PEPE has staged a remarkable rally, gaining around 50% as investors look to retest the March all-time high.
Coinbase Futures has listed PEPE perpetual future contracts, helping drive investor interest, and increase liquidity.
PEPE continues to lead the crypto market amid bearish sentiments. The frog-themed memecoin has gone against the tide, recording gains amid market turmoil. The memecoin has enjoyed massive interest in recent weeks, more recently celebrating the launch of the PEPE perpetual features on the Coinbase platform.
As CNF reported, Coinbase listed PEPE on 23rd April after a delay on the 11th of April, because of technical issues. Following the announcement and listing, PEPE has performed exceptionally, proving Coinbase’s influence on the market.
Despite initial reservations due to its controversial associations, Coinbase’s move to offer PEPE futures signals a shift likely driven by market demand. Investors have taken an interest in memecoins, due to their volatility w
