• PEPE rose 10% on the news of the listing but dropped soon after.
• The decision to list PEPE follows the news of upcoming launch of DOGE futures on Coinbase.

Frog-themed token Pepe [PEPE] recorded a sharp spike during after U.S. trading hours on 11th April, on what looked like as a response to its listing on Coinbase International Exchange.

上市消息传出后，PEPE 上涨 10%，但不久后又下跌。在 Coinbase 即将推出 DOGE 期货的消息传出后，PEPE 就上市了。以青蛙为主题的代币 Pepe [PEPE] 在 2019 年美国交易时段后大幅上涨4 月 11 日，这似乎是对其在 Coinbase 国际交易所上市的回应。

PEPE gains entry on a marquee platform

The fourth-largest memecoin rose 10% to $0.000075 in the five hours following the announcement via an X post, according to CoinMarketCap. However, profit-taking pulled the coin lower, and it was trading at $0.000071 as of this writing.

根据 CoinMarketCap 的数据，PEPE 进入大型平台 根据 CoinMarketCap 的数据，第四大模因币在 X 帖子发布公告后的五个小时内上涨了 10%，至 0.000075 美元。然而，获利了结导致代币走低，截至撰写本文时，其交易价格为 0.000071 美元。

For the curious, Coinbase International Exchange allows institutional users based in eligible jurisdictions outside of the U.S. to trade perpetual futures. The exchange said that trading for PEPE perps would commence on or after 9:30 a.m. UTC on the 18th of April.

令人好奇的是，Coinbase 国际交易所允许美国以外符合条件的司法管辖区的机构用户交易永续期货。该交易所表示，PEPE 永续合约的交易将于 4 月 18 日世界标准时间上午 9:30 或之后开始。

The listing on a prestigious trading platform was a testament to the giant strides taken by the $3 billion-plus market cap token. PEPE peaked at $0.00001 during last month’s memecoin frenzy, and has exploded more than 5x since 2024 began.

在著名交易平台上的上市证明了这个市值超过 30 亿美元的代币取得了巨大进步。 PEPE 在上个月的 memecoin 热潮中达到了 0.00001 美元的峰值，自 2024 年开始以来已经爆炸了超过 5 倍。

PEPE’s futures market expands

The rally generated considerable buzz in the derivatives markets, leading traders to speculate on its price movements.

PEPE 期货市场扩大这次反弹在衍生品市场引起了相当大的轰动，导致交易者对其价格走势进行猜测。

According to  AMBCrypto’s analysis of Coinglass’ data, the Open Interest (OI) in PEPE futures rose 322% in the past two months, totaling $76 million at press time.

根据 AMBCrypto 对 Coinglass 数据的分析，PEPE 期货的未平仓合约 (OI) 在过去两个月中增长了 322%，截至发稿时总计 7600 万美元。

Source: Coinglass

资料来源：Coinglass

However, majority of the traders were positioned for price declines, as the Longs/Shorts Ratio was less than 1 at press time.

然而，大多数交易者都做好了价格下跌的准备，因为截至发稿时多头/空头比率小于 1。

Memecoins come into mainstream

The decision to list PEPE comes hours after Coinbase announced the upcoming launch of futures products tied to Dogecoin [DOGE], the first and the largest memecoin in the market, after gaining approval from the U.S. futures regulator.

Memecoin 成为主流 在获得美国期货监管机构批准后，Coinbase 宣布即将推出与狗狗币 [DOGE] 相关的期货产品，这是市场上第一个也是最大的 memecoin。几个小时后，就决定列出 PEPE。

Read PEPE’s Price Prediction 2024-25

阅读 PEPE 2024-25 年价格预测

These developments marked a decisive shift in the perception of memecoins in world’s largest financial market, which has earlier been apprehensive of their rise.

这些发展标志着全球最大的金融市场对模因币的看法发生了决定性转变，该市场此前一直对模因币的崛起感到担忧。

Note that PEPE lacks any utility or expectation of financial return, as per the creators’ own admission.

请注意，根据创作者自己的承认，PEPE 缺乏任何效用或财务回报预期。

下一篇： 柴犬闪烁着这个危险的警告信号 ShareShareTweet