Coinbase recently listed the meme cryptocurrency Pepe (PEPE), which resulted in a significant 75% price increase, marking a new all-time high for the coin on November 13.
The announcement attracted a surge of buyers, fueling the price hike. Analysts are speculating whether a market correction might occur soon, which could impact Pepe's valuation.
This situation highlights the influence that major cryptocurrency exchanges like Coinbase have on digital currency markets and the volatility inherent in meme coins like Pepe.
