PEPE Surges 127%, Cracks the Top 20 in Market Cap Rankings

PEPE, the third-largest memecoin , has seen its value skyrocket, marking an incredible 75% rise within the last 24 hours and an even more impressive 127% over the past week.

This surge catapulted PEPE to a new all-time high of $0.00002524 on Nov. 14 before retracing to $0.00002243 at the time of this writing.

The memecoin’s market cap now stands at $9.45 billion, making PEPE the 15th largest cryptocurrency by that metric. Additionally, the trading volume for the last day alone surged by 255%, reaching $20.85 billion.

PEPE’s surging popularity has driven a 63% increase in open interest on Coinglass, reaching $316 million. This heightened interest has also led to significant liquidations, totaling $48 million in the past 24 hours.

Coinbase Chief Legal Officer Paul Grewal announced PEPE’s listing on X , stating that the exchange had added PEPE to its roadmap and planned to list it on the same day.

This move was enthusiastically received by the PEPE community, which had been advocating for the listing for some time.

Robinhood also announced its intention to list PEPE , Solana (SOL) , Cardano (ADA) , and XRP .

“We’ve consistently heard from our customers that they want access to more digital assets, and we’re excited to continue expanding our crypto offering,” said Johann Kerbrat, VP and GM of Robinhood Crypto.