BinanceUS to list PEPE meme coin

BinanceUS Set to List Pepe Meme Coin

BinanceUS is poised to add Pepe (PEPE), the renowned Pepe-The-Frog-themed meme coin, to its trading platform.

Lifting of Crypto Restrictions

The listing of Pepe on BinanceUS marks a shift in policy. Previously, the exchange had been hesitant to list certain digital assets due to regulatory uncertainty. However, the election of Republican Donald Trump and the subsequent decline in crypto crackdowns have paved the way for the inclusion of meme coins.

Surge in Meme Coin Popularity

Meme coins have witnessed remarkable growth in popularity, often experiencing price surges following listings on major exchanges like Binance and Coinbase. Pepe's price jumped 10% following the BinanceUS announcement, although it remains unclear whether this was solely due to the news or part of a broader market uptrend.

Growing Meme Coin Market

The total value of the meme coin market currently stands at $133 billion, just shy of Tether's (USDT) market cap. The sector has grown significantly, and the addition of Pepe to BinanceUS is expected to further fuel its expansion.