Coinbase announces the introduction of PEPE futures trading on its platforms, reported to commence on April 18 at 9: 30 a.m. UTC. The meme coin, PEPE, surged by 10% in value just after the announcement was made, PEPE was recorded as $0.0007346, with a 6.1 % increase over 24 hours.
Coinbase’s decision to list PEPE futures marks a significant shift from its previous stance against engaging in sarcastic activities. It connects the event to a larger market picture stimulated by meme coins and the general interest in projects with a similar nature to PEPE. PEPE’s $2.6 trillion market capitalization indicates its effective management as an Ethereum token, making it a suitable candidate for futures trading.
The recent boost in PEPE spent, which resulted in a 350% upsurge within a week, and $ 3,000 in March turned it into the third in the market capitalization. Along with a 600% monthly increase, confirms its position in the market.
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