The Ethereum-based meme coin Pepe has been listed on major centralized exchanges Coinbase and Robinhood, causing its price to surge by 87% to a new all-time high.
Pepe Reaches New High: A Step to Dethroning SHIB
Coinbase and Robinhood announced Pepe listings on Wednesday, causing the price to explode. Meanwhile, Solana-based meme coin Dogwifhat was also listed, but Pepe takes the spotlight. Pepe has become the fifth most-traded cryptocurrency, reaching a market capitalization of $10 billion, edging closer to overtaking Shiba Inu's $15.3 billion mark.
Coinbase and Robinhood List Pepe
Listing on platforms with a combined user base of roughly 130 million, like Coinbase and Robinhood, has given Pepe access to a large pool of retail investors. Analysts cite SHIB's previous impressive gains after a Coinbase listing as a potential pattern for Pepe. Recently, Binance added other meme coins, which also experienced significant growth.
Pepe Unchained: The Next 10x Jump?
Pepe Unchained is set to launch in 29 days, aiming to create the first meme-coin-themed Ethereum layer 2 blockchain. Its potential 10x growth is attributed to the unique blend of meme culture and blockchain innovations. Already raising $29 million in its presale, the project is eyeing listings on major exchanges.
Pepe and Pepe Unchained show significant potential in the meme coin market. Listing on top exchanges has sparked considerable interest in these new cryptocurrencies.
