Pepe coin is set to list on South Korea’s biggest exchange amid a row of global recognition. The Korean Won trading pair for the coin will be listed on Upbit on November 14th amid a global adoption.
The listing news has led to a necessary boom for the coin, making PEPE’s price rise over 80%. At the press time, the coin is trading at $0.00002339, up nearly 81.11% compared to the same time last day.
The listing also reflects a wider adoption for the coin given that PEPE’s long-awaited Coinbase listing came just yesterday. In addition to this, Robinhood also listed PEPE on its roster yesterday.
PEPE’s Current Korean Won Trading Pair Comes Amid Upbit’s Previous PEPE USDT Pair Listing
The PEPE Korean won trading pair is set to be introduced by Upbit, making it the second PEPE trading pair that the exchange is about to list. Previously, Upbit had decided to list PEPE’s USDT trading pair.
Upbit’s decision to include a second listing for the token reflects the increasing demand for alternative digital assets, which is mostly driven by community interest and viral online trends.
PEPE Gets Coinbase and Robinhood Listing
Given Coinbase’s previous dispute with the PEPE community, the company’s formal listing of PEPE is a historic change. Only a few hours after Robinhood’s announcement that PEPE would be listed, the news was released.
This gave the entire community a boost, making them confident of a larger adoption and increased market grip for the coin.
PEPE Sees Higher Market Adoption
With more and more exchanges listing trading pairs for PEPE, the coin’s popularity has been at its peak at present. The popularity comes as memecoins have seen higher market traction.
For most investors, riskier investments have become more alluring given that the global money supply has expanded more quickly. A portion of this cash also goes into popular cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), even if the majority is allocated to more conventional assets like real estate and the S&P 500. Memecoins, on the other extreme, are high-risk, high-reward investment instruments for excess funds.
At the same time, a lot of individual investors are looking at new ways to make money, which reflects shifting views in traditional finance. Blockchain is a cutting-edge financial technology that offers more accessibility and transparency than the conventional financial system. Memecoins aim to uphold these ideals by attempting to lessen insider advantages and promote equitable access for investors around the world.
Currently, the Fear & Greed Index for PEPE is at 84 (Extreme Greed), indicating a bullish mindset. Over the past 30 days, Pepe Coin’s price volatility was 15.33% and it had 15/30 (50%) green days.
With the current bullish trading, investors are now awaiting more green trading days for the coin in the future.