The price of Pepe Coin experiences a remarkable 70% surge following Binance’s announcement of extended support.
Pepe Coin has emerged as a focal point in the cryptocurrency market with an impressive 70% increase in the price of PEPE, positioning it as one of the top-performing assets on March 4.
Binance’s Decision to Extend Support Ignites Pepe Coin Frenzy
The substantial surge in Pepe Coin ‘s price can be attributed to Binance’s decision to introduce new trading pairs on its platform. In an official statement, Binance disclosed its plans to launch several trading pairs, including PEPE/FDUSD, as part of its ongoing efforts to enhance user trading experience and expand the range of available assets.
Additionally, Binance will introduce support for other cryptocurrencies, including OM/TRY, PIXEL/USDC, STRK/USDC, THETA/TRY, and UNI/FDUSD spot trading pairs, effective from 2024-03-05 08:00 (UTC).
Binance’s move to support Pepe Coin through additional trading pairs has bolstered investor confidence and reignited interest in the meme-based cryptocurrency.
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Market Response and Future Outlook
Binance’s announcement not only propelled Pepe Coin to new heights but also generated positive momentum for other cryptocurrencies listed alongside it. Cryptocurrencies like Mantra (OM), Pixels (PIXEL), and Uniswap (UNI) also witnessed significant rallies, highlighting the broader impact of exchange listings on market sentiment.
Looking ahead, investors are closely monitoring the market dynamics surrounding Pepe Coin and its performance following the Binance listing. With the meme coin sector gaining traction and exchange support playing a pivotal role in driving price action, Pepe Coin ‘s future trajectory depends on sustained investor interest, market trends, and regulatory developments.
Pepe Coin Price Update
As of the latest update, the price of Pepe Coin has surged by 68.29% to trade at $0.000006718, while its trading volume has skyrocketed by 149.35% to $3.27 billion. Remarkably, PEPE’s price has surged by over 415% in the last seven days, with a monthly increase of around 700%.
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