PEPE Perpetual Futures Launch on Coinbase Increases Price by 20%

Crypto News – Coinbase International Exchange plans to add support for PEPE perpetual futures, expanding the range of trading options it offers. The exchange verified that the April 23, 2024, opening date is set for the 1000PEPE-PERP market.

PEPE Perpetual Futures Launch on Coinbase Increases Price by 20%

With the addition of PEPE’s perpetual futures to its portfolio, Coinbase has significantly expanded its derivatives market, giving traders additional options for hedging and leverage in a highly liquid setting. This update confirms Coinbase’s dedication to broadening the range of financial products it offers and meeting the sophisticated needs of its user base, which is located all over the world.

The price of PEPE has rebounded strongly, showing a 20.55% increase as it reached $0.000007754 in the most recent session. Most remarkably, PEPE is still the only memecoin in the top 10 that has increased in value in the last day. Important resistance levels were overcome by the price increase, indicating bullish momentum in the asset’s trading pattern. Strong buying pressure is shown in the technical analysis, which is represented by the candlestick chart.