XRP News Today: Coinbase Hits 52-Week High 165% Above Low

Coinbase, the largest publicly listed crypto exchange in America, has reached a new 52-week high of $382, marking a significant milestone in the crypto landscape. The company has rallied 165% from its low of $142.58 over the past year, indicating a strong recovery and investor confidence in the broader cryptocurrency market. This milestone comes as the broader crypto market follows Bitcoin’s lead, with Coinbase achieving this level for the first time since its April 2021 public debut. The company's shares are now trading just 11% below their all-time high (ATH), positioning it as the best-performing S&P 500 stock after a 12.1% gain on Tuesday.

The growing optimism around innovative projects is playing a key role in this rise. As crypto adoption grows, astute investors are seeking the next big winner in the cryptocurrency market. Bitcoin Pepe, a revolutionary layer 2 platform, has stirred the market with upcoming CEX listings. In its ongoing presale, BPEP has raised $16.1 million, demonstrating immense investor confidence. Following the confirmation of a major CEX listing by BitMart, Bitcoin Pepe has been onboarded by MEXC for a confirmed listing. Within 24 hours of this announcement, the BPEP token presale attracted investments of over $500,000 from major players, signaling strong demand for the project.

Bitcoin Pepe is the world’s first meme-focused layer 2 built directly on Bitcoin. The Bitcoin Pepe ecosystem addresses some technical difficulties Bitcoin has that restrain development on its chain. The main feature is that Bitcoin Pepe brings Solana-like speed and scalability to crypto’s most secure and liquid chain. The protocol introduces the revolutionary PEP-20 token standard, which is similar to ERC-20 but designed for memes on Bitcoin. A new announcement has excited investors even more. Following the confirmed listings on BitMart and MEXC—and growing buzz about potential listings on top-tier exchanges—BPEP is launching a massive 1.5 million token staking pool. It offers a jaw-dropping 15,000% APY, adding fresh fuel to the rising demand.

The BPEP presale has now raised $16.1 million, with tokens selling out rapidly after the announcement of partnership expansions and T1 listings. As institutions return and the crypto market regains momentum, Bitcoin Pepe stands out with an undervalued price of $0.0437, which could soon be a distant memory. Unlike XRP and SEI, which are still facing higher market volatility, BPEP is gaining massive traction with its innovative tech that merges meme culture with Bitcoin’s security and introduces the PEP-20 standard.

Coinbase reaching a new multi-year high is the signal that the cryptocurrency market is ready for a breakout. Bitcoin is already trading near its all-time high, and a slight push could send it into uncharted territory, initiating a crypto bull supercycle. The best crypto to buy now is one that capitalizes on Bitcoin instead of starting everything from scratch. Bitcoin Pepe is the meme coin playground on Bitcoin that has been missing, and major tier-1 CEX listing announcements make it a prominent contender for 100x gains. While XRP and SEI are trying to regain momentum, Bitcoin Pepe stands out as the best high-conviction play.