In the last 24 hours, the price of PEPE went from $0.00000572 to its current price of $0.00000666 for a 16.45% spike. The token’s technical indicators suggest that it’s recovering and could be bouncing back to a bullish trend.

The price surge comes after Coinbase International, the global branch of the largest U.S. crypto exchange, announced the listing of PEPE perpetual contracts.