Binance.US Lists $PEPE for Trading

Binance.US, a major cryptocurrency exchange catering to U.S. customers, has announced the listing of Pepe ($PEPE), a meme-inspired cryptocurrency.

As of now, deposits for PEPE on the Ethereum network are open, and trading for the PEPE/USDT pair will commence on December 5, 2024, at 3 a.m. PST / 6 a.m. EST.

PEPE has been in the spotlight recently due to notable whale activity. For instance:

  • A whale purchased 240 billion $PEPE for $3.64 million on May 29, 2024. Despite an initial price drop, the whale held the tokens for six months before selling them for $4.95 million, earning a $1.31 million profit.

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  • In the past 20 days, another whale withdrew 337.09 billion $PEPE (valued at $6.92 million) from Binance, according to Lookonchain, highlighting ongoing accumulation by large holders.

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As of December 4, 2024, $PEPE has a market capitalization of $8.83 billion. It has recorded a 14% increase over the past seven days and an impressive 154% surge over the past month.

$PEPE
$PEPE

Pepe ($PEPE) is a cryptocurrency inspired by the internet meme character Pepe the Frog.

Built on the Ethereum blockchain as an ERC-20 token, it has gained traction due to its accessibility and strong community support.

The popularity of $PEPE is primarily driven by social media engagement, community enthusiasm, and its status as a meme token within the crypto ecosystem.

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