Popular Memecoin Has Experienced a Huge Rise in the Last 24 Hours! Market Value Exceeded 10 Billion Dollars! Here are the Details

Popular memecoin Pepper (PEPE), experienced a significant increase in its value, and its market capitalization exceeded $10.2 billion in a short time, while it was approximately $5.7 billion the day before.

Pepe’s Market Value Exceeds 10 Billion Dollars with a 77% Price Increase

This massive rise follows listings on multiple major exchanges, pushing its price up 77% in the last 24 hours to $0.000024. Currently, Pepe’s market value has reached approximately 9.5 billion dollars.

The price increase was spurred by high-profile listings. Robinhood Crypto recently added Pepe alongside Solana, Cardano, and XRP for US customers.

The addition of these tokens comes as Robinhood reintroduced Solana, Cardano, and XRP after they were delisted due to regulatory scrutiny from the U.S. Securities and Exchange Commission (SEC).

Another major exchange, Coinbase, also began trading for Pepe on Wednesday, while Upbit, South Korea’s largest exchange, opened a Pepe trading pair today.

Upbit, which ranks fifth worldwide in terms of spot transaction volume on CoinMarketCap, has achieved a transaction volume of over 10 billion dollars in the last 24 hours.

Min Jung, a research analyst at Presto Research, noted the importance of Pepe’s listing on Robinhood and Coinbase, emphasizing how these platforms had previously approached memecoins conservatively.

“Now, with easier access to these platforms, U.S. retail investors who were once limited to decentralized exchanges can engage more directly, potentially driving more momentum for PEPE among American investors,” Jung said.

*This is not investment advice.