Key Points
PEPE reached a new ATH, bolstered by major exchange support.
- On November 14, Upbit, Coinbase, and Robinhood listed PEPE.
- Upbit's listing, specifically, contributed to the rally.
- PEPE hit a new ATH near $0.000025.
PEPE Rallies on Exchange Support
At the time of writing, PEPE trades above $0.000022, a 75% increase within 24 hours. Earlier today, it reached an ATH near $0.000025.
PEPE now boasts a market cap exceeding $9.45 billion, fueled by a recent price surge that accelerated after exchange announcements.
Coinbase and Robinhood Embrace PEPE
Coinbase's listing announcement triggered a 40% price rally. Robinhood also listed PEPE alongside SOL, XRP, and ADA.
Memecoin Sector Soars
The memecoin sector has witnessed a substantial surge in recent days. Within 24 hours, its market cap increased by 9%, nearing $126 billion (CoinGecko data). Trading volume surpassed $93.4 billion, with PEPE, PNUT, and NOT among the top performers.
Other memecoins with notable gains include:
- WIF: 36% increase
- PNUT: 123% increase
- MOODENG: 54% increase
Elon Musk's support for PNUT has also contributed to the sector's rally.