$PEPE Owners Take Profits After Rise

A post by Coinbase Chief Legal Officer Paul Grewal on Platform X yesterday hinted to markets that the exchange would list PEPE.

“You’ve been asking for a frog. Well, you’re about to get one. Coinbase is adding PEPE to our listing roadmap with the goal of listing it later today. Thank you for your patience,” Grewal wrote. Coinbase also confirmed the news around the same time, and as expected, officially listed the memcoin later that day. The announcement coincided with Robinhood’s decision to list the memcoin on its platform. All of this ultimately sent PEPE soaring to $0.000022.

The price jump saw profit-taking volume reach $53.14 trillion, with profit-taking at around $1.16 billion. A rise in this metric typically indicates selling pressure. Therefore, it is likely that the token will decrease in the near future.$PNUT $DOGE