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Home»ALTCOIN NEWS»PEPE Memecoin is already up 94% in one week, and gained further gains through its Coinbase listing.
ALTCOIN NEWS

PEPE Memecoin is already up 94% in one week, and gained further gains through its Coinbase listing.

By Crypto FlexsNovember 17, 20242 Mins Read
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PEPE Memecoin is already up 94% in one week, and gained further gains through its Coinbase listing.
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The popular frog-themed meme asset, which has surged 94% over the past week, is seeing another rise thanks to support from Coinbase, the country’s leading cryptocurrency exchange platform.

In a new announcement, Coinbase revealed that investors can now buy, sell, trade, store, and convert the popular memecoin Pepe (PEPE).

“Pepe is now on the Coinbase iOS and Android apps (coinbase.com). Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.”

On the news of the listing, the price of PEPE rose 16% from a low of $0.00001909 on November 14 to a high of $0.00002222 the next day. The price rise continues a trend in which PEPE prices have surged since the presidential election earlier this month.

The day before the election, Pepe was worth just $0.00000849. However, the meme asset rebounded to a record high of $0.00002438 on November 13, marking a remarkable 94% gain. PEPE has since stabilized and, at the time of writing, is trading at $0.00002147, down 6% in the last 24 hours.

Earlier this week, retail trading giant Robinhood announced that it would be adding more altcoins. – including PEPE – To a growing family of tokens. Other cryptocurrency assets added include Cardano (ADA) and XRP.

Johann Kerbrat, Vice President and General Manager of Robinhood Crypto at the time, said:

“We continue to hear from our customers that they want access to more digital assets, and we are excited to continue to expand our cryptocurrency offerings. “With low barriers to entry, we believe cryptocurrencies provide opportunities for those who have historically been left behind in traditional financial systems.”

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may suffer. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

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