Crypto Market News: The PEPE Coin took the crypto market by storm as it zipped past the top 100 crypto token club in terms of market size in a space of just two weeks. The frenzy around the cryptocurrency is now spread to various other memecoins, while the rest of the crypto market has been in a lull as Bitcoin price saw sideways movement in the past few weeks. In the meanwhile, the listing of PEPE in some of the top crypto exchanges came as a timely boost for the memecoin.
Also Read: Bitcoin, Ethereum Price Rises As US CPI Inflation Cools To 4.9%
On Wednesday, the Bitcoin price saw positive momentum as it went past $28,000 mark following the US CPI data. For the month of April 2023, the annual US Consumer Price Index (CPI) inflation came in at 4.9%, lower than the 5% expected figure. Whereas PEPE, with a 103% rise over the last 7 days, has been witnessing sideways pattern since its Binance listing.
In terms of asset listing of PEPE, the two major platforms that are yet to take the initiative are Robinhood and Coinbase. Popular influencers in the crypto market are speculating on the prospect of Robinhood listing the memecoin next.
Another Twitter account ‘Backwards’ predicted that the memecoin will be listed on Robinhood by May 19, 2023.
Also Read: Crypto Giant Galaxy Digital Moving Operations Off Shore Citing US Regulatory Headache
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