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Pepe Coin Listed in Binance’s Innovation Zone
2023/05/09By:
Binance’s decision to list PEPE coin and FLOKI has created a lot of excitement, with members of both communities predicting a surge in demand and prices.
Over the past few weeks, meme coins have made a significant impact on the Decentralized Finance (DeFi) space, with two specific coins leading the charge. Pepe (PEPE) and FLOKI (FLOKI) have taken the industry by storm, with their popularity increasing exponentially.
Binance, the world’s leading cryptocurrency exchange, in recognition of the trend has announced the listing of PEPE and FLOKI in its Innovation Zone.
Starting from May 5, 2023 at 16:00 (UTC), users can trade PEPE/USDT, PEPE/TUSD, FLOKI/USDT, and FLOKI/TUSD spot trading pairs. Binance users can also deposit PEPE and FLOKI in preparation for trading, with withdrawals opened on May 6, 2023 at 16:00 (UTC).
The listing doubles the excitement for the Floki community, following the meme coin’s listing on Binance.US, on April 24.
The listing fee for PEPE and FLOKI is 0 BNB, indicating the high demand and value of these coins. Additionally, Binance plans to add PEPE and FLOKI as new borrowable assets with margin pairs on Isolated Margin within 48 hours from the listing time.
The exchange’s decision to list PEPE and FLOKI has generated a buzz, as both communities expect increased demand and price surge following the listings. As of writing, $PEPE is trading at $0.000001926 with a market capitalization of $756,306,399, making it the 58th largest crypto by that metric. And the token holders are over 96,000 now.
What is Pepe Coin?
Pepe (PEPE) is a new meme coin that has given alarming returns of more than 2000X in less than a month. This frog-based meme token was launched on the Ethereum blockchain and started trading on April 14th, 2023.
PEPE takes its inspiration from the famous internet meme character “Pepe the Frog”, seeking to provide a new experience for crypto enthusiasts.
It is much like Shiba Inu and Dogecoin, but the only difference is that the other meme tokens were dog-based and this one is frog-based.
It’s worth pointing out that PEPE has no connection to Matt Furie, the original creator of the Pepe the Frog meme, while the identity of its creators is completely unknown.
Pepe coin was launched stealthily, with no presale, zero taxes, LP burnt, and contract renounced. Instead, the project was launched in a discreet way and relied only on the popularity of the Pepe the Frog meme to generate interest from potential investors.
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