Crypto exchange Coinbase sent emails to its users about Pepe Coin (PEPE) frenzy and meme coin trading reaching a two-year high. While Coinbase referred to Pepe the Frog meme-based PEPE token as “the meme coin of the moment.
After the Coinbase email newsletter, the crypto community, especially people supporting the PEPE meme coin criticized the crypto exchange for calling the most loveable meme on the internet a hate symbol. People asked Coinbase and CEO Brian Armstrong to apologize and remove the negative words about PEPE.
Crypto exchange Coinbase is likely to avoid listing PEPE amid their disputes with the US SEC about listing securities. Meanwhile, the community has asked the exchange to list PEPE in response to its misinformation about the meme coin. Top exchange Binance is expanding its support for PEPE and FLOKI after listing last week.
PEPE fell 9% in the last 24 hours, with the price currently trading at $0.0000017. The 24-hour low and high are $0.000001762 and $0.0000020, respectively. Furthermore, the trading volume has increased slightly in the last 24 hours, indicating an interest among traders.