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Reading: PEPE Meme Token Sees Significant Price Surge Following Major Exchange Listings
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COINTURK NEWS > Meme Token > PEPE Meme Token Sees Significant Price Surge Following Major Exchange Listings
Meme Token

PEPE Meme Token Sees Significant Price Surge Following Major Exchange Listings

In Brief

  • PEPE token increased by 94% in the past week due to exchange support.

  • Coinbase and Robinhood's backing may enhance interest in meme coins.

  • Current fluctuations reflect the volatility of the memecoin market.

İlayda Peker
İlayda Peker 1 year ago
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The popular frog-themed meme token PEPE has gained attention by increasing by 94% over the past week. The support from Coinbase, a leading cryptocurrency exchange based in the United States, continues to bolster the value of PEPE.

Contents
Coinbase ListingRobinhood’s Cryptocurrency Expansion

Coinbase Listing

Coinbase’s recent announcement indicated that users can buy, sell, swap, store, and convert PEPE. This listing has made PEPE accessible to a broader investor audience.

The listing news positively impacted PEPE’s price, raising it by 16% from a low on November 14. This increase reflects the upward trend in the market ahead of the presidential elections.

Robinhood’s Cryptocurrency Expansion

Robinhood announced this week that it will add more altcoins, including PEPE, to its offerings. Other cryptocurrencies like Cardano (ADA) $0.246513 and XRP are also expected to be included in their portfolio.

Johann Kerbrat, Vice President and General Manager of Robinhood Crypto, stated, “We have received requests from our customers for more access to digital assets and are excited to continue expanding our crypto offerings.”

Currently, PEPE is trading at $0.00002147, having experienced a 6% decrease in the last 24 hours. This fluctuation is considered indicative of the volatility in the memecoin market.

The support from major exchanges like Coinbase and Robinhood could heighten interest in meme coins, potentially positively influencing the future performance of these assets. Market participants note that exchange listings are significant for activity within the cryptocurrency market.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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İlayda Peker 16 November, 2024 - 5:40 pm 16 November, 2024 - 5:40 pm
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