- Pepe ($PEPE) surged 65% in the past 24 hours, reaching an all-time high of $0.00002281.
- The surge followed a 154% increase in daily trading volume after its listing on Coinbase.
- Coinbase also listed DogWifHat (WIF), which saw a 35% gain shortly after the announcement.
The memecoin Pepe is currently one of the day’s biggest winners. Over the past 24 hours, $PEPE gained a whopping 65% in value, a surge so big it encompasses all of the top 10 cryptos gains combined – during that same timeframe.
In fact, Pepe is currently trading at its all-time highest price, at $0.00002281. The token’s momentum is so strong that it is currently beating its previous ATH in May by 37%.
Investors are clearly favoring buying optimism as this 65% surge is followed by a 154% increase in daily trading volume.
Coinbase Lists PEPE and WIF
The reason for this massive value growth in such a short timeframe is because the frog-inspired memecoin is now available for trading at one of the world’s largest cryptocurrency exchanges.
Earlier today, Coinbase hinted at the listing by posting a frog emoji on Twitter. Shortly thereafter – the exchange announced that $PEPE was added to Coinbase, leading to today’s massive surge.
Pepe was not the only one to be listed to Coinbase on November 13. A couple of hours later the exchange announced that DogWifHat (WIF) was also being added to the platform. This also caused massive favoritism towards WIF – which saw a 35% gain in just a couple of hours.