The memecoin PEPE jumped to a market cap of $10.2 billion at one point from $5.7 billion the previous day. As of the time of writing, the market capitalization of the PEPE is at $9.5 million, which has been boosted due to the listing of trading pairs of PEPE on many central exchanges. The coin’s price has reached $0.00002246, which is 76.44% higher than 24 hours ago.
Robinhood and Coinbase Listings Boost PEPE🚀
The surge in price came after two other American companies, Robinhood and Coinbase, disclosed on Nov. 14 that they would include PEPE in their list. This led to a huge trading frenzy, which saw the token hit its record high prices. This uptick in value occurred at the same time as Robinhood added more well-known cryptocurrencies to its platform, including Solana, Cardano, and Ripple’s XRP. These assets were delisted and then relisted after the exchanges were under probe by the U.S. Securities and Exchange Commission (SEC) for providing unregistered securities.