CEX listings are rocking the meme coin market this month after PEPE coin finally unlocked its highly anticipated Coinbase listing this week, and now pundits are speculating that Peanut the Squirrel (PNUT crypto) could be the next.
In this article, delve into the impact of Coinbase listings on meme coin prices, take a look at PEPE coin and PNUT crypto, and discover the hottest meme coin launch of 2024.
How can a major meme coin continue to grow after achieving viral success on DEX markets? The answer is simple: CEX listings.
CEX listings open the door to new opportunities for successful meme coins, connecting the project with swathes of new volume, fresh liquidity, and retail investor exposure – especially when involving the largest crypto exchanges such as Coinbase and Binance.
Recent weeks have seen astronomical gains fuelled by listings on these two CEX, and it comes as no surprise that CEX listings are the highest priority move for most projects seeking to unlock unhinged growth.
PEPE Coinbase Listing Announcement Triggers +50% Pump: Coinbase Volumes Add Over $3Bn to Mcap
Initial news 2-weeks ago, after Coinbase announced the PEPE listing triggered an immediate reversal in downside price action – with PEPE price suddenly pumping +50% in 24-hours.
With PEPE already above a multi-billion dollar market cap at this stage, the strength of this inflow cannot be understated – with a 50% move representing an inflow approaching billions.
This was quickly followed by further upside this week, as PEPE went live for spot trading for many Coinbase users – pushing PEPE into a price frenzy that has so far seen over $3Bn added to the PEPE coin market cap (now standing at $8.67Bn).
Looking at the PEPE chart, it’s easy to see how the Coinbase listing has powered up PEPE coin’s journey to a new all-time high after the announcement fuelled up a monster candle that smashed the previous ATH.
The days since have seen PEPE consolidate above the previous ATH, with Coinbase volumes rapidly buying any dip despite the top-side valuation – ultimately resulting in an extremely bullish double-bottomed support that should soon lead to price exploration.
PNUT Crypto Erupts 20X After Binance Listing: Is Coinbase Coming Next?
Meanwhile, while the top frog has been enjoying the spotlight on Coinbase, Peanut the Squirrel has been making equally exciting moves on CEX markets after a seismic Binance listing.
First announced on November 11, Binance revealed and listed PNUT crypto on the same day, triggering a limited initial +320% gain.
However, 2-days later, as Binance volumes pushed sustained pressure on price action, PNUT crypto erupted in a 20x skyrocket across 48-hours – flying up to establish a new all-time high at $2.5.
The weeks since have seen Peanut the Squirrel fight to consolidate above the $2 mark, but after 3-weeks of relatively stable trading, it appears everything might be about to change once again as the PNUT team Tweeted out a teasing message to their community earlier Today.
Could this signal an imminent Coinbase listing announcement? It’s hard to say with certainty, but given the sustained growth of this meme coin, it doesn’t seem unlikely. Market confidence appears to grow with further post-fuelling gains as PNUT price upticks into the weekend.
PEPE Unchained Preps For Skyrocket Launch: Over $50M Raised to Back New Meme Coin Layer-2
Pepe Unchained is sending a shockwave through the PEPE community as more than $50M in capital raised to presale fund a new PEPE layer-2 scaling solution built for high-octane meme coin trading.
Backed by a vibrant community of aspiring degens and kek lord builders, Pepe Unchained is going viral on X and Telegram while amassing millions in funding at lightning speed.
But it’s not just the retail crowd that’s enchanted; the whales have also made a splash, showcasing their confidence in the project with massive purchases.
On October 21, one whale made waves by swallowing up $53,563 worth of ETH for an impressive 4.6 million $PEPU tokens, following a prior purchase of 5 million $PEPU tokens for about $50,000 earlier in the month.
Ethereum Transaction Hash (Txhash) Details | Etherscan
These huge pumps of capital into the Pepe Unchained presale are the crypto community’s way of flipping the bird to the “Sleepy Joe” coins of the Pepe scene, such as Pepe (PEPE) and PepeCoin (PEPECOIN).
With such strong support, Pepe Unchained will likely attract even more investment ahead of its exchange debut.
Many, including crypto influencer Jacob Crypto Bury, believe that $PEPU could deliver a remarkable 10x return, further igniting excitement among potential investors.
You can invest confidently, as Coinsult and SolidProof have thoroughly audited Pepe Unchained’s smart contract and found no critical issues.
Grant applications are now open on the project’s website for developers interested in bringing their innovative ideas to life on the Pepe Unchained L2 chain.
To apply, fill out a brief form and receive a confirmation email. The Pepe Council will review submissions continuously and award grants to selected projects.
Visit Pepe Unchained
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