TL:DR;

• The third-largest meme coin has exploded by 50% in the past 24 hours and over 100% on a weekly scale.
• The asset was listed on a few global exchanges lately, which could be among the reasons of the massive rally and the new all-time high.

Exchange Listings

It does feel like a bull market now, especially for some more volatile cryptocurrencies, like meme coins. After the recent rallies by DOGE and SHIB, now is the time for the third-largest of the cohort – PEPE. The frog-inspired meme skyrocketed by 52% in the past 24 hours and blasted through its previous all-time high. As such, it marked a fresh peak of $0.00002.

Perhaps the two most evident reasons come from Robinhood and Coinbase. The former said it will start offering trading services with the meme coin, as well as SOL, XRP, and ADA.

Almost at the same time, Coinbase’s Chief Legal Officer – Paul Grewal – indicated that the largest US-based exchange will follow the same path when it comes down to PEPE. Moreover, Grewal confirmed the speculations that PEPE will be listed as soon as today.

You’ve long wanted the frog. Well, soon you’ll get the frog. @coinbase is adding PEPE to our listing roadmap with the goal of listing later today. Thanks for your patience.

— paulgrewal.eth (@iampaulgrewal) November 13, 2024

Market Surge

The other two possible reasons are mostly related to the entire cryptocurrency landscape and are not so PEPE-centered. After all, the entire market has turned green today, with bitcoin