The cryptocurrency Pepe ($PEPE) has seen a significant uptick in value, rising approximately 16% following the announcement of new perpetual futures contracts on Coinbase Advanced. These contracts, which allow trading of 1000PEPE-PERP with up to 10X leverage, are available outside the US and UK. The launch of these contracts, set to start trading 17 hours and 30 minutes from the announcement, coincides with anticipations of an eventual spot listing, which traditionally boosts values. Market sentiment is optimistic, with projections suggesting that the price of $PEPE, currently near 70, could quickly reach 90, and potentially even a dollar.
Pepe wants a new ATH and Coinbase is happy to help https://t.co/6Xwzqf5nAz
New perpetual futures contracts are now available to trade on Coinbase Advanced. You can now trade 1000PEPE-PERP with up to 10X leverage. $PEPE Happy trading to those in eligible jurisdictions (outside the US and UK). https://t.co/uY4CsPyWce
$pepe to a dollar 🐸 https://t.co/RD7DmTR69o
Pepe up ~16% on this news (and obvious implication of future spot listing) is very encouraging (eventual) spot listing playbook seems to still work great https://t.co/rxcnmleiV6
$PEPE almost at 70, the move to 90 should be quick. https://t.co/SkTs8ajGeI
$PEPE perpetuals start trading on @coinbase 17 hours 30 minutes from this post. https://t.co/f2wZasFCZ3