Key Takeaways
- PEPE has skyrocketed by over 127% in a week, reaching a new all-time high.
- PEPE’s market cap has exploded to $9.45 billion, making it the 15th largest cryptocurrency.
- Listings on major exchanges like Coinbase and Robinhood may majorly factor in the explosive growth.
PEPE is experiencing a meteoric rise, surging by triple digits in the past week and reaching a new all-time high.
This explosive growth has propelled PEPE into the top 15 cryptocurrencies by market cap, with a valuation exceeding $9 billion.
PEPE Among Top 20 Crypto
PEPE, the third-largest memecoin , has seen its value skyrocket, marking an incredible 75% rise within the last 24 hours and an even more impressive 127% over the past week.
This surge catapulted PEPE to a new all-time high of $0.00002524 on Nov. 14 before retracing to $0.00002243 at the time of this writing.
The memecoin’s market cap now stands at $9.45 billion, making PEPE the 15th largest cryptocurrency by that metric. Additionally, the trading volume for the last day alone surged by 255%, reaching $20.85 billion.
PEPE’s surging popularity has driven a 63% increase in open interest on Coinglass, reaching $316 million. This heightened interest has also led to significant liquidations, totaling $48 million in the past 24 hours.
Coinbase And Robinhood To List PEPE
Recent listings on several global cryptocurrency exchanges are believed to have contributed significantly to this explosive growth.
Coinbase Chief Legal Officer Paul Grewal announced PEPE’s listing on X , stating that the exchange had added PEPE to its roadmap and planned to list it on the same day.
This move was enthusiastically received by the PEPE community, which had been advocating for the listing for some time.
Robinhood also announced its intention to list PEPE , Solana (SOL), Cardano (ADA), and XRP.
“We’ve consistently heard from our customers that they want access to more digital assets, and we’re excited to continue expanding our crypto offering,” said Johann Kerbrat, VP and GM of Robinhood Crypto.
