Exchange News

Coinbase Sparks Outrage After Calling Pepe a Hate Symbol

  1. Pepe fans struck back at Coinbase for the exchange saying the memecoin is a hate symbol.
  2. #DeleteCoinbase is trending as Pepe is demanding that the exchange take back what it said.
  3. There is no hint that Coinbase would list PEPE at the moment despite Binance listing the token.

Pepe (PEPE) fans hit back at Coinbase after the crypto exchange called the memecoin a ‘hate symbol’. According to various sources, Coinbase called PEPE as such in an email to customers.

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The PEPE community was quick to strike back at Coinbase, threatening to boycott the exchange and move their funds to contemporaries such as Gemini and Kraken. Some even claimed they would sell their Coinbase (COIN) shares.

Meanwhile, PEPE fans are promoting #DeleteCoinbase on Twitter and other social media spaces. So far, the said hashtag is trending with over 58,100 tweets in just half a day. In addition, others are negating Coinbase’s hate symbol tagging, saying that PEPE is rather a symbol of love.

The Coinbase x PEPE drama began after the PEPE community started wooing the exchange with a potential token listing. Many exchanges, including Binance, have listed PEPE on spot and futures markets after seeing considerable demand. 

Coinbase, however, wouldn’t budge. In fact, at the moment, there is no hint that Coinbase would list PEPE in the next couple of days — if at all. However, the exchange has not said anything definite regarding the matter.

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Jesus Dawal

Jesus Dawal Jr covers news related to the crypto space in Asia and in Australia, although he follows the latest events in the US and Europe as well. He is most interested in the blockchain gaming and regulation aspects of the industry.

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