.Coinbase has lent support to PEPE but in ways that might be considered subtle
Coinbase exchange, America's largest trading platform, is set to jump on the bandwagon with respect to the listing of PEPE, a meme coin whose popularity is growing by the day. While being discreet about the move, Coinbase hasPEPE is only accessible via Coinbase Wallet
Despite the dedicated page for PEPE, Coinbase said its users can only acquire the meme coin through its noncustodial wallet. Coinbase Wallet works just like its two most popular counterparts, Metamask and Trust Wallet, and it is embedded with a dApp that hosts decentralized exchanges, through which swaps can be conducted to purchase the meme coin.
Despite the fact that PEPE is not directly listed on its mainstream trading engine yet, current support for the meme coin is considered a vote of confidence for a token that is barely a week old.PEPE has grown to become one of the most hyped meme coins in the crypto ecosystem following its parabolic price growth. Although the token is seeing a 25.72% plunge at time of writing with its price pegged at $0.
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