As a seasoned crypto investor with a knack for spotting opportunities, I can’t help but feel a rush of adrenaline upon witnessing the unprecedented surge of PEPE, the memecoin that’s making waves in the cryptosphere. With its price soaring by 85% within a day, reaching $0.00002375, it’s hard not to feel like I’ve stumbled upon a gold mine!
In the last day, the well-known meme cryptocurrency known as PEPE has experienced an approximately 85% increase, currently trading at around $0.00002375.
Pepe’s market value has significantly increased to a staggering $9.92 billion following this latest surge, representing an impressive 81.25% rise. Moreover, an enormous trading volume of approximately $20.19 billion was recorded over the past day – a remarkable 207.81% boost.
The surge in value was fueled by Coinbase declaring on November 13 that they would back the Pepe token within the Ethereum network as an ERC-20 token. Trading commenced yesterday at 11:30 AM ET, initially offering the PEPE-USD exchange pair, contingent upon the availability of sufficient liquidity.
Coinbase recommends that users transfer PEPE tokens exclusively via the Ethereum platform to minimize possible losses. This guidance sparked a swift reaction, as PEPE’s value increased by more than 49% soon after being announced, suggesting robust market demand for its listing on their platform.
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2024-11-14 09:40