The US-listed exchange Coinbase updated its listing roadmap last night, announcing that the meme coin PEPE (Pepe the Frog) will be quickly listed on Coinbase. Coinbase's legal chief @iampaulgrewal also posted on Twitter:
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.
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
Additionally, the online broker Robinhood also listed PEPE last night.
PEPE market cap exceeds $10 billion
Possibly driven by the listings on the two major platforms, PEPE has surged rapidly since yesterday evening, continuing to break through even as Bitcoin has been consolidating, reaching a high of $0.00002588 prior to the deadline, a one-day gain of 91.1%, officially breaking through a market cap of $10 billion.
A PEPE whale with a 100% hit rate transfers 122 million PEPE to Binance
It is worth noting that according to on-chain data analyst Ai Aunt, after Coinbase announced the listing, a PEPE whale with a hit rate of 100% transferred 122 million PEPE, worth about $1.65 million, to Binance.
Is the whale thinking the top is in and about to dump? Investors should be cautious about potential volatility.
Robinhood and Coinbase have simultaneously listed $PEPE, the price has surged 46% in a short time, currently at $0.00001884
Some large on-chain fund movements are summarized as follows
In the past hour, the market maker Wintermute has withdrawn 8.405 billion PEPE, worth $15.76 million, from multiple exchanges including Binance / Kucoin / Kraken / OKXhttps://t.co/OLXTO5WI9n
"PEPE has a 100% hit rate... https://t.co/whDkpwn6uX pic.twitter.com/LGZaBk0X9U
— Ai Aunt (@ai_9684xtpa) November 13, 2024
