Coinbase and Robinhood List PEPE, Boosting Interest in Meme Coins

Coinbase and Robinhood List Meme Coin PEPE, Sparking Interest in Other Meme Coins

In a significant move for the cryptocurrency market, leading exchanges Coinbase and Robinhood have officially listed the popular meme coin, PEPE, on their spot markets. Following this announcement, the price of PEPE surged dramatically, igniting discussions about other meme coins that may soon find their way onto these prominent trading platforms. To navigate this landscape, the analysis firm Layergg conducted a thorough study and shared insights on potential candidates for future listings.

Layergg: Promising Meme Coin Projects with Listing Potential on Coinbase and Robinhood

As reported by Btcpiyasasi.com, being listed on major exchanges is crucial for any cryptocurrency, especially in the volatile crypto market. Such listings often lead to significant price surges for the altcoins involved. Consequently, investors and traders are actively scouting for candidates that possess the potential to be featured on these exchanges. Layergg has compiled a list focusing on meme coins with high listing potential on both Coinbase and Robinhood.

According to Layergg, the following meme coins are viewed as potential candidates for inclusion on these exchanges:

WIF
FLOKI
MEW
BONK
BOME
TURBO
NEIRO
DEGEN

Source: Layergg

Among these, it’s noteworthy that FLOKI, MEW, BOME, TURBO, and NEIRO have not yet made their debut on Coinbase’s spot market. Additionally, WIF, BONK, and DEGEN are currently absent from Robinhood’s offerings, enhancing their status as potential candidates for future listings.

Coinbase Listing Causes a 75% Spike in PEPE’s Price

Just yesterday, during the early trading hours, PEPE was valued at approximately $0.000013. However, a cryptic tweet from Coinbase’s Chief Legal Officer, Paul Grewal, hinted at an imminent listing of the meme coin. Grewal stated, ‘You have been asking for a frog for a long time. You will get the frog soon. Coinbase is adding PEPE to our listing roadmap with the goal of listing it later today. Thanks for your patience.’ This message generated considerable excitement among investors.

Coinbase confirmed the listing with a playful frog emoji, and later that day, PEPE was officially added to the exchange. Interestingly, this announcement coincided with Robinhood’s decision to list PEPE as well, further amplifying the coin’s visibility. As a result, PEPE’s price skyrocketed to $0.000022, reflecting an impressive surge.

The trading volume for PEPE also saw a remarkable increase, reaching $53.14 trillion, which amounts to approximately $1.16 billion. However, analysts have noted that this sharp increase in trading volume could indicate selling pressure, suggesting that PEPE’s price might experience a correction in the short term.

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