Coinbase describes the Pepe meme as a "hate symbol"

The cryptocurrency exchange known as Pepe is a "hate symbol," underlining a connection between the Pepe the Frog meme and political organizations in an email message issued to Coinbase members on Wednesday.

Pepe Community is disappointed with Coinbase

On Twitter, the hashtag "#deletecoinbase" started to trend on Thursday as individuals seemed to delete their accounts with the most prominent American exchange.

For "disrespecting PEPE," according to former congressional candidate David Gokhshtein, Coinbase will lose a tonne of consumers.