in PEPE propelled it to the 15th largest cryptocurrency by market cap, while Dogwifhat reached the 26th spot.
Meme Cryptocurrency Market
Meme coins continue to gain popularity. According to Santiment, cryptocurrencies like DOGE, PEPE, and WIF have shown the best returns in recent weeks.
The listing of meme cryptocurrencies PEPE and Dogwifhat on Coinbase underscores their increased popularity and current market trends.