Pepe Coin (PEPE) is set for a Coinbase listing after its Robinhood debut, offering a bullish outlook for the coin.
Similar to how PEPE was listed on the Robinhood platform, Pepe Coin is scheduled to be published on the Coinbase exchange.
The meme coin, which recently hit a new all-time high (ATH) in response to the news, gains extra bullish impetus from this event.
Pepe Coin (PEPE) Will Be Listed on Coinbase
In an X post, Coinbase’s Chief Legal Officer (CLO), Paul Grewal, disclosed that Pepe Coin (PEPE) will be listed on the leading cryptocurrency exchange today.
He stated that Coinbase plans to list the top meme coin later today and has added it to their listing roadmap.
Given that the PEPE community has been contacting the exchange to list the meme coin for some time, Grewal commended them for their patience.
Coinbase also shared a frog emoji in a mysterious X post, confirming the plans to list PEPE.
This comes after Robinhood revealed that PEPE is now listed for its US clients.
In addition, the exchange listed ADA, XRP, and Solana, increasing the total number of cryptocurrencies available to 19.
In the meantime, it is important to note that PEPE will join Dogecoin, Shiba Inu, and BONK as Coinbase’s fourth joke coin to list.
The meme coin is expected to gain more traction as a result of these PEPE listings, particularly among individual investors.
With this bull run being referred to as a “meme supercycle,” meme coins appear to be receiving the most attention from exchanges at the moment.
Two Solana meme currencies, ACT and PNUT, were recently launched on Binance, the biggest cryptocurrency exchange in the world based on trade volume.
On the back of the listing, the value of these meme coins increased by 250% and 1,300%.
The Frog-Themed Coin Hits A New All-Time High
After the Coinbase and Robinhood developments, Pepe Coin surged to a new all-time high (ATH) of $0.00001944 and a market valuation of $8 billion.
The most popular meme coin has risen over 50% today and is already among the top 20 cryptocurrencies by market capitalization.
However, according to cryptocurrency expert Crypto Rover, the Pepe Coin rise is only getting started.
The PEPE price breakout has begun, he said, and he believes it has the potential to rise 10 times from its current level.
Res, a cryptocurrency analyst, pointed out that after the Coinbase launch, the price of Shiba Inu rose from $4 billion to a $40 billion market value.
Res believes that a similar dramatic move might occur with the Pepe Coin.
