As was just revealed, the popular meme cryptocurrency Pepe Coin (PEPE) will get its long-awaited listing today on the leading crypto exchange in the U.S. right now, Coinbase. This has been officially confirmed by the exchange's Chief Legal Officer Paul Grewal. "You've wanted the frog for a long time. Well, you're about to get the frog," Grewal said in a statement in X.
You've long wanted the frog. Well, soon you'll get the frog. @coinbase is adding PEPE to our listing roadmap with the goal of listing later today. Thanks for your patience.
— paulgrewal.eth (@iampaulgrewal) November 13, 2024
Most entertainingly, PEPE's listing on Coinbase was announced within an hour of the news that the meme cryptocurrency was getting a listing on Robinhood, also a major brokerage platform in the U.S. Despite the fact that PEPE enthusiasts have been asking Coinbase to list the "frog" for more than a year and a half, this decision came only after the exchange's direct and main competitor announced a similar decision.
Pepe Coin (PEPE) price outlook
Objectively, all these high-profile, long-awaited announcements took their toll on the price chart of the popular meme cryptocurrency, with quotes literally soaring 47.8% in one hour.
Currently, the price per PEPE is over $0.000019, and the market capitalization of the meme cryptocurrency has already surpassed $8 billion, with a trading volume of $8.55 billion. The last fact is crazy as, according to it, PEPE is currently a top-nine asset among all cryptocurrencies in general.
How the long-awaited listing on Coinbase will affect the future behavior of the PEPE price remains to be seen, as 50% of the meme coin's price has already been added. At the same time, it is absolutely true that listing on the largest crypto exchange in the U.S. will give the "frog" wide distribution and popularity and, therefore, attention.
