In a landmark development for meme coins, Coinbase has officially listed the PEPE token, following Robinhood’s earlier announcement. This dual listing has ignited a significant price rally, further solidifying PEPE’s bullish trajectory. Paul Grewal, Coinbase’s Chief Legal Officer, confirmed the news via X (formerly Twitter), noting PEPE’s inclusion on the exchange’s "Listing roadmap."
PEPE’s Rapid Ascent in the Meme Coin Sector
Launched in 2023, PEPE has emerged as one of the fastest-growing meme coins, currently holding the third-largest market cap in its category. The recent Coinbase and Robinhood listings—the latter also relisting Solana (SOL), Cardano (ADA), and Ripple (XRP)—have accelerated its climb, with analysts speculating it could soon challenge Shiba Inu (SHIB) for the second-largest meme coin spot.
Price Surge and Market Impact
- 24-hour gain: +49% (peaking at $0.00002).
- 7-day increase: +115%.
- Market cap: Surpassed $8 billion, edging closer to SHIB’s $15 billion threshold for a potential flip.
👉 Explore PEPE’s real-time price action
FAQs
Why is PEPE’s listing on Coinbase significant?
Coinbase’s endorsement lends credibility to PEPE, attracting institutional and retail investors. Combined with Robinhood’s support, liquidity and trading volume have skyrocketed.
Can PEPE overtake Shiba Inu?
While PEPE’s $8 billion market cap trails SHIB’s $15 billion, its current growth rate suggests this gap could narrow if bullish momentum persists.
What drives PEPE’s price volatility?
Meme coins thrive on community hype and exchange listings. PEPE’s recent gains are tied to speculative trading fueled by its Coinbase/Robinhood debut.
👉 Learn how to trade meme coins strategically
Conclusion
PEPE’s listing on major exchanges underscores its evolution from a niche meme token to a mainstream crypto asset. With a market cap nearing $10 billion and relentless community support, its rivalry with SHIB may soon redefine the meme coin hierarchy.
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