Coinbase lists PEPE

The meme coin is making another big move. Coinbase The PEPE meme has been officially listed. The cryptocurrency exchange is the second platform that has done so after Robinhood announced its listing earlier today. These decisions continue to drive the price of the meme coin with a frog theme.

Listings continue to reinforce a bullish view of cryptocurrency. Coinbase Chief Legal Officer posted a message to X, formerly Twitter. Paul Grewal The platform has announced the addition of the meme coin to its cryptocurrency. “Listing roadmap with the goal of listing later today.”

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Coinbase announces the listing of PEPE Meme Coin, following Robinhood.

Pepe has been a meme coin that’s enjoyed an explosive rise in popularity since 2023. In fact, Pepe has rocketed up to be the third largest meme coin in the crypto market by capitalization. This position will only increase, as this asset is gaining in popularity.

Coinbase, in particular, has confirmed that the Pepe token will be listed. The announcement was not the first, Robinhood had also made the same decision. It also announced its plans to relist Ripple, Cardano and Solana.

Please Read This: Robinhood to Officially List PEPE Amid Batch of Relistings

The announcement had a massive impact on its performance. The token price increased 49.4% in just 24 hours. CoinMarketCap. It has also risen by nearly 105% over the past seven days, to its current price of $0.000019. It doesn’t seem like the tokens will be changing their upward trend anytime soon.

Its market cap has increased more than 48 percent in the last 24 hours, to reach $8 billion. There are also rumours that the asset could challenge Shiba Inu (SHIB) As the second largest meme coin by capitalization. To make this a reality PEPE’s market cap would have to be above $15 billion.