Pepe Coin Gets Listed on Gemini Exchange – Should We Expect a Recovery Soon?


Pepe Coin [PEPE] is the latest addition to the cryptocurrency market amidst a surge of new digital assets ranging from meme-based to artificially created coins. In contrast to popular meme coins such as Shiba Inu [SHIB] and Dogecoin [DOGE], which have seen little movement lately, PEPE has been generating a lot of buzz, experiencing substantial growth and outperforming its peers.

And while many meme coins have struggled to be listed on major exchanges, PEPE has had a relatively smoother ride. Gemini, a prominent cryptocurrency exchange, recently announced that it would be adding PEPE to its platform after teasing the community for a while. The exchange has now opened deposits for the meme coin, allowing investors to trade PEPE on a popular platform.

Gemini, in a recent blog post, announced that trading for PEPE coin would soon commence on its platform. The initial trading of the meme coin would be limited to the exchange’s API/FIX and ActiveTrader applications, available only for the USD trading pair. 

Later, PEPE will be available for trading on the Gemini Mobile App and website as well, paired against multiple fiat currencies, including USD, GBP, EUR, CAD, AUD, HKD, and SGD. The blog post also highlighted the reason behind onboarding PEPE, stating that the coin empowers users with greater choice, independence, and opportunity, aligning with the exchange’s mission to unlock the next era of financial, creative, and personal freedom.

Read Also: As PEPE Price Falls, Unknown Whales Buys 2T+ Coins; What’s Next?

Will Pepe Coin Go Bullish Again?

With its widespread popularity, PEPE has become a sought-after cryptocurrency for potential profit generation. A listing on a leading exchange such as Gemini could potentially push its surge even higher. 

PEPE is currently trading at $0.00000192, representing a daily increase of 7.37%. Following a 7.52% rise over the past 24 hours, the asset’s market capitalization has surged to $789,900,361. Although its daily trading volume is currently about 52.98% lower than yesterday, it is expected to increase with the initiation of Gemini’s trading services.

PEPE is presently trading at 53.65% below its all-time high of $0.000004354. However, the listing on Gemini is expected to catalyze the asset to regain its previous high very soon. The listing is predicted to attract more investors to buy PEPE, leading to a price increase. Moreover, there is speculation that other exchanges may also list the asset, potentially increasing its value.

Read Also: Expert Argues That PEPE Could Mimic SHIB’s 69,000% Increase

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.

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