Coinbase International Exchange announced the launch of perpetual futures trading for a Pepe meme coin.

Pepe (PEPE) futures trading on Coinbase International and Coinbase Advanced platform will be available from April 18.

“Coinbase International Exchange will list PEPE perps on Coinbase International and Coinbase Advanced and commence trading on or after 9:30 a.m. UTC on April 18.”

Amid the news, PEPE’s value reacted with an immediate rise of nearly 10%, according to CoinMarketCap. PEPE showed a 6.5% gain over the previous 24 hours, reaching $0.0000074.

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Previously, Coinbase had reservations about listing PEPE, citing its association with controversial hate …