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Cryptocurrency News Articles

Pepe Skyrockets Amid Coinbase Rumors, Dogeverse Presale Breaks $2.7 Million Threshold

Apr 12, 2024 at 09:45 pm

The meme coin market is experiencing a surge in momentum, with Pepe leading the charge with a 7% weekly rise amidst rumors of a Coinbase listing. Meanwhile, Dogeverse, a multichain meme coin, has raised over $2.7 million in its initial presale period, generating significant excitement among investors.

Pepe Skyrockets Amid Coinbase Rumors, Dogeverse Presale Breaks $2.7 Million Threshold

Pepe Soars on Coinbase Rumors, Dogeverse Presale Surges Past $2.7 Million

The cryptocurrency market is witnessing a resurgence of interest in meme coins, led by the impressive performances of Pepe and Dogeverse. Pepe has surged by 7% this week, fueled by rumors of an imminent Coinbase listing, while Dogeverse has raised over $2.7 million in the first four days of its presale.

Coinbase International to List Pepe for Futures Trading

Pepe's price has been on a rollercoaster ride since Coinbase announced that its international arm, Coinbase International Exchange, would list Pepe for perpetual futures trading starting April 18. The news sent shockwaves through the crypto community, leading to speculation that a Pepe spot listing could be on the horizon.

Prominent market commentators have weighed in on the matter, with Borovik.sol tweeting, "Did Coinbase just list Pepe?" and NFT Kid "Keith Berry" replying, "Looks like so." Analyst Plazma expressed confidence that a Pepe spot listing could occur on Coinbase's IPO anniversary (April 14) or the industry-recognized "Doge Day" (April 20).

"This cycle will be dominated by meme coins (it already has been)," tweeted Max Schwartzman, a leading analyst who predicted Pepe's meteoric rise in 2024. "The people have cast their vote, and they side with community-run projects that aren't infested with VCs looking to prey on retail. Pepe is King, and his rising tide shall lift all ships."

Despite the unconfirmed spot listing, Pepe's price has remained buoyant, trading at $0.00000717, down 0.5% on the day but up 7% this week. The price spiked from $0.000068 to $0.000014 after the Coinbase announcement but has since retraced.

Dogeverse Presale Attracts $2.7 Million in Four Days

While Pepe captures the attention of the meme coin market, Dogeverse has emerged as a promising newcomer, raising over $2.7 million in its opening four days of presale. Dogeverse is a multichain meme coin that aims to usher in the next generation of memetic capabilities by launching on Ethereum, Polygon, BSC, Base, Solana, and Avalanche.

The multichain approach has garnered significant interest, with analysts predicting a potential 100x return for the token. The project's team has also implemented a generous staking model, offering a 366% APY for holders who deposit their tokens on the staking dashboard.

Investors can currently purchase DOGEVERSE at a presale price of $0.000293, which is expected to increase as the event progresses. The next price increment is anticipated to occur in one day or when the total raise reaches $3.4 million.

The surge in popularity of Pepe and Dogeverse highlights the enduring appeal of meme coins among investors. As the crypto market continues to evolve, the role of meme coins as a force to be reckoned with becomes increasingly evident.

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Other articles published on Dec 28, 2024