Press Release
  • PR Manager
    author-profile

    PR Manager right arrow

    Author

    Press release about recent ICOs, announcement from startups, new cryptocurrency launch by firms and unlike.

    • author facebook
    • author twitter
    • linkedin

  • 2 minutes read

Pepe Pumps 77%, Records ATH After Coinbase and Robinhood Listings – More Gains Incoming?

Coinbase and Robinhood have added support for Pepe on the Ethereum network, causing its price to rocket 77% in the past 24 hours.

The listings have led to a flood of big on-chain purchases, underscoring the expectations that theyโ€™ll be good for Pepe long-term.

Pepe Price Hits ATH After Exchange Listings

The recent Pepe listings have reminded us of the instrumental role that centralized exchanges (CEXs) continue to play – especially in bull markets.

Pepe is currently trading at its highest-ever price of $0.00002374 and has a market cap of just below $10 billion.

The frog-themed meme token has surged 77% today, as well as 125% this week and 1,955% this year.

Its trading volume has also experienced a huge run-up, jumping 197% in the past 24 hours to $19.8 billion. For reference, that makes it the fifth most-traded cryptocurrency.

Coinbase announced theyโ€™ll list Pepe on Wednesday, and it went live just a couple of hours later. The listing announcement cautioned that Pepe should only be sent via the Ethereum network.

https://twitter.com/CoinbaseAssets/status/1856706113560838432

Robinhood, an American financial services platform that allows users to trade stocks and crypto, also listed Pepe on Wednesday. Moreover, they listed Cardano and Solana, although the impact on their prices has been less profound.

Whales Buy Pepe On-Chain

It seems smart money believes the Pepe price is going to keep going up.

Blockchain analyst OnchainLens spotlighted a whale who accumulated over $17 million worth of Pepe in a single hour, just one hour before press time.

Meanwhile, prominent trader Max Schwartzman underscored the potential longer-term impact of a Pepe Coinbase listing, noting that Shiba Inu exploded 864% in the month that followed its listing.

https://twitter.com/MaxBecauseBTC/status/1856760901057073195

Coinbase reportedly boasts 105 million users, and Robinhood has 24 million. These new listings provide a gateway for retail investors to buy Pepe, which is expected to inject massive amounts of new liquidity in the coming weeks.

Centralized exchanges are preparing for the bull market by listing meme coins, which are typically favored among retail users.

And another meme coin that is set to launch on these big exchanges soon is Pepe Unchained. 

New Meme Coin Pepe Unchained to List On Tier-1 Exchanges After $28M Presale

Pepe Unchained is one of the yearโ€™s hottest crypto projects and the biggest ever meme coin presale, having raised $28.8 million to build the worldโ€™s first Pepe-themed blockchain.

With such staggering funds raised, the blockchain is almost complete, and Pepe Unchained will be listed on exchanges soon. However, investors can still buy $PEPU at a fixed presale rate today.

The team has already revealed that $PEPU will list on tier-1 exchanges. Whether this is Coinbase, Robinhood, or others like Binance and Kraken remains to be seen.

https://twitter.com/pepe_unchained/status/1856661613618823349

Yet, one thing is for sure – this project is primed to grab a lot of attention.

While leveraging the viral branding and artwork of Pepe, Pepe Unchainedโ€™s Ethereum layer 2 blockchain provides a low-cost and fast alternative to the Ethereum main network.

It will also include features like a staking mechanism, a beginner-friendly meme coin launcher, a block explorer, a decentralized exchange, and more.

As you can probably guess, the chain is designed for meme coins and meme coin-related apps.

The meme coin sector is at an all-time high market cap of $125 billion today, so thereโ€™s no better time for $PEPU to launch. 

Analysts expect big gains – renowned presale hunter Jacob Bury even says it can provide 100x returns. 

He notes that it will likely rise alongside Pepe, except potentially with bigger swings.

However, there are just 29 days until it is listed on exchanges, so traders should act fast.

Visit Pepe Unchained Presale

Disclaimer and Risk Warning

The content featured on Coinpedia's press release page is provided for informational purposes only. Coinpedia does not endorse, verify, or take responsibility for the accuracy, completeness, or reliability of any press releases or associated materials. Any views, opinions, or statements expressed in these press releases are those of the respective issuers and do not reflect the opinions or positions of Coinpedia. Coinpedia is not liable for any content, products, services, or actions mentioned in the press releases. Readers should independently verify the information before taking any actions related to the subject matter of the releases.

Show More

Related Articles

Back to top button