The frog is jumping. After the original Dogecoin (DOGE) and wool memecoins based on Shiba Inu dogs, Pepe the Frog (PEPE) had benefited from the end of the 2022 crypto winter and the 2023 market meltdownto cause a sensation last year. Although it hasn’t been in the limelight as much anymore, Batrach’s memecoin is still full of energy, especially with its recent listing on Robinhood AND Coinbase. A strong comeback?
Pepe the Frog Joins Robinhood and Earns +50% in 1 Hour!
This Wednesday, November 13, 2024 famous broker Robinhoodspecializing in services for individual investors, announced the addition 4 new cryptocurrencies on its platform, which will therefore be open trading.
Among them, there are 3 market leaders present in Top 10 of the crypto market in terms of valuation, viz Solana (SOL), XRP from Ripple and Cardano (ADA). 4Thursday was further down the list (and more unexpected), but just after this Robinhood listing it gained a few spots: so it’s memecoin inspired Pepe the Frog.
Progress PEPE left towards the moon after this announcement. Indeed, memecoin has soundly beat his old ATH (historical maximum) from May 2023, when it was at its maximum hype original. The frog token thus exceeded $0.0000195 (compared to around $0.000013 before Robinhood’s announcement), which saw a skyrocketing +50% per hour!
PEPE memecoin will also arrive on Coinbase at the same time
It was barely more than two hours after Robinhood announced that the crypto exchange Coinbase also announced addition of Pepe the Frog on its exchange platform. Memecoin is already open for buy/sell, trading and deposits/withdrawals.
WITH bitcoin (BTC), which also exceeded its ATH in the same period by more than 93,000 dollarsthe PEPE memecoin euphoria should not wane right away. However, be careful if the crypto market is already subject to a high volatilityIt is even more for meme-based cryptocurrencies.
The craziest part is May 2023at the beginning of PEPE, Coinbase created a controversy because she had likened memecoin to a “symbol of hate”without really knowing why (her tagline ” Make memecoins great again » inspired MAGA from Donald Trump maybe?). In any case, the frog is now retaliating and reaping the rewards a strong comeback in the spotlight thanks to the new one bull runwhich generally helps memecoins well.