Binance.US Lists $PEPE for Trading

Binance.US, a prominent cryptocurrency exchange for U.S. customers, has added Pepe ($PEPE), a meme-inspired cryptocurrency, to its platform.

Deposits for PEPE on the Ethereum network are currently active. Trading for the PEPE/USDT pair will commence on December 5, 2024, at 3 a.m. PST / 6 a.m. EST.

PEPE has drawn attention recently due to significant whale activity, including:

• A whale acquired 240 billion $PEPE for $3.64 million on May 29, 2024. After an initial price decline, the whale held the tokens for six months and subsequently sold them for $4.95 million, realizing a $1.31 million profit.
• Within the past 20 days, another whale has reportedly withdrawn 337.09 billion $PEPE (worth $6.92 million) from Binance, indicating ongoing accumulation by major holders.

As of December 4, 2024, $PEPE boasts a market capitalization of $8.83 billion. It has experienced a 14% increase over the previous seven days and an impressive 154% surge within the past month.

$PEPE, inspired by the internet meme character Pepe the Frog, is built on the Ethereum blockchain as an ERC-20 token. Its popularity stems from its accessibility, robust community support, and status as a meme token within the cryptocurrency ecosystem.