Popular meme coin pepe (PEPE) jumped on the news that Coinbase International Exchange will open a perpetual futures market for the token next week. PEPE gained as much as nearly 10% immediately after the announcement before paring most of the gains.
The news sparked hopes among traders that it could foreshadow a potential spot listing for the fourth largest memecoin, boasting a $3 billion market capitalization. At press time, the token had pulled back to about a 3% advance over the past 24 hours.
#pepe-coin #coinbase-international-exchange #perpetual-futures-market #memecoin #cryptocurrency-trading
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