Coinbase, a prominent cryptocurrency platform, has made a significant announcement. It has now made Pepe (PEPE) available for trading to the residents of New York. This move is set to have a notable impact on the local cryptocurrency market.
Starting today, users in New York have been granted the ability to directly buy, sell, send, and store PEPE. They can conduct these transactions conveniently on the Coinbase platform. This includes both the website interface, which offers a comprehensive and detailed trading experience, and the mobile apps. The mobile apps provide the advantage of on-the-go access, allowing users to manage their Pepe holdings and trading activities anytime and anywhere.
This development comes in the wake of an earlier event. Just a couple of weeks after Coinbase first listed PEPE on November 13, 2024, the cryptocurrency landscape has seen some interesting changes. When it was first listed, the token experienced a remarkable surge. Its price almost shot up by 30%, reaching a value of $0.0000181. This listing was not in isolation. Pepe was listed along with other popular memecoins like Dogecoin and Shiba Inu, which have also had their own market dynamics and followings.
As of the present moment, Pepe is trading at a price of $0.00001943. In the last 24 hours, it has shown a 7% increase in its trading value. This upward trend is an indication of the current market sentiment and demand for the token. Moreover, the market cap of Pepe has also surged by 6%, reaching a total of 8 billion. This growth in market cap reflects the overall expansion and interest in the Pepe cryptocurrency within the market, potentially attracting more investors and traders to take notice and consider it as part of their portfolios.
Related Topics:
How to Buy Shiba Coin on Coinbase
