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Coinbase has shed its highly selective approach following Donald Trump’s victory in the November US presidential elections and has been on a meme coin listing spree since.
Just this week, Coinbase has onboarded Peanut The Squirrel (PNUT), Gigachad (GIGA) and Turbo (TURBO) meme coins on its spot exchange. Earlier this month, it also listed Mog Coin (MOG) and Moo Deng (MOODENG).
There is now intense speculation on which meme coins could be next to be listed on Coinbase, with frog-themed tokens Pepe Unchained and Wall Street Pepe emerging as two of the top choices.
Coinbase Lists Turbo, PNUT and GIGA - Best Meme Coins To Buy?
Donald Trump’s win in last month’s US presidential elections has been a major boon for the meme coin sector, considering it gave Tier-1 CEXs like Coinbase and Binance regulatory clarity.
Not long ago, Coinbase CEO Brian Armstrong revealed that the Biden-era US Securities and Exchange Commission had asked him to delist all cryptocurrencies, except Bitcoin, labelling them all “unregistered securities”.
Now, Trump has appointed pro-crypto Paul Atkins as the new Chair of the SEC, sparking rumours that the agency could withdraw all its crypto lawsuits that called prominent altcoins, securities.
Unsurprisingly, Coinbase is now listing new meme coins almost every day, gearing up for the highly-anticipated meme coin supercycle. As such, it is already behind Binance, which has been listing meme tokens for the past few months.
Coinbase listed large-caps Pepe and Dogwifhat in November, following them up with several mid-caps and microcap meme coins.
Just this week, Coinbase listed the Solana meme coin Gigachad ($GIGA), which resulted in a new all-time high for the token. The GIGA price is up by 23% over the past week and 60% since its Coinbase listing.
Similarly, Turbo (TURBO) price hit a new all-time high valuation of $922 million, also rallying by over 60%. Both GIGA and TURBO are excellent candidates for the next billion-dollar meme coins.
Peanut The Squirrel also appears poised for a new all-time high following its Coinbase debut, largely due to the heavy whale bidding. A new whale invested over $10 million in the PNUT coin on Binance just today.
A whale created a new wallet and withdrew 8.41M $PNUT($10.68M) from #Binance 2 hours ago.https://t.co/IbGMoWwAkE pic.twitter.com/22Vt0Yhpjw
— Lookonchain (@lookonchain) December 12, 2024
Along with Gigachad and Turbo, Peanut The Squirrel continues to be backed by experts as one of the best meme coins to buy for the upcoming supercycle.
Why Pepe Unchained and Wall Street Pepe Could Be The Next Coinbase Listings?
Pepe Unchained has been one of the top-performing cryptocurrencies since its launch. It is not without any reason that it was the top trending crypto today on CoinMarketCap globally, ahead of Bitcoin and XRP.
After falling to a market cap of $71 million, PEPU has surged by 630% to reach an all-time high of $522 million.
The meme coin also appears poised to hit the billion-dollar mark.
However, while Pepe Unchained has already exploded, whales are now bidding on Wall Street Pepe (WEPE), a microcap meme coin that is still in its presale. WEPE added over $2.5 million to its ICO funds in just 24 hours and is set to hit the $8 million mark in just a few hours.
$7M raised. Over $2.5M in the last 24 hoursThe frog army is built different. 🐸⚔️ pic.twitter.com/BEpsTozDgk
— Wall Street Pepe (@WEPEToken) December 12, 2024
Just like Pepe Unchained, Wall Street Pepe is a high-utility meme coin, looking to challenge the hegemony of whales and insiders in the meme coin sector.
In this regard, the developer team will soon launch a VIP group that will deliver alpha calls, trading strategies and high-upside meme coins, only to WEPE holders. Members can also publish their own trading set-ups and win attractive rewards depending on their success.
WEPE holders are also eligible to earn lucrative passive income from Wall Street Pepe’s staking pool, which is currently offering an APY of just under 90%.
WEPE’s stellar presale performance has already impressed smart money investors and is drawing Binance and Coinbase rumours. Prominent investors are also calling it the next 100x meme coin.
Visit Wall Street Pepe Presale
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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