Main navigation

Coinbase Next in Line to List PEPE, Here's Proof

Wed, 05/03/2023 - 13:37
article image
Godfrey Benjamin
Coinbase users can now buy PEPE through its noncustodial wallet
Coinbase Next in Line to List PEPE, Here's Proof
Cover image via

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

Coinbase discretely onboards PEPE

Coinbase exchange, America's largest trading platform, is set to jump on the bandwagon with respect to the listing of PEPE, a meme coin whose popularity is growing by the day. While being discreet about the move, Coinbase has created a dedicated page to guide its users toward buying the PEPE meme coin.

PEPE is only accessible via Coinbase Wallet

Despite the dedicated page for PEPE, Coinbase said its users can only acquire the meme coin through its noncustodial wallet. Coinbase Wallet works just like its two most popular counterparts, Metamask and Trust Wallet, and it is embedded with a dApp that hosts decentralized exchanges, through which swaps can be conducted to purchase the meme coin.

Despite the fact that PEPE is not directly listed on its mainstream trading engine yet, current support for the meme coin is considered a vote of confidence for a token that is barely a week old.

Massive hype around PEPE

PEPE has grown to become one of the most hyped meme coins in the crypto ecosystem following its parabolic price growth. Although the token is seeing a 25.72% plunge at time of writing with its price pegged at $0.000000905, it created multimillionaires within days of its launch.

Pepe (PEPE) Surpasses Shiba Inu (SHIB) in Trading Volume

Though there is a history of losses among its early traders, the bulk of the meme coin's backers are in profit as it has printed more than 298% growth over the trailing seven-day period. The parabolic run in the price of PEPE stems from the huge need for a fun new discovery in the Web 3.0 world since Shiba Inu started pivoting to being an infrastructure provider through Shibarium.

The backing Pepe is getting from some of the most prominent exchanges in the industry has also help sustained the bullish hype surrounding the token. Should Coinbase eventually decide to list the coin despite its regulatory and legal hurdles, it could be a true game-changer for the meme coin.

article image
About the author

Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0. His love for crypto was birthed when, as a former banker, he discovered the obvious advantages of decentralized money over traditional payments. With his vast experience covering various aspects of Web3, Godfrey's articles has been featured on, Cryptonews and Coingape, among others.