PEPE coin surged over 7% after Binance.US, the American subsidiary of the main crypto trade Binance, revealed that it’s going to checklist the favored meme coin on its platform, CoinGecko information reveals.
PEPE traded at roughly $0.000022 at press time, exhibiting a 11% enhance over 24 hours, with a market cap of $8.8 billion.
In accordance with Binance.US’s announcement, deposits for PEPE are actually open, and buying and selling for the PEPE/USDT pair will begin on December 5, 2024, at 6 AM EST.
PEPE will be part of Binance.US’s rising checklist of meme-inspired funding choices. The trade at the moment helps main tokens like DOGE, SHIB, and BONK. Binance.US simply added BONK to its listings final month.
Impressed by the favored meme that includes Pepe the Frog, PEPE has gained traction inside the crypto group since its launch in April 2023. The token grew to become notable for its explosive value actions, turning small investments into good-looking returns for early traders.
PEPE established an all-time excessive of $0.00002457 final month, pushing its market cap to $10 billion, per CoinGecko information. It’s now the third-largest meme token by market worth, solely behind DOGE and SHIB.
PEPE’s upward momentum was reignited following itemizing bulletins from main US exchanges Robinhood and Coinbase. The token jumped over 50% within the wake of those itemizing particulars, as reported by Crypto Briefing.
PEPE has surged 1,500% this yr, outperforming most prime meme cash.