- Pepe Coin (PEPE) listings on Coinbase and Robinhood led to a 47.8% price surge, now ranking in the top ten cryptocurrencies by market cap.
- Global Memecoin Index (GMCI) surges 15% following Pepe Coin’s addition to major U.S. platforms.
- Robinhood reintroduced previously delisted assets like Solana, Cardano, and XRP alongside PEPE.
Coinbase, one of the leading U.S.-based cryptocurrency exchanges, has officially confirmed the listing of Pepe Coin (PEPE) following substantial demand from crypto enthusiasts. Paul Grewal, Coinbase’s Chief Legal Officer, publicly acknowledged the listing plan on X.
Grewal announced on Nov 13 that the exchange would include the popular frog-themed memecoin on its listing with an expected launch. Grewal’s message emphasized Coinbase’s response to user demand, noting, “You’ve long wanted the frog. Well, soon you’ll get the frog.”
The anticipated listing on Coinbase comes after nearly a year and a half of active requests from Pepe Coin supporters. Additionally, Robinhood announced listing PEPE on its platform, positioning the token to access a wider user base on two major U.S. trading platforms.
Pepe Coin Price Surges Post Listing Announcements
The listing announcements from Coinbase and Robinhood ignited a sharp price increase for Pepe Coin. The token’s value increased by 47.8% an hour after the news release. PEPE’s price rose to over $0.000019, pushing its market capitalization beyond $8 billion. This price jump places Pepe Coin among the top ten cryptocurrencies by market cap, recording a 24-hour trading volume of $8.55 billion.
Robinhood’s announcement closely followed Coinbase’s update, adding further momentum. In addition to PEPE, Robinhood reintroduced support for Solana, Cardano, and XRP, which the platform had delisted in 2023 in response to SEC-related compliance challenges. The re-listing of these tokens underscores Robinhood’s renewed approach toward handling regulatory requirements while expanding its asset portfolio.
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Market Influence of Major Platform Listings on Memecoins
Pepe Coin’s new listings on Coinbase and Robinhood reflect a trend of mainstream crypto exchanges responding to strong community-driven demand. Pepe Coin’s addition aligns with the growing market influence of meme coins, gaining popularity despite their highly speculative nature.
The listing announcements contributed to a broader rally in the memecoin market segment. The listing announcements contributed to a broader rally in the memecoin market segment. The GMCI index increased by 15% in 24 hours, with other popular memecoins, like DOGE and SHIB, also rising in value, further indicating a bullish trend in the sector.
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