Pepe Coin experienced a significant surge following the announcement that Coinbase International Exchange, the offshore arm of the U.S.-based crypto exchange, will introduce perpetual futures trading for the popular meme coin on April 18. The move generated optimism among traders, with speculation arising about a potential spot listing for PEPE, which currently holds a market capitalization of $3 billion. The initial announcement triggered a nearly 10% increase in PEPE's value, although the token later retraced some of those gains, settling at a 3% advance over the past 24 hours at the time of reporting.