Frog

Pepe

Hybrid

Shiba Inu

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Poloniex, a major cryptocurrency exchange, <a href="https://support.poloniex.com/hc/en-us/articles/17309452727447" rel="noopener noreferrer nofollow">announced today</a> that it will be listing the trending new meme coin, Shiba Inu vs. Pepe the Frog, also known as SHEPE. 
According to a tweet from Poloniex, SHEPE wallets will open today at 5:30 a.m. UTC, and full trading will be enabled an hour later, at 6:30 a.m. UTC. 
This marks the first centralized exchange (CEX) listing for the digital asset, which has until now been available only on decentralized exchanges (DEXes) like Uniswap. 
<h2 id="meme-mashup">Meme mashup</h2> 
The SHEPE token blends two iconic internet memes — Shiba Inu and Pepe the Frog — into a single cryptocurrency, tapping into the flourishing market for meme coins. 
Recently listed on Uniswap, the lovechild of the two <a href="https://u.today/meme-coin-pepe-pepe-might-be-set-for-big-move-heres-likely-trigger" rel="noopener noreferrer nofollow">major meme coins</a> has already seen outstanding gains, soaring over 2,000% in just a few days since its official launch. 
According to <a href="https://coinmarketcap.com/currencies/shiba-v-pepe/" rel="noopener noreferrer nofollow">data</a> from CoinMarketCap, SHEPE has a current price of $0.00000001604 and a market cap of approximately $6.75 million, with its daily trading volume standing at about $4.17 million. It has plunged more than 35% over the past 24 hours despite the listing. 
<h2 id="meme-coin-pitfalls">Meme coin pitfalls</h2> 
The Poloniex listing might add a veneer of legitimacy and offer easier access to potential buyers, but it is worth noting that meme coins are often subject to <a href="https://u.today/shiba-inu-shib-plunges-as-vitalik-buterin-removes-liquidity-from-uniswap-pool" rel="noopener noreferrer nofollow">extreme volatility</a>. 
The sudden surges can be as dramatic as the drops, making them a risky investment for those unfamiliar with the cryptocurrency market's nuances. 
This particular token also steps into an already crowded arena, vying for attention among other high-profile meme coins and their <a href="https://u.today/crypto-scam-dogecoin-spin-off-babydoge-shuts-down-airdrop-rumors" rel="noopener noreferrer nofollow">countless spinoffs</a>. 
The coin's blend of two meme phenomena might capture the public imagination, but whether it can sustain investor interest for more than a week before crashing into oblivion remains to be seen.&nbsp;

This Shiba Inu and Pepe Hybrid Just Landed on Major Exchange

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