- Gemini to Launch Mobile App and Website for PEPE Trading, Bringing Convenience to Traders.
- Pepe Coin Outperforms BTC and ETH with a 6% Higher Increase.
Gemini, a popular cryptocurrency exchange, has included the “favorite memecoin Pepe (PEPE)” in its list of tradable assets. Soon, trading for $PEPE will be available on the platform. Investors from various regions, including Britain, Europe, Canada, Australia, Hong Kong, and Singapore, can now access and trade Pepe coin through Gemini.
Initially, trading for the USD trading pair of Pepe coin will be accessible through the exchange API/FIX and ActiveTrader applications. Subsequently, trading for the USD, GBP, EUR, CAD, AUD, HKD, and SGD trading pairs will be available through the Gemini Mobile App and website in the near future.
The Memecoin Dominance
Pepe is a type of token that operates on the Ethereum blockchain and was introduced to the market on April 14, 2023. It gained rapid popularity, similar to other memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB).
Following the introduction of PEPE, a competition among memecoins has emerged. As a result, tokens like WOJAK, BOB, TURBO, BONK, and 4TOKEN also experienced notable increases in value. At present, meme tokens are dominating the crypto industry, while top cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) are experiencing lower trading levels.
The popular meme-based token called “Pepe the Frog” currently has a market capitalization of $784 million. Moreover, PEPE achieved its highest value ever on May 5th, reaching $0.000004354, with a market capitalization surpassing $1 billion.
Pepe (PEPE) Price Chart Source: “thenewscrypto”
As of now, the price of Pepe has increased by approximately 7.5% and is being traded at $0.000001996. The token has also witnessed a significant trading volume of $561 million within the last 24 hours. Additionally, according to CoinMarketCap data, Pepe is performing 6% better than Bitcoin (BTC) and Ethereum (ETH).