The Pepe value has hit a brand new all-time excessive of $0.00001979, following its highly-anticipated Coinbase and Robinhood listings.
The PEPE market capitalization soared by over 50% as we speak on Wednesday, surpassing the $8.2 billion mark earlier than a marginal pullback.
The listings have added to the continuing bull market euphoria, with specialists now calling on buyers to lift their meme coin value targets.
Decrease-cap frog meme cash are mirroring PEPE’s bullish energy. For example, Apu Apustaja is up by 24% whereas presale token Pepe Unchained has surged previous the $28 million mark behind giant whale investments.
How Excessive Can The Pepe Value Go After Coinbase, Robinhood Listings?
Pepe is now one of many uncommon few meme cash listed on the massive two crypto exchanges – Binance and Coinbase.
The Coinbase itemizing was so extremely anticipated that Chief Authorized Officer Paul Grewal personally introduced it to customers on X.
You’ve got lengthy needed the frog. Effectively, quickly you may get the frog. @coinbase is including PEPE to our itemizing roadmap with the aim of itemizing later as we speak. Thanks on your endurance.
— paulgrewal.eth (@iampaulgrewal) November 13, 2024
Nevertheless, with over 24 million TradFi buyers, Robinhood’s Pepe itemizing could possibly be a good greater milestone than the meme coin’s Coinbase debut. Robinhood has additionally listed Solana, XRP and Cardano, cryptocurrencies which it had de-listed beforehand throughout the crypto bear market.
Good morning. I’d simply say morning, however we provide $SOL, $PEPE, $XRP, and $ADA now.
— Robinhood (@RobinhoodApp) November 13, 2024
Outstanding crypto merchants have been already extremely bullish on the Pepe coin. Nevertheless, the meme coin’s latest listings are actually forcing them to push their value targets larger. There’s now a rising consensus that the PEPE market capitalization might surpass the $50 billion mark on this meme coin supercycle.
$PEPENobody is prepared for what comes subsequent 📈Considered one of my highest conviction performs this cycle.$50B mcap minimal = 10x from right here. pic.twitter.com/Uw7EAmtivA
— Guru.Asymmetry (@Asymmetry_Fi) November 13, 2024
As such, the meme coin sector is receiving a significant enhance from Bitcoin. After a nothing-burger Client Value Index knowledge on Wednesday, the Bitcoin value has hit the $93,000 mark for the primary time in its historical past.
The biggest cryptocurrency is now lower than 8% away from the highly-anticipated $100k mark. In the meantime, the Dogecoin value is constant its ascent in direction of the $1 mark, a decidedly bullish situation for the meme coin market.
Moreover, there’s now intense hypothesis about whether or not Coinbase and Robinhood might be part of Binance in its meme coin itemizing spree.
wallahi coinbase & robinhood bouta checklist each meme now
— Ansem 🐂🀄️ (@blknoiz06) November 13, 2024
It’s subsequently no shock that outstanding crypto influencers imagine that the meme coin supercycle continues to be in its beginning phases and will see a number of tokens hit the $100 billion mark.
Whales Stack Pepe Unchained – Greatest Meme Coin To Purchase Now?
As beforehand acknowledged, low-cap frog meme cash are mirroring Pepe’s bullish energy, with Apu Apustaja up by 24% as we speak.
Equally, whales are stacking Pepe Unchained (PEPU), a microcap meme coin that’s nonetheless in its presale section. For example, a whale added practically $50k price of the meme coin to his present PEPU holdings, which is now valued at over $320k.
This comes after Pepe Unchained introduced the top date of its extremely profitable presale section, December 4th, after having already raised over $28 million.
The brand new meme coin has appealed to retailers and whales alike, owing to its in-demand utilities and powerful fundamentals. It’s uncommon for any meme coin undertaking to have its personal Layer-2 chain, meme coin launchpad and native staking platform.
Quickly, PEPU holders will have the ability to profit from extraordinarily low buying and selling prices, instantaneous transactions, engaging staking rewards and early investments in new meme cash.
It’s subsequently no shock that Pepe Unchained is in such excessive demand, with many calling it the subsequent 100x crypto. Meme cash with a lot much less worth have provided a lot larger returns throughout the ongoing bull market euphoria.
With Pepe now poised to hit the $50 billion mark, low-cap frog cash could have the highlight on them, offering the best backdrop for a PEPU mega-rally following its launch.
Go to Pepe Unchained Presale
Disclaimer: It is a sponsored article and is for informational functions solely. It doesn’t replicate the views of Crypto Each day, neither is it supposed for use as authorized, tax, funding, or monetary recommendation.