Pepe Coin, which has provided over 200x returns since its launch on April 15, remains on the agenda. It rallied in triple digits again today with OKX’s listing news. In a hot thread, Binance CEO CZ is talking about the possibility of Pepe Coin being listed.
Binance CEO shares plans to list Pepe Coin
A price increase of over 100% follows OKX’s May 1st Pepe Coin listing announcement. When the meme coin was launched in April, it became famous for its high earnings in the early days. In the coming days, it continues to maintain its momentum as major exchanges such as OKX open their list.
In a hot development, Binance CEO clarified his plans to list Pepe Coin on CZ. At the Twitter meeting today, CZ gave the green light for the meme coin, which has gained great popularity in a short time…
“We can list if there is enough demand”
At a recent AMA event, CZ answered questions about his plans to list Pepe Coin. Binance CEO stated that he did not take part in the altcoin listing processes. However, where he gave the green light for Pepe Coin was the announcement that altcoins can be listed “on demand and when the volume is high”.
CZ says that Binance paid particular attention to the number of users during the listing decision. He also stated that Binance will be able to list any coin that has sufficient demand. He also pointed out that interest should not be short-lived. According to CZ, any altcoin that is adopted by the community and has sufficient user base and volume can be listed on Binance.
If you missed our Twitter Space with @cz_binance, you can listen to the full recording here ⤵️https://t.co/g2k44NLTeU
— Binance (@binance) May 1, 2023
Pepe Coin reached the top 100 by market cap
PEPE first started trading on April 15 at a price of around $0.00000001.3. Launched just two weeks ago, the meme coin is now among the top 100 altcoins with a market cap of $582 million.
The May 1 rally was triggered by OKX’s listing news. The exchange will allow PEPE/USDT trading pairs from May 1, and PEPE withdrawals from May 2. PepeCoin skyrocketed more than 90% in the hours after the announcement. It also achieved a market capitalization of over $450 million. Thus, it ranked 93rd in terms of market value.
https://twitter.com/okx/status/1652900822546628609
As Cryptokoin.com reported, PEPE garnered attention shortly after its launch in mid-April. At that point, its market value was under a million dollars. However, as a result of the social media hype and the listing on other platforms, it is becoming one of the hottest topics in the crypto world lately.
Why is Pepe Coin rising?
PepeCoin is currently in a storm of intense hype. It should be noted that meme coin has no real use case. Its only notable feature is that it includes the famous internet meme character Pepe the Frog as its mascot. It has gained a great reputation among investors and the community with its high earnings so far. Let’s take a look at his interesting claims about the project.
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