Coinbase, a US-listed exchange, updated its coin listing roadmap last night, announcing that it will quickly list the meme coin PEPE (Pepe the Frog) on Coinbase. Coinbase Legal Director @iampaulgrewal also tweeted:
Sorry to have kept you waiting for this frog. Well, you’ll be able to buy it soon. Coinbase is adding PEPE to our coin listing roadmap, with the goal of launching later today.
It is also worth noting that online brokerage Robinhood also listed PEPE last night.
PEPE market value exceeds 10 billion US dollars
Perhaps motivated by the two major coin listing platforms, PEPE has skyrocketed since yesterday evening. Even after Bitcoin fell and consolidated, it continued to break upward. Before writing, it reached a high of 0.00002588 US dollars. The increase in one day once reached 91.1%, and the market value officially exceeded 10 billion US dollars.
PEPE band whale transferred 122 million PEPE to Binance
It is worth noting that according to the monitoring of Ai Yi, an on-chain data analyst, after Coinbase announced the listing of the coin, a PEPE whale with a winning rate of up to 100% in a certain band recharged 122 million PEPE to Binance, worth about 1.65 million US dollars.
Are there any whales who think the high point has been reached and are about to dump their stocks? Investors should be careful of potential volatility.
