Key Points
- PEPE reached a new ATH today, as Upbit announced its launch today.
- On November 14, Coinbase and Robinhood also listed PEPE.
PEPE reached a new ATH today, following multiple important listing announcements.
Earlier today, the largest crypto exchange in South Korea, Upbit, announced the launch PEPE, supporting the Korean won market. The PEPE/KRW trading pair was scheduled to open for trading at 10:30, Korean time.
Upbit’s listing contributed to PEPE’s price rally which debuted yesterday and sent the memecoin to a new ATH earlier today.
PEPE Hit a New ATH
At the moment of writing this article, PEPE is trading above $0.000022, up by 75% in the past 24 hours. Earlier today, the memecoin reached a new ATH near $0.000025.
Now, PEPE has a market cap of over $9.45 billion. During the past seven days, the memecoin recorded a significant price surge which accelerated yesterday following important listing announcements.
PEPE is a memecoin launched on Ethereum, paying tribute to Pepe the Frog Internet meme.
Coinbase and Robinhood Listed PEPE
Yesterday, Coinbase announced the launch of the memecoin, triggering a price rally of almost 40%.
Also, Robinhood was next to announce the listing of PEPE yesterday, along with Solana (SOL), XRP, and Cardano (ADA).
These latest listing announcements for PEPE triggered a strong price rally that took the memecoin to new heights.
Memecoins Sector Surges Significantly
During the past days, the entire memecoin sector recorded a significant surge. In the past 24 hours, the memecoins’ market cap is up by 9%, getting close to $126 billion, according to data from CoinGecko.
Also, the 24-hour trading volume surpassed $93.4 billion, with trending coins including PEPE, PNUT, and NOT.
Other memecoins that recorded significant price gains in the last 24 hours, include WIF, up by 36%, PNUT, up by 123%, MOODENG, up by 54% and others.
The memecoin sector’s frenzy was also fueled by the recent preparations regarding the upcoming Dept. of Government Efficiency (DOGE) set to be led by Elon Musk and Vivek Ramaswamy. Musk’s support for Peanut the squirrel, pushed PNUT’s price to new ATHs during the past few days as well.
