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Pepe Rockets 60% as Meme Coin Mania Gains Momentum – Crypto-News.net

16 November 2024
in Altcoin
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In a dramatic flip of occasions, $PEPE has taken the crypto world by storm, skyrocketing over 60% inside hours of its shock itemizing on main US exchanges. Each Robinhood and Coinbase added the meme coin to their platforms, signaling a brand new period for meme coin fanatics and merchants alike.

This marks the primary time since 2021 that Coinbase has listed a outstanding meme coin, underscoring a shifting panorama within the crypto market. Following the information, $PEPE surged to an all-time excessive of $0.00002203, with buying and selling quantity exceeding $12 billion.

The Meme Coin Supercycle Is Right here

The addition of $PEPE to Robinhood and Coinbase is being hailed as a major milestone in what analysts are calling the “meme coin supercycle.” With elevated accessibility on mainstream platforms, the potential for $PEPE and different meme cash is big.

Distinguished analyst Giba Machado aptly captured the sentiment, tweeting: “RAISE ALL your targets.”

Notably, this surge comes on the heels of Donald Trump’s victory within the US presidential election, which has bolstered optimism throughout the crypto sector. Trump has expressed intentions to take away SEC Chair Gary Gensler, a transfer broadly supported by the crypto neighborhood. Such regulatory adjustments might pave the best way for broader token listings and probably drop ongoing lawsuits in opposition to main exchanges like Coinbase and Robinhood.

Alongside $PEPE, Robinhood additionally added $SOL, $XRP, and $ADA, additional cementing its place within the quickly rising crypto buying and selling house.

Pepe Unchained: A New Participant within the Meme Coin Market

As $PEPE breaks information, one other Pepe-themed challenge is gearing up for its second within the highlight. Pepe Unchained, a brand new Ethereum Layer-2 community, is nearing the tip of a extremely profitable ICO. The presale has already raised $28 million, and with solely 30 days remaining, pleasure is at an all-time excessive.

Pepe Unchained goals to revolutionize meme coin growth and buying and selling by providing decrease transaction charges and sooner speeds. Its native token, $PEPU, performs a essential position within the community, powering transactions and rewarding early traders with as much as 87% APY for staking.

Given the loosening restrictions on token listings at main exchanges, Pepe Unchained might quickly debut on Tier-1 platforms. Analysts are urging traders to behave shortly earlier than the presale closes.

The Way forward for Meme Cash

The surge in $PEPE and the rise of Pepe Unchained underscore the rising affect of decentralized communities in shaping the crypto panorama. As meme cash achieve traction on mainstream platforms, the potential for these “joke” tasks to ship actual worth turns into more and more evident.

With the stage set for a meme coin supercycle, tasks like $PEPE and Pepe Unchained are poised to steer the cost. Buyers trying to capitalize on this momentum ought to maintain a detailed eye on these developments.



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Tags: CoinCryptoNews.netGainsManiaMemeMomentumPEPERockets
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