PEPE Coin Soars 16% After Listing on Coinbase Perpetual Futures

In the wake of Bitcoin's halving event, the cryptocurrency markets have remained steady, yet the Ethereum-based meme coin PEPE has caught the spotlight by surging 16% following its inclusion on Coinbase's perpetual futures. Despite a recent 13% drop in the past month, PEPE's recovery is highlighted by strong technical signals pointing towards a potential bullish trend. This optimism is buoyed by Coinbase International's announcement to launch trading of PEPE perpetual futures, increasing its liquidity and exposure. As trading commences, the enthusiasm surrounding PEPE's surge has resonated across crypto communities, especially on platforms like Crypto Twitter, where the news was greeted with a mix of excitement and memes.