Coinbase Welcomes This Major Meme Cryptocurrency Following PEPE Listing

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As a seasoned crypto investor with a knack for spotting trends and a penchant for meme coins, I must admit, the recent listings of PEPE and Dogwifhat (WIF) on Coinbase have me intrigued. Having weathered numerous market cycles, I’ve learned to keep an open mind and seize opportunities when they present themselves.

Over the past day, the well-known cryptocurrency trading platform, Coinbase, has added two new meme coins to its roster – Pepe (PEPE) and Dogwifhat (WIF). These fresh listings are now accessible for transactions on the site.

Yesterdays news from Coinbase’s Chief Legal Officer, Paul Grewal, announced that the meme-based cryptocurrency PEPE would be available on their platform. This decision was made due to a strong demand within the crypto community.

For quite some time now, you’ve been eager to secure the frog. Great news! It seems that Coinbase plans to add PEPE to its listings soon, potentially as early as today, according to a statement made by Grewal on Twitter.

Following this action, Coinbase disclosed the addition of yet another significant meme coin to its platform. In this case, it was a canine token associated with Solana, namely Dogwhati (WIF).

Dogecoin (WIF) is now accessible in the Coinbase mobile apps for both iOS and Android users. Coinbase clients are now able to trade, exchange, send, receive, or save Dogecoin directly from their accounts.

— Coinbase Assets 🛡️ (@CoinbaseAssets) November 13, 2024

Based on a recent post on Twitter, it’s been announced that Dogwifhat (WIF) has been made available on Coinbase through their iOS and Android applications. Now, Coinbase users have the ability to purchase, sell, exchange, send, receive, or store WIF directly from these apps.

In simpler terms, the addition of Dogwifhat to Coinbase’s platform signifies another step in their strategy to expand their services and appeal to the increasing curiosity surrounding meme tokens. These tokens have gained significant popularity recently as the market has experienced rapid growth, making them a focal point of attention.

Based on Santiment’s data analysis, it seems that meme coins have been the top performers among investors over the last week. Dogecoin (DOGE) saw a significant increase of 96%, followed closely by PEPE at 97%. WIF and BONK also experienced impressive growth with WIF rising by 67% and BONK achieving the same percentage gain.

WIF, PEPE price skyrocket

PEPE and Dogwifhat experienced substantial price rises after getting listed on Coinbase. PEPE soared by over 80% in value, while Dogwifhat jumped by 36%, which was a strong start for both tokens on one of America’s largest cryptocurrency exchanges.

Pepe experienced an impressive jump of approximately 78% in its value right after it was listed on Coinbase. This sudden rise propelled PEPE to unprecedented peak values, driven by escalating trading activity and heightened investor attention.

As I pen this down, it’s exciting to see PEPE surging, having jumped an impressive 60% in just the past 24 hours to reach $0.00002122. Over the week, this surge has been even more remarkable, with a whopping 103% increase! Currently, PEPE stands as the 15th largest cryptocurrency by market capitalization, boasting a staggering valuation of $8.93 billion.

As a dedicated researcher delving into the world of cryptocurrencies, I find myself captivated by Dogecoin (WIF), currently ranking as the 26th largest digital asset with a staggering market capitalization of approximately $4 billion. Intriguingly, within the past day, it has seen a significant surge, climbing up to a price point of $4.01, representing a substantial 32% increase.

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2024-11-14 17:15