cryptocoin.com As we mentioned, the rise of meme coins continues in the crypto money market. This new trend, especially starting with PEPE, results in the moves of many cryptocurrency exchanges. Investors, on the other hand, are waiting for a move from Coinbase after many crypto exchanges list PEPE? So what’s next?
Investors are waiting for news from the stock markets: will PEPE be listed?
Pepe coin is making a splash with its recent rises and success stories from investors making millions for almost nothing. With the asset trending on social media platforms, a potential major stock market listing could be on the way in an instant. Earlier today, several members on Twitter noticed that Coinbase had created a page on its website titled “How to buy Pepe.” This has caused the community to speculate that the exchange may soon list the meme coin.
$pepe going on Coinbase, bearish or bullish? pic.twitter.com/7QXxhE7TJQ
— xero 🎮 (@xerocooleth) May 2, 2023
However, in the “Introduction” section, the exchange confirmed that it has not yet listed the asset.
When it comes to buying crypto, many factors come into play, such as location and protocol. Pepe is not currently available on Coinbase’s central exchange. However, you can still buy Pepe on Coinbase Wallet, your key to the crypto world.
However, users were asked to use their Ethereum to purchase Pepe via Coinbase wallet. Additionally, it should be noted that Binance has also published a guide on buying meme coins. However, these exchanges do not yet list the asset. If Coinbase continues to participate in PEPE, other platforms such as Binance, Kraken, Robinhood and others may follow suit.
What levels will PEPE see with the BitMEX listing and being among the top 100 cryptocurrencies?
While larger volume exchanges appeared more cautious about accepting meme coins, some exchanges were quick to initiate PEPE transactions. Currently, popular exchanges such as OKX, MEXC Global, Gate.io, Huobi, and Uniswap have listed the meme coin.
🎢🐸🐸🎢
Our new $PEPE perpetual swap listings are now LIVE on BitMEX
You can now long or short $PEPE $USD and $PEPE $USDT …with up to 50x leverage + the best risk limits in the industry. Trade now
BTC marginedhttps://t.co/R5lOu4r8Zw
USDT margined https://t.co/oPDq5AJVuM pic.twitter.com/dmSkNTfpkB
— BitMEX (@BitMEX) May 3, 2023
However, recently BitMEX announced that users can now trade PEPE against the US dollar and Tether with up to 50x leverage. Despite this listing, the asset has lost 25 percent in the last 24 hours and is priced at $0.000001007.
Pepe (PEPE) is available for trading on several other major cryptocurrency exchanges. According to CoinGecko data, some of the best exchanges offering Pepe trading pairs are OKX, Uniswap (v2), MEXC Global, Huobi, and Gate.io. These platforms offer a variety of trading pairs for Pepe such as PEPE/USDT and PEPE/WETH, with the highest recorded trading volume on OKX accounting for 34.75 percent of the total 24-hour volume. Although the digital currency’s listing on BitMEX and other major exchanges serves primarily as a speculative tool, it reveals its potential to attract more investors.
Will PEPE coin continue to rise?
With a market capitalization of over 350 million dollars, PepeCoin is currently one of the most talked about cryptocurrencies in the market. But what sets it apart from the rest is its unique community of meme lovers and investors that have taken PepeCoin to new heights.
PepeCoin recently made it into the top 100 cryptocurrencies with a market cap of approximately $513 million. Its popularity among meme lovers has helped PepeCoin gain traction as its price has increased by 400% in just the last 7 days. However, as PepeCoin continues to garner attention, some are wondering what’s next for this meme-inspired cryptocurrency. However, while experts state that such cryptocurrencies are risky, they recommend investors to be careful and cautious.
