Gemini Lists PEPE Meme Coin After Binance, Analyst Predicts Major Price Rally

Another top crypto exchange Gemini has announced PEPE meme coin listing after several top crypto exchanges including Binance, OKX, and Huobi listed the “frog-themed” meme coin.

PEPE price jumped over 800% to $0.0000040 and market cap beyond $1.5 billion as top crypto exchanges supported the meme coin hype. PEPE price is again rebounding from levels shared by CoinGape in an earlier report.

Gemini Lists PEPE Meme Coin

Gemini co-founders Tyler and Cameron Winklevoss last week hinted at a potential listing of PEPE meme coin on the crypto exchange.

Crypto exchange Gemini on May 10 announces the listing of PEPE meme coin, following the listing by Binance and other top exchanges. Users can start deposits on the Gemini website and ActiveTrader app.

1/ gm frens — wen pepe? Today! $pepe 🐸 is now available for deposits on @Gemini via our web interface. Mobile deposits and trading to follow shortly.

— Gemini (@Gemini) May 10, 2023

According to the blog post, Gemini will open trading first on API/FIX and ActiveTrader applications for the USD trading pair. Trading will soon become available on the Gemini Mobile App and website for USD, GBP, EUR, CAD, AUD, HKD, and SGD pairs.

Gemini co-founders Tyler and Cameron Winklevoss also took to Twitter to announce the listing of the PEPE meme coin.

Binance continues to expand support for newly listed meme coins PEPE and FLOKI by surprisingly adding PEPE and FLOKI to all products and services despite listing both meme coins in the Innovation Zone.

Also Read: Binance Suspends Market Order Functions For SHIB, FLOKI, PEPE

PEPE Price Rebounds From Support

Popular crypto analyst Michael van de Poppe predicted a fall in PEPE price to support levels $0.00000168 and $0.00000148 before starting to rally again. In fact, the price has recovered from the same support level and moving higher.

In a new analysis, he expects a rejection around $0.00000220-$0.00000240. PEPE price is likely to fall back to $0.0000014 before starting a significant relief rally.

PEPE price skyrocketed 5% in the last 24 hours, with the price currently trading at $0.00000192. The 24-hour low and high are $0.00000159 and $0.00000235, respectively. However, the trading volume has decreased in the last 24 hours, indicating a decline in interest among traders.

Also Read: Binance, Coinbase Impacted As Jane Street, Jump Crypto Exit US Crypto Market