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Just-In: Top Exchange Lists Pepe Coin After 200% Rally, Will It Flip SHIB and DOGE?

Meme coin PEPE rally 200% during the weekend leading crypto exchange such as OKX to list the meme coin. Will it flip SHIB and DOGE?
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Just-In: Top Exchange Lists Pepe Coin After 200% Rally, Will It Flip SHIB and DOGE?

Meme coins are taking over the crypto market with multiple crypto exchanges moving swiftly to list several meme coins. The market is carefully watching Pepe Coin (PEPE) as it flips Shiba Inu and FLOKI in trading volumes in the last few days. Crypto exchange OKX has announced the listing of PEPE after the meme coin continues to trend and rally higher during the weekend.

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OKX Listing Pepe Coin (PEPE)

In an official announcement on May 1, crypto exchange OKX revealed listing yet another meme coin Pepe Coin (PEPE). The PEPE is now listed on OKX spot trading markets and trading will open at 09:00 UTC on May 1, with withdrawals set to open a day later. The exchange is listing the meme coin in PEPE/USDT pair.

OKX noted that “Pepe the Frog” is a cartoon character and Internet meme created by cartoonist Matt Furie. It is designed as a green anthropomorphic frog with a humanoid body. It’s one of the most popular memes in the world. PEPE is a deflationary memecoin launched on Ethereum.

The crypto exchange took to Twitter to officially announce the new listing of PEPE to reveal the community about the good news. OKX CEO “Star” Xu also tweeted about the listing. Some believe the meme coin will overtake Shiba Inu and Dogecoin.

PEPE price skyrocketed over 100% in the last 24 hours, with the price currently trading at $0.00000106. The 24-hour low and high are $0.000000522 and $0.000001013, respectively. Furthermore, the trading volume has increased by over 200% in the last 24 hours.

Despite trending and trading volume jumping in the last few days, investors must consider caution when trading such new cryptocurrencies. PEPE price could dump hard if top holders started selling the meme coin.

Also Read: Shiba Inu’s Shytoshi Kusama Can Ask Binance To List BONE, Here’s How

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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.
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