The market value of the popular memecoin Pepe ($PEPE ) has increased by 85 percent in the last 24 hours, reaching 10 billion.
According to CoinMarketCap systems, the #PEPE price increased by 77 percent to 0.000023. The price increase came as major exchanges listed the pair. Robinhood Crypto announced on November 14 that it listed PEPE, SOL, ADA and XRP for US users.
Coinbase, which triggered the start of Upbit's PEPE move, started its PEPE work on November 13.
South Korea's largest cryptocurrency exchange Upbit opened the PEPE transaction pair as of today. Upbit, which ranks fifth in CoinMarketCap systems, has made more than $ 10 billion in trading volume in the last 24 hours.
Min Jung, an analyst at Presto Research, told The Block that Coinbase and Robinhood did not evaluate Pepe's listing as a value. The two exchanges in question had previously taken a cautious stance against memecoins.
The GMCI Meme Index has increased by 10.2 percent over the last 24 years to 510.59. Dogecoin fell by 1.6 percent, while Shiba Inu increased by 0.59 percent.
BRN analyst Valentin Fournier said, “As long as Bitcoin is in a strong uptrend, we hope that the excitement and rise in memecoins will continue.”
What do analysts say?
Cryptocurrency analyst AlejandroBTC is considering a new progression of the rally. The analyst, who expected a 1053 percent increase for the popular memecoin, set targets of $0.00017064 and $0.000212527. AlejandroBTC, who thinks that the price will rise to much higher levels, excited the audience.
#MemecoinWars #cryptomarketcapATH #PEPEUSDT #binance
