• Rising memecoin PEPE has made a dramatic entrance into the global crypto charts, gaining 552% since last week and entering at #89 with a market cap of $525M.
• Binance CEO Changpeng ‘CZ’ Zhao recently expressed his doubts about PEPE, as he believes coins with small circulating supplies can lead to pump and dump scenarios.
• Despite CZ’s opinion, Crypto Twitter still insists that PEPE be listed on Binance and popular crypto YouTuber YourPOP deems the collaboration inevitable.
Pepe Token Makes Dramatic Entrance Into Top 100
Emerging memecoin project Pepe (PEPE) is the top gainer of the week, entering at #89 in the global crypto charts with a market cap of $525M. The three-week-old project has gained 365% this week alone, totaling its bi-weekly gains to 552%. Further, it now has over 71,000 holders and 149,000 followers on Twitter.
Binance Boss CZ Expresses Doubts About PEPE
In an Ask-Me-Anything (AMA) session on Twitter Spaces, Binance CEO Changpeng ‘CZ’ Zhao expressed his doubts about listing Pepe Token due to its limited circulating supply which could lead to pump and dump scenarios. This caused immense backlash from Crypto Twitter.
Crypto Community Insists On Listing PEPE
Despite CZ’s opinion, part of the community still insisted that PEPE be listed on Binance while popular crypto YouTuber YourPOP deemed the collaboration of Binance and Pepe Token “inevitable”.
$PEPE Trades At New ATH
At press time, Pepe trades at $0.00000120 according to CoinGecko while dominating 0.042% of the market with a surging trading volume of $387,792,875 in the past 24 hours – making it ninth most traded cryptocurrency in the world for that period of time.
Overall this week was incredibly successful for Pepe coin holders as their token saw massive gains in both price and popularity in just three weeks after being launched into circulation – making it one of the biggest success stories among memecoins lately!