|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
$PEPE Skyrockets Over 60% as Robinhood and Coinbase List the Meme Coin, Ushering in the Meme Coin Supercycle
Nov 15, 2024 at 09:45 pm
In a dramatic turn of events, $PEPE has taken the crypto world by storm, skyrocketing over 60% within hours of its surprise listing on major US exchanges.
Major US exchanges, including Robinhood and Coinbase, have made a surprising move by adding the meme coin $PEPE to their platforms. This marks the first time that Coinbase has listed a prominent meme coin since 2021, signaling a shift in the crypto market landscape.
Following this news, $PEPE soared to an all-time high of $0.00002203, with trading volume surpassing $12 billion. This surge comes as Donald Trump emerged victorious in the US presidential election, boosting optimism in the crypto sector.
Trump's intentions to remove SEC Chair Gary Gensler, a move supported by the crypto community, could lead to regulatory changes. These might open the door for more extensive token listings and potentially drop ongoing lawsuits against major exchanges like Coinbase and Robinhood.
In addition to $PEPE, Robinhood also added $SOL, $XRP, and $ADA, further solidifying its presence in the rapidly growing crypto trading space.
This development is being hailed as a significant moment in what analysts are calling the “meme coin supercycle.” With increased accessibility on mainstream platforms, the potential for $PEPE and other meme coins is vast.
Prominent analyst Giba Machado captured the sentiment succinctly, tweeting: “RAISE ALL your targets.”
Another Pepe-themed project is also gearing up for its moment in the spotlight. Pepe Unchained, a new Ethereum Layer-2 network, is nearing the end of a highly successful ICO.
The presale has already raised $28 million, and with only 30 days left, excitement is at an all-time high. Pepe Unchained aims to revolutionize meme coin development and trading by offering lower transaction fees and faster speeds.
Its native token, $PEPU, plays a critical role in the network, powering transactions and rewarding early investors with up to 87% APY for staking. Given the loosening restrictions on token listings at major exchanges, Pepe Unchained could soon debut on Tier-1 platforms. Analysts are urging investors to act quickly before the presale concludes.
This development underscores the growing influence of decentralized communities in shaping the crypto landscape. As meme coins gain steam on mainstream platforms, the potential for these “joke” projects to deliver actual value becomes increasingly clear.
With the stage set for a meme coin supercycle, projects like $PEPE and Pepe Unchained are poised to lead the way. Investors seeking to capitalize on this momentum should keep a close watch on these unfolding events.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Dogecoin (DOGE) Price Correction May Not Be Over Yet, Analyst Says the Market Could Retrace to the $0.30-$0.26 Range
- Nov 16, 2024 at 12:15 am
- Dogecoin (DOGE) has recently experienced a staggering rally. Over the span of eight days, DOGE surged nearly 200%, reaching a local peak at $0.4385 on Tuesday.
-
- UK Government Moves to Establish Regulatory Approach for Cryptocurrency Sector
- Nov 16, 2024 at 12:15 am
- This initiative follows the election victory of Donald Trump in the United States, a development that has stirred enthusiasm within the crypto industry due to his promises of favorable regulations.
-
- VanEck CEO Boldly Predicts Bitcoin (BTC) Will Skyrocket To $300K, Reaching Half Of Gold's Market Cap In The Face Of Growing Demand
- Nov 16, 2024 at 12:15 am
- Bitcoin could skyrocket to $300,000 within five to 10 years. This optimistic projection rests on Bitcoin's ability to capture a substantial share of the gold market – a market long valued as a hedge against inflation.
-
- Top New Crypto to Buy Now – November 2024
- Nov 16, 2024 at 12:15 am
- The driving factor in the cryptocurrency market right now is new tokens with unique features and rapid growth potential. A few tokens are particularly promising as we enter the last quarter of 2024, especially early-stage investments, which offer a chance for investors to benefit from price surges as these projects gain recognition.