After PEPE Coin’s Listing on Coinbase, Are PNUT and This Competing Meme Coin Next in Line?

CEX listings are making waves in the meme coin market this month, as PEPE coin has finally secured its long-awaited Coinbase listing this week, prompting analysts to speculate that Peanut the Squirrel (PNUT crypto) may be next in line.

This article explores the influence of Coinbase listings on meme coin valuations, examines PEPE coin and PNUT crypto, and highlights the most exciting meme coin launch of 2024.

How can a prominent meme coin continue to thrive after achieving viral popularity on DEX markets? The answer is straightforward: CEX listings.

CEX listings create new possibilities for successful meme coins, linking the project with significant new trading volume, enhanced liquidity, and exposure to retail investors—especially when involving major crypto exchanges like Coinbase and Binance.

Welcome to the onset of the meme supercycle:
• Coinbase listed $PEPE, [+$3.4B MC]
• Binance listed $PNUT, which surged x20
This is merely the beginning for retail-friendly coins
Here are 6 potential upcoming meme listings for the public pic.twitter.com/XTZ1sLAmyr

— Xremlin (@0x_gremlin) November 13, 2024

In recent weeks, significant gains have been driven by listings on these two CEX, and it is no surprise that CEX listings are the top priority for most projects aiming to unlock substantial growth.

PEPE Coinbase Listing Announcement Triggers +50% Surge: Coinbase Volumes Contribute Over $3Bn to Market Cap

The initial announcement two weeks ago, following Coinbase’s revelation of the PEPE listing, resulted in an immediate reversal of downward price trends—leading to a sudden +50% price increase within 24 hours.

With PEPE already exceeding a multi-billion dollar market cap at this point, the significance of this inflow is considerable—representing an influx nearing billions with a 50% move.

This was soon followed by additional upward momentum this week, as PEPE became available for spot trading for numerous Coinbase users—propelling PEPE into a price frenzy that has thus far added over $3Bn to the PEPE coin market cap (currently at $8.67Bn).

Examining the PEPE chart, it is evident how the Coinbase listing has accelerated PEPE coin’s ascent to a new all-time high, as the announcement triggered a substantial candle that surpassed the previous ATH.

The days following have seen PEPE stabilize above the former ATH, with Coinbase volumes quickly purchasing any dips despite the elevated valuation—ultimately resulting in a highly bullish double-bottom support that is likely to lead to further price exploration.

PNUT Crypto Soars 20X After Binance Listing: Is Coinbase Next?

Meanwhile, while the leading frog has been basking in the limelight on Coinbase, Peanut the Squirrel has been making equally notable strides on CEX markets following a significant Binance listing.

Initially announced on November 11, Binance disclosed and listed PNUT crypto on the same day, triggering an initial limited gain of +320%.

However, two days later, as Binance volumes exerted sustained pressure on price action, PNUT crypto skyrocketed 20x within 48 hours—reaching a new all-time high of $2.5.

@coinbase pic.twitter.com/piDqmiQNdw

— PNUT – Peanut The Squirrel | Fan Page (@pnutsolana) November 27, 2024

In the weeks that followed, Peanut the Squirrel has worked to maintain its position above the $2 mark, but after three weeks of relatively stable trading, it seems that a shift may be on the horizon as the PNUT team recently tweeted a teasing message to their community.

Could this hint at an upcoming Coinbase listing announcement? While it is difficult to confirm, the ongoing growth of this meme coin makes it seem plausible. Market confidence appears to be rising with further gains as PNUT price increases into the weekend.

PEPE Unchained Prepares For Launch: Over $50M Raised to Support New Meme Coin Layer-2

Pepe Unchained is creating a stir within the PEPE community, having raised over $50M in capital to fund the presale of a new PEPE layer-2 scaling solution designed for high-speed meme coin trading.

Supported by an enthusiastic community of aspiring degens and kek lord builders, Pepe Unchained is gaining traction on X and Telegram while rapidly accumulating millions in funding.

Moreover, it’s not just retail investors who are captivated; whales have also made significant investments, demonstrating their confidence in the project through substantial purchases.

On October 21, one whale made headlines by acquiring $53,563 worth of ETH for an impressive 4.6 million $PEPU tokens, following an earlier purchase of 5 million $PEPU tokens for approximately $50,000 earlier in the month.

Ethereum Transaction Hash (Txhash) Details | Etherscan

These significant capital inflows into the Pepe Unchained presale reflect the crypto community’s intent to move away from the “Sleepy Joe” coins of the Pepe ecosystem, such as Pepe (PEPE) and PepeCoin (PEPECOIN).

With such robust backing, Pepe Unchained is likely to attract even more investment ahead of its exchange launch.

Many, including crypto influencer Jacob Crypto Bury, believe that $PEPU could yield an impressive 10x return, further fueling enthusiasm among potential investors.

Investors can proceed with confidence, as Coinsult and SolidProof have thoroughly audited Pepe Unchained’s smart contract and found no significant issues.

Grant applications are currently open on the project’s website for developers interested in bringing their innovative concepts to fruition on the Pepe Unchained L2 chain.

To apply, complete a brief form and await a confirmation email. The Pepe Council will continuously review submissions and award grants to selected projects.

Visit Pepe Unchained

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