Pepe the frog ($PEPE), the fourth largest meme coin by market capitalization and the fortieth largest cryptocurrency overall, has rallied 15% overnight to trade at $0.057865 as of this writing, according to data by CoinGecko.
The gains appear to have been largely spurred on by the news last night that American crypto exchange giant Coinbase has launched PEPE perpetual futures trading.
Our 1000PEPE-PERP market is now in full-trading mode on Coinbase International Exchange and Coinbase Advanced. Limit, market, stop, and stop limit orders are all now available. pic.twitter.com/hO32wARVFu
— Coinbase International Exchange
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