Memecoin PEPE Rises After Listing on Largest US Exchange

Bittime - Memecoins have become an interesting phenomenon in the crypto world, with various tokens appearing and disappearing quickly. 

One of the newest memecoins that has managed to steal attention is PEPE, a token inspired by the green frog character that is popular on the internet.

Check out the news regarding the increase in the price of Memecoin PEPE after listing on the largest exchanger in the US below!

Get to know PEPE Memecoin

PEPE, with the symbol $PEPE, is an Ethereum-based token that was launched in April 2024. The token quickly went viral in the crypto community, mainly due to its simple yet attractive design. 

Additionally, creative marketing strategies and support from the community have helped drive PEPE's growth. PEPE has no specific utility but is popular among investors looking to capitalize on the growth potential of the memecoin trend.

Read also: Memecoin Peanut The Squirrel (PNUT): Everything You Need to Know

PEPE Reaches New ATH

PEPE token has just hit its all-time high (ATH) at $0.00001944. This price increase was driven by PEPE's listing on two leading US crypto exchanges, Robinhood and Coinbase.

This was a significant achievement for PEPE, lifting its value by almost 50% in a matter of hours and demonstrating the appeal of memecoins within the crypto community.

PEPE Listing on Leading Crypto Exchanges

The news of listings on Robinhood and Coinbase was greeted with enthusiasm by PEPE holders and crypto investors in general. 

Coinbase itself opened PEPE/USD trading on November 13, 2024, at 11:30 AM ET. Coinbase will initially support the PEPE-USD trading pair, with the possibility of adding other trading pairs in the future.

These exchanges are known for their high liquidity and large user base. Listing on the platform makes it easier for investors to access PEPE, thereby increasing demand and potentially driving up prices.

Current PEPE Price

At the time of writing this article (November 14, 2024), PEPE price is around $0.000024, slightly down from its ATH but still registering a significant increase compared to its pre-listing price. 

PEPE price rose more than 82% in the last 24 hours. With a market capitalization of nearly $9.93 billion, PEPE is now one of the largest memecoins on the market. 

You can also monitor the latest prices PEPE to IDR and other data directly on the Bittime market!

Conclusion

PEPE's listing on Robinhood and Coinbase is an important milestone for the memecoin. PEPE's significant price increase after listing shows the potential of this memecoin in the future. 

However, like other crypto assets, PEPE remains vulnerable to market volatility. Investors are advised to conduct in-depth research before investing in PEPE.

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Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.