The support from Coinbase and Robinhood has helped Pepe reach a new all-time high, increasing its price by 77% over the past 24 hours.
Exchange Listings and Price Surge
The recent Pepe listings have reminded us of the important role that centralized exchanges play in bull markets. Pepe is currently trading at its highest-ever price of $0.00002374 with a market cap just below $10 billion. Trading volume has also seen a huge rise, jumping 197% in the past 24 hours to $19.8 billion, making it the fifth most-traded cryptocurrency.
Whale Purchases
Blockchain analysis shows that large investors have accumulated significant amounts of Pepe. One whale increased their holdings by over $17 million in just an hour before the news was published.
New Meme Coin Pepe Unchained to List On Exchanges Soon
Pepe Unchained, one of the year's hottest crypto projects, conducted a presale raising $28.8 million. The project will soon be listed on tier-1 exchanges like Coinbase and Robinhood, and there are high expectations for investors in the coming weeks.
Centralized exchanges continue to play a crucial role in the crypto market's growth, especially in the meme coin segment, highlighting the recent success of Pepe and the pre-launch prospects of Pepe Unchained.