Press Release Pepe coin price continues with the rally unperturbed by news that Binance, the largest cryptocurrency exchange by trading volume, has postponed the much-awaited listing.
According to their latest communication from the exchange “The trading start time for FLOKI (FLOKI) and Pepe (PEPE), originally set at 2023-05-05 16:00 (UTC), will be postponed to 2023-05-05 18:00 (UTC).”
Pepe Coin To Start Trading on BinanceDespite the CEO of Binance, Changpeng Zhao (CZ) saying the platform had no intentions of listing the relatively new meme coin during an AMA earlier this week, the exchange sent out a listing announcement for May 5—for PEPE and Floki Inu support in the innovation zone.
It is plausible the decision to delay the listing was arrived at following a disruption in the deposits for the two tokens, PEPE and FLOKI. Binance had to suspend the deposits on Friday “due to technical difficulties.”
“Please note that you may not be able to view your deposits of FLOKI or PEPE during this period – we’re currently working on resolving the issue,” the exchange said via Twitter.
Pepe Coin Price Soars 55% To $0.000003Pepe Coin has recently emerged as a trending topic in the digital currency and meme coin space.
Originating from the well-known internet meme “Pepe the Frog,” created by artist Matt Furie, this green anthropomorphic frog has now become the face of an Ethereum-based meme coin called PEPE, launched in mid-April 2023.
Notably, PEPE has outperformed some of its meme coin counterparts, such as Shiba Inu, Dogecoin, and FLOKI, to achieve a record-breaking all-time high.
Consequently, the meme coin rankings have shifted with Shiba Inu now in the second position and PEPE securing the third spot. PEPE’s market capitalization experienced tremendous growth to $1.2 billion, achieving a record-high price of $0.000004354.
PEPE now trades on several exchanges including the decentralized Uniswap v2 and v3, KuCoin, OKX, Gate.io, Bybit, MEXC, LBank, and Bybit among others.
Meanwhile, Pepe Coin is trading at $0.0000031 on Saturday following the Binance listing announcement. Based on the two-hour chart, PEPE has established short-term support at $0.0000025 but faces resistance at its daily open around $0.000003785.
PEPE/USD two-hour chartIf that seller congestion is not weakened during the upcoming sessions, investors may face a pullback triggered by a sell signal from the Moving Average Convergence Divergence (MACD) resistance.
However, with PEPE holding above the 200-day Exponential Moving Average (EMA) at $0.0000008264, the 100-day EMA at $0.000001539, and the 50-day EMA at $0.0000020912, it is probable the rally would carry on to 0.000005 before the new week.
As Pepe Coin Uptrend Slows AiDoge and SPONGE’s Rally ThawsAs PEPE shatters records with each passing moment, another zero-value token is garnering attention in the cryptocurrency space.
Originating from the well-known children’s TV show, SpongeBob Square Pants, the $SPONGE token is set to potentially reward investors with returns exceeding 100 times their initial stake.
At the time of writing, $SPONGE has soared over 45% within the past day, reaching a staggering price of $0.0005108. Investors are attracted to its relatively lower market capitalization. » …
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