Gemini has made the announcement on the listing of PEPE following the listing of the meme coin on other big exchanges, including Binance. The analyst predicts an enormous price increase for PEPE.
After being listed on numerous renowned cryptocurrency exchanges, including Binance, OKX, Bitmex and Huobi, the “frog-themed” meme coin has now been listed on Gemini.
The market valuation of PEPE exceeded $1.5 billion, with a price increase of nearly 800% to $0.0000040, as leading cryptocurrency exchanges backed the meme coin craze.
PEPE Meme Coin Listed on Gemini
Last week, Tyler and Cameron Winklevoss, co-founders of Gemini, made a hint about the possibility of putting PEPE meme coin on the cryptocurrency exchange.
On May 10, the prominent cryptocurrency exchange Gemini announced it was going to launch the PEPE meme coin, following Binance and other well-known exchanges in doing so. Deposits can be initiated either through the Gemini website or the ActiveTrader Application.
— Gemini (@Gemini) May 10, 2023
The blog post confirms that Gemini will begin trading for the USD trading pair first on API/FIX and ActiveTrader platforms. Trading for the USD, GBP, EUR, CAD, AUD, HKD, and SGD pairings will soon be accessible on the Gemini Mobile App and website.
Tyler and Cameron Winklevoss, co-founders of Gemini, also notified the launch of the PEPE meme coin on Twitter.
Despite listing both meme coins in the Innovation Zone, Binance has surprisingly added support for the recently listed meme coins PEPE and FLOKI by including PEPE and FLOKI in all products and services.
The price of PEPE Rises From Support
Popular cryptocurrency expert Michael van de Poppe forecasted that PEPE’s price would drop to the $0.00000168 and $0.00000148 support levels before starting to rise again. The price is now rising after bouncing back from the same support level.
According to a fresh analysis, he predicts a rejection between $0.00000220 and $0.00000240. Before initiating a big relief rally, PEPE price is most likely to drop back to $0.0000014.
With a price of $0.00000192 right now, PEPE has surged in value by 5% over the past 24 hours. The low and high for a 24-hour period are $0.00000159 and $0.00000235, respectively. Regardless of this, the volume of trades has declined in the past 24 hours, which is an indication of an overall drop in interest among traders.
Disclaimer: There are no recommendations or investment advice in this article. Every trading and investment decision carries risk, so readers should do their own study prior to making a decision.