{"id":27286,"date":"2024-04-12T01:00:17","date_gmt":"2024-04-12T01:00:17","guid":{"rendered":"https:\/\/newhampshiredigitalnews.com\/index.php\/2024\/04\/12\/coinbase-to-launch-perpetual-futures-for-pepe\/"},"modified":"2024-04-12T01:00:17","modified_gmt":"2024-04-12T01:00:17","slug":"coinbase-to-launch-perpetual-futures-for-pepe","status":"publish","type":"post","link":"https:\/\/newhampshiredigitalnews.com\/index.php\/2024\/04\/12\/coinbase-to-launch-perpetual-futures-for-pepe\/","title":{"rendered":"Coinbase to launch perpetual futures for PEPE"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"is-style-lead\">Coinbase International Exchange announced the launch of perpetual futures trading for a Pepe meme coin.<\/p>\n<p>Pepe (PEPE) futures trading on Coinbase International and Coinbase Advanced platform\u00a0<a href=\"https:\/\/twitter.com\/CoinbaseIntExch\/status\/1778453459315904565\" target=\"_blank\" rel=\"noopener\">will be available<\/a>\u00a0from April 18.<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cCoinbase International Exchange will list PEPE perps on Coinbase International and Coinbase Advanced and commence trading on or after 9:30 a.m. UTC on April 18.\u201d<\/p>\n<p><cite>Coinbase announcement<\/cite><\/p><\/blockquote>\n<p>Amid the news, PEPE\u2019s value reacted with an immediate rise of nearly 10%, according to CoinMarketCap. PEPE showed a 6.5% gain over the previous 24 hours, reaching $0.0000074.<\/p>\n<figure class=\"wp-block-image size-large\"><picture decoding=\"async\" class=\"wp-image-14265049\"><source type=\"image\/webp\" srcset=\"https:\/\/crypto.news\/app\/uploads\/2024\/04\/PEPE_1D_graph_coinmarketcap-1024x495.jpeg.webp\"\/><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"495\" src=\"https:\/\/crypto.news\/app\/uploads\/2024\/04\/PEPE_1D_graph_coinmarketcap-1024x495.jpeg\" alt=\"Coinbase to launch perpetual futures for PEPE - 1\"\/>\n<\/picture><figcaption class=\"wp-element-caption\">24-hour chart of PEPE from CoinMarketCap<\/figcaption><\/figure>\n<p>Previously,\u00a0<a href=\"https:\/\/crypto.news\/tag\/coinbase\/\" target=\"_blank\" rel=\"noopener\">Coinbase<\/a>\u00a0<a href=\"https:\/\/x.com\/pauly0x\/status\/1778463169108689084?s=46&amp;t=z-3qPWdjSvlm0gpO8OOLdQ\" target=\"_blank\" rel=\"noopener\">had<\/a> reservations about listing PEPE, citing its association with controversial hate symbols. However, the decision to list PEPE\u00a0<a href=\"https:\/\/crypto.news\/tag\/perpetual-futures\/\" target=\"_blank\" rel=\"noopener\">futures<\/a>\u00a0indicates a shift, likely influenced by market demand and the meme coin trend.<\/p>\n<p>PEPE is the fourth largest\u00a0<a target=\"_blank\" href=\"https:\/\/crypto.news\/tag\/meme-coin\/\" rel=\"noopener\">meme coin<\/a>\u00a0by market capitalization, valued at $3 billion. The market\u2019s enthusiasm for meme coins and PEPE\u2019s prominence as a leading Ethereum (<a target=\"_blank\" href=\"https:\/\/crypto.news\/price\/ethereum\/\" rel=\"noopener\">ETH<\/a>) token likely influenced Coinbase\u2019s decision to explore futures trading for PEPE.<\/p>\n<p>PEPE\u2019s value surged 350% in a week at the\u00a0<a href=\"https:\/\/crypto.news\/pepe-bull-run-millionaires\/\" target=\"_blank\" rel=\"noopener\">beginning of March<\/a>, making it the third-largest meme coin by market capitalization with a 600% monthly increase. The meme coin\u2019s current momentum, marked by significant withdrawals and investments, underscores a widespread \u201cExtreme Greed\u201d sentiment among its investors.<\/p>\n<p><a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMOqEsgsw95_JAw\" class=\"google-news-banner google-news-banner--size-wide\" target=\"_blank\" rel=\"noopener\"><br \/>\n<span class=\"google-news-banner__label\">Follow Us on Google News<\/span><br \/>\n<\/a>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/crypto.news\/coinbase-perpetual-futures-pepe\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase International Exchange announced the launch of perpetual futures trading for a Pepe meme coin. Pepe (PEPE) futures trading on Coinbase International and Coinbase Advanced<\/p>\n","protected":false},"author":1,"featured_media":27287,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[163],"tags":[],"class_list":["post-27286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newhampshiredigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/27286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newhampshiredigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newhampshiredigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newhampshiredigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newhampshiredigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=27286"}],"version-history":[{"count":0,"href":"https:\/\/newhampshiredigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/27286\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newhampshiredigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/27287"}],"wp:attachment":[{"href":"https:\/\/newhampshiredigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=27286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newhampshiredigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=27286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newhampshiredigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=27286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}