Pepe Hits All-time High Following Listing On Coinbase And Robinhood. Is Meme Coin Season On The Cards?

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• PEPE, the world's third-largest meme coin by market cap, was announced to be listed on US-based crypto exchanges Coinbase and Robinhood, propelling its price to a new all-time high.
• The frog-themed cryptocurrency saw its trading volume skyrocket by 50 after nearly touching the 10 billion mark. This resulted in Pepe's market cap surpassing 8.2 billion before settling.
• The meme coin market is currently awaiting a bull run as Trump's landslide victory in the US elections has boosted the broader crypto market, with Bitcoin BTC setting a new all-time high of 93,430, and other altcoins in line to surge.
• Pepe Unchained PEPU, a Pepe the Frog-inspired meme coin, has raised 28 million during pre-sale, which is set to conclude in 30 days. One crypto whale is holding 320K worth of PEPE, as it is expected to be listed on leading exchanges.

The price of the popular meme coin Pepe PEPE has hit a new all-time high of 0.00001979 after it was listed on U.S-based crypto trading platforms Robinhood and Coinbase.

The market capitalization of the world's third-largest meme coin soared by over 50 on Wednesday, surpassing the 8.2 billion mark before experiencing a marginal pullback. News of the listing came as a surprise to meme coin traders, with market experts now calling on investors to raise their price target as it has added fuel to the ongoing bull market euphoria.

PEPE Set Record Highs After Coinbase And Robinhood Listing

PEPE is now one of the rare few meme coins to be listed on two of the world's largest cryptocurrency exchanges - Binance and Coinbase. Robinhood's announcement that it would list PEPE kicked off a rush in trading activity, resulting in its trading volume exploding to nearly 10 billion.

The Robinhood listing could be a milestone for Pepe because the platform also relisted Solana SOL, Ripple XRP, and Cardano ADA, which are coins that were de-listed during the crypto bear market in 2022.