Crypto exchange Coinbase sent emails to its users about Pepe Coin (PEPE) frenzy and meme coin trading reaching a two-year high. While Coinbase referred to Pepe the Frog meme-based PEPE token as “the memecoin of the moment,” it said, “Over time it has been co-opted as a hate symbol by alt-right groups, according to the Anti-Defamation League.”
After the Coinbase email newsletter, the crypto community, especially people supporting the PEPE meme coin criticized the crypto exchange for calling the most loveable meme on the internet a hate symbol. People asked Coinbase and CEO Brian Armstrong to apologize and remove the negative words about PEPE.
“#DELETECOINBASE” started to trend on Twitter as the community warns to delete their Coinbase accounts. Some even go on to compare the posts of Gemini and Coinbase. Gemini announcing their support for PEPE and listing the meme coin said:
“PEPE builds upon the popular “Pepe the Frog” meme created by Matt Furie in the early 2000s. P
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