TL;DR
The popular frog-themed meme coin ā Pepe (PEPE) ā is among the best performers in the cryptocurrency market, with its price rising by 6% on a daily scale. Moreover, its valuation is up nearly 40% over a week.
PEPE Price, Source: CoinGecko
In comparison, other meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and dogwifhat (WIF) have recorded some losses in the past 24 hours.
PEPEās latest green wave came shortly after the leading crypto exchange Coinbase expanded support to the token. Specifically, it introduced Pepe perpetual futures on Coinbase International Exchange and Coinbase Advanced.
Earlier this month, the meme coin dogwifhat (WIF) also witnessed a price resurgence following similar actions from Coinbase. Its value soared by 15% after the company added WIF perpetual contracts.
The meme coin, currently the third-largest in its realm, was launched last April and quickly became one of the marketās sensations. Its price is up approximately 1,800% yearly, while its market capitalization briefly surpassed $4 billion in March.
PEPEās impressive performance over the past months could have been fueled by support from other exchanges (besides the aforementioned backing from Coinbase).
As CryptoPotato reported, Binance officially listed the coin in May 2023. It recently expanded trading services with it, adding PEPE among the loanable assets on Binance Loan.
The post This Popular Meme Coin Soars Following Support From Coinbase: Details appeared first on CryptoPotato.
- PEPE has outperformed other meme coins with a 6% daily and 40% weekly price increase, boosted by its addition to Coinbaseās trading program.
- Over the past year, its value has surged by approximately 1,800%, with its market capitalization currently equaling almost $3 billion.
PEPE Defies the Current Market Trend
The popular frog-themed meme coin ā Pepe (PEPE) ā is among the best performers in the cryptocurrency market, with its price rising by 6% on a daily scale. Moreover, its valuation is up nearly 40% over a week.
PEPE Price, Source: CoinGecko
In comparison, other meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and dogwifhat (WIF) have recorded some losses in the past 24 hours.
PEPEās latest green wave came shortly after the leading crypto exchange Coinbase expanded support to the token. Specifically, it introduced Pepe perpetual futures on Coinbase International Exchange and Coinbase Advanced.
Earlier this month, the meme coin dogwifhat (WIF) also witnessed a price resurgence following similar actions from Coinbase. Its value soared by 15% after the company added WIF perpetual contracts.
PEPEās Impressive Year
The meme coin, currently the third-largest in its realm, was launched last April and quickly became one of the marketās sensations. Its price is up approximately 1,800% yearly, while its market capitalization briefly surpassed $4 billion in March.
PEPEās impressive performance over the past months could have been fueled by support from other exchanges (besides the aforementioned backing from Coinbase).
As CryptoPotato reported, Binance officially listed the coin in May 2023. It recently expanded trading services with it, adding PEPE among the loanable assets on Binance Loan.
The post This Popular Meme Coin Soars Following Support From Coinbase: Details appeared first on CryptoPotato.
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