This Popular Meme Coin Soars with Coinbase‘s Support: Details
TL;DR
- pepe has outperformed other meme coins with a 6% daily and 40% weekly price increase, boosted by its addition to Coinbase’s trading program.
- Its value has increased by nearly 1,800% in the past year, and its market cap is now almost $3 billion.
Popular frog-themed meme coin – Pepe (PEPE) – It is among the best performers in the cryptocurrency marketwith him price rising by 6% on a daily scale. Besides, Its valuation rose almost 40% in a week.
PEPE Price, Source: CoinGecko
Compared to dogecoin (DOGE), Shiba Inu (SHIB) and dog hat (WIF) recorded some losses in the last 24 hours.
PEPE’s latest green wave came shortly after leading crypto exchange Coinbase expanded support for the token. Especially, introduced Pepe’s perpetual futures on Coinbase International Exchange and Coinbase Advanced.
Meme money earlier this month dog hat (WIF) also witnessed a resurgence in prices following similar actions by Coinbase. Worth it rose It rose 15% after the company added WIF permanent contracts.“The opening of our 1000PEPE-PERP market will start at 9.30 and later.-most UTC 23 April 2024” the announcement reads.
PEPE’s Impressive Year
Meme coin, currently the third largest cryptocurrency in its field, was launched last April and quickly became one of the market sensations. Its price has risen nearly 1,800% annually, while its market cap briefly surpassed $4 billion in March.
PEPE’s impressive performance in recent months may have been supported by support from other exchanges (next to youThis support mentioned above from Coinbase).
Like CryptoPotato reportedBinance officially listed the coin in May 2023. extended We traded services by adding PEPE to the loanable assets with binance Credit.
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