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Will Coinbase List PEPE? History and New Milestones Favor Trending Memecoin

Following the re-emergence of rumors of PEPE listing on Coinbase, we consider the chances of such a high-profile listing happening for the memecoin.

Wilfred Michael•May 14, 2024
pepe

After a 100% gain in the past month and setting a new all-time high, talks of a Coinbase listing for the popular memecoin PEPE have resurfaced. Many PEPE investors wonder whether Coinbase will finally list PEPE, especially with the token recently breaking into the top 25 cryptocurrencies by market capitalization.

Will Coinbase Finally List PEPE coin?

While there is no certain way to determine whether or when Coinbase will list PEPE, certain factors provide a cue. For one thing, the exchange has already shown that it is open to welcoming memecoins that gain significant traction and momentum.

Earlier this year, Coinbase added Solana-based BONK to its offerings, even though the memecoin was ranked below the top 50 coins by market capitalization. BONK’s addition evidently resulted from its wide adoption with Solana’s growing ecosystem, a trend similar to what PEPE is currently enjoying, albeit on Ethereum.

Another hint that Coinbase could list PEPE is that the exchange already added perpetual trading for the asset on its global arm, Coinbase International. While both entities supposedly operate independently, the international platform listing suggests that PEPE is already on Coinbase’s radar.

Meanwhile, newcomers to PEPE may not remember the famous Coinbase PEPE apology. Last year, Coinbase came under fire for a controversial newsletter that painted a negative picture of PEPE and its community. The community got the #DeleteCoinbase hashtag trending, with Coinbase eventually offering a public apology to appease the PEPE community.

In summary, a listing at PEPE’s peak trend period and near all-time high may provide an opportunity for Coinbase to completely reconcile with the memecoin community. The recent surge in the coin’s price also suggests that investors believe such a high-profile listing is possible, with PEPE already on Binance, Kraken OKX, and other top-tier exchanges.

It is worth mentioning that the foregoing does not in any way indicate that Coinbase will list PEPE. The signs are largely positive as they could also mean nothing about Coinbase’s intention to add the memecoin.

At the time of writing, PEPE is trading at $0.00001067, representing a 10% gain in the past 24 hours. Its market cap currently stands at $4.45 billion, slightly below the $4.7 billion record set earlier this week.

Wilfred Michael

Wilfred Michael is a highly experienced cryptocurrency journo. He has spent more than five years covering this exciting new technological space, and relishes the opportunity to play a role in driving what he considers to be the future of finance.