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AI Legalese Decoder: Decrypting the Impact of Coinbase’s Listing of Popular Meme Token Pepe on Perpetual Futures

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## PEPE Coin Surges on Coinbase Perpetual Futures Market Announcement

Popular meme coin Pepe (PEPE) experienced a significant surge in value following the news that Coinbase International Exchange, the U.S.-based crypto exchange’s off-shore arm for institutions, will be opening a perpetual futures market for the token next week.

The exchange announced in a recent post on Twitter that PEPE perpetual futures will be listed on Coinbase International Exchange and Coinbase Advanced, with trading set to begin on or after 9:30 a.m. UTC on April 18. This development has generated excitement among traders, who speculate that a potential spot listing for PEPE, currently the fourth largest memecoin with a market capitalization of $3 billion, could be on the horizon.

In response to the news, PEPE saw a rapid increase in value of nearly 10% immediately after the announcement, although most of these gains were subsequently retracted. As of the latest update, the token has maintained a 3% increase over the past 24 hours.

### How AI legalese decoder Can Help

AI legalese decoder can assist traders and investors in understanding the legal implications and complexities surrounding the announcement of the perpetual futures market for PEPE on Coinbase. By utilizing AI algorithms, this tool can decipher and simplify legal jargon, ensuring that individuals have a clear understanding of the terms and conditions associated with trading PEPE futures on Coinbase. Additionally, AI legalese decoder can provide insights into the regulatory framework governing such transactions, empowering users to make informed investment decisions.

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