Pepe Remains Bullish Despite 6% Drop Today, Boosted by Coinbase Futures Launch

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PEPE Coin Price

The meme coin wave of 2024 shows no signs of slowing down, with the popular crypto Pepe being the latest to experience a very high rise in a short timeframe. Over the last 7 days, Pepe has soared by an unexpected mark of over 50%, solidifying its position as one of the top performers in the volatile meme coin market.

The catalyst for Pepe’s rally can be attributed to a recent announcement from the cryptocurrency exchange Coinbase. On April 23th,2024, Coinbase unveiled plans to launch Pepe perpetual futures, expanding trading options for the digital asset. This move is expected to attract more liquidity and institutional interest, further fueling the meme coin’s upward momentum.

This introduction of Pepe perpetual futures on…

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