Pepe Coin (PEPE), a popular Solana meme coin, rallied nearly 5% today.
The surge comes ahead of its perpetual futures listing on the Coinbase International Exchange.
Moreover, the PEPE meme coin also witnessed a surge in open interest.
Coinbase International Exchange To List Pepe Coin Perp
The Coinbase International Exchange has announced that the Pepe Coin perpetual futures will be listed on the platform at 9:30 a.m. UTC on Tuesday, April 23.
However, this launch is a delayed one as it was earlier scheduled for listing on April 18.
In the latest update on X, the exchange wrote, “@CoinbaseIntExch will add support for Pepe perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our 1000PEPE-PERP market will begin on or after 9:30am UTC on 23 APR 2024.”
Earlier, when the exchange delayed the Pepe Coin futures listing, the meme crypto registered a loss.
While the price decline was triggered by an overall bearish trend, the delayed launch accelerated the slump.
However, the crypto community is elated to watch Coinbase embracing Pepe Coin since the two parties were engaged in a controversy earlier.
The Coinbase exchange has once marked Pepe Coin as a “hate symbol.” Nonetheless, the clash cooled down eventually and now the crypto trading avenue is gearing up to introduce the PEPE perpetual futures on its platform.
Also Read: PEPE Price: How Is Pepe Coin Doing Today?
PEPE Price Surge