Popular frog-themed meme token PEPE has attracted attention, rising 94% in the last week. The support of Coinbase, the leading US-based crypto exchange, continues PEPE to gain value.
Coinbase Listing
In the new announcement made by Coinbase, it was stated that investors can buy, sell, exchange, store and convert PEPE. This listing made PEPE accessible to a wider audience of investors.
News of the listing had a positive impact, pushing PEPE’s price up 16% from its November 14 low. This increase continues the upward trend experienced before the presidential elections.
Robinhood’s Crypto Expansion
Robinhood announced this week that it will add more altcoins, including PEPE. Cardano (ADA) 
$0.741226 Crypto assets such as and XRP are also expected to join their portfolios.
“We have received requests from our customers for access to more digital assets and are excited to continue expanding our crypto offering,” said Johann Kerbrat, VP and General Manager of Crypto at Robinhood.
While the price of PEPE is currently trading at $0.00002147, there has been a 6% decline in the last 24 hours. This fluctuation is considered an indicator of volatility in the memecoin market.
The support of PEPE by major exchanges such as Coinbase and Robinhood could increase interest in meme coins, creating positive effects on the future performance of such assets. Investors state that stock exchange listings are important for the activity in the cryptocurrency market.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
