Bitcoin
Bitcoin (BTC)
$68,890.00 -0.16724
Bitcoin price
Ethereum
Ethereum (ETH)
$3,928.10 3.16446
Ethereum price
BNB
BNB (BNB)
$603.59 0.51891
BNB price
Solana
Solana (SOL)
$167.82 2.44959
Solana price
XRP
XRP (XRP)
$0.5333650 -0.18877
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000257 4.47792
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000168 4.39575
Pepe price
Bonk
Bonk (BONK)
$0.0000377 5.39803
Bonk price
Bitcoin
Bitcoin (BTC)
$68,890.00 -0.16724
Bitcoin price
Ethereum
Ethereum (ETH)
$3,928.10 3.16446
Ethereum price
BNB
BNB (BNB)
$603.59 0.51891
BNB price
Solana
Solana (SOL)
$167.82 2.44959
Solana price
XRP
XRP (XRP)
$0.5333650 -0.18877
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000257 4.47792
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000168 4.39575
Pepe price
Bonk
Bonk (BONK)
$0.0000377 5.39803
Bonk price
Bitcoin
Bitcoin (BTC)
$68,890.00 -0.16724
Bitcoin price
Ethereum
Ethereum (ETH)
$3,928.10 3.16446
Ethereum price
BNB
BNB (BNB)
$603.59 0.51891
BNB price
Solana
Solana (SOL)
$167.82 2.44959
Solana price
XRP
XRP (XRP)
$0.5333650 -0.18877
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000257 4.47792
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000168 4.39575
Pepe price
Bonk
Bonk (BONK)
$0.0000377 5.39803
Bonk price
Bitcoin
Bitcoin (BTC)
$68,890.00 -0.16724
Bitcoin price
Ethereum
Ethereum (ETH)
$3,928.10 3.16446
Ethereum price
BNB
BNB (BNB)
$603.59 0.51891
BNB price
Solana
Solana (SOL)
$167.82 2.44959
Solana price
XRP
XRP (XRP)
$0.5333650 -0.18877
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000257 4.47792
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000168 4.39575
Pepe price
Bonk
Bonk (BONK)
$0.0000377 5.39803
Bonk price
SirWin
SirWin
SirWin

Coinbase to launch perpetual futures for PEPE

coinbase-perpetual-futures-pepe
Edited by
News
Coinbase to launch perpetual futures for PEPE

Coinbase International Exchange announced the launch of perpetual futures trading for a Pepe meme coin.

Pepe (PEPE) futures trading on Coinbase International and Coinbase Advanced platform will be available from April 18.

“Coinbase International Exchange will list PEPE perps on Coinbase International and Coinbase Advanced and commence trading on or after 9:30 a.m. UTC on April 18.”

Coinbase announcement

Amid the news, PEPE’s value reacted with an immediate rise of nearly 10%, according to CoinMarketCap. PEPE showed a 6.5% gain over the previous 24 hours, reaching $0.0000074.

Coinbase to launch perpetual futures for PEPE - 1
24-hour chart of PEPE from CoinMarketCap

Previously, Coinbase had reservations about listing PEPE, citing its association with controversial hate symbols. However, the decision to list PEPE futures indicates a shift, likely influenced by market demand and the meme coin trend.

PEPE is the fourth largest meme coin by market capitalization, valued at $3 billion. The market’s enthusiasm for meme coins and PEPE’s prominence as a leading Ethereum (ETH) token likely influenced Coinbase’s decision to explore futures trading for PEPE.

PEPE’s value surged 350% in a week at the beginning of March, making it the third-largest meme coin by market capitalization with a 600% monthly increase. The meme coin’s current momentum, marked by significant withdrawals and investments, underscores a widespread “Extreme Greed” sentiment among its investors.