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

Gemini announces PEPE listing after top exchanges including Binance listed the meme coin. Analyst predicts significant PEPE price rally.
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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.

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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.

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

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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 at 4hr Timeframe. Source: Michael van de Poppe

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

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Varinder Singh

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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