News View Non-AMP

Gemini Exchange List PEPE coin as Meme-Coin Craze Continues

Published by
Sohrab Khawas

The fun and friendly Pepe coin (PEPE) has found a new home on the Gemini exchange. This move comes right after Binance, another big-league crypto exchange, welcomed Pepe and Floki (FLOKI) to its Innovation Zone. As meme coins keep stealing the spotlight, many are curious about what lies ahead for Pepe and its meme coin pals.

The Buzz Behind Pepe’s Climb

So, what’s got Pepe leaping to new heights? Binance’s decision to list the coin definitely played a part. This move gave Pepe some street cred and piqued the interest of traders. The froggy digital currency has seen a jaw-dropping 1,500% increase in just two weeks, with its market cap hopping past the one-billion-dollar mark.

Now that Pepe is making a splash on Gemini, we can expect it to keep swimming upstream as more investors and traders dive in. 

Why Pepe Took a Dip

Even though Pepe has been riding a wave of success, its value has sunk by more than 40% since reaching an all-time high on May 5th. This drop could be because some investors cashed in on the price surge, or it might signal that the buzz around the coin is starting to fizzle out.

Is the Party Over for Pepe?

Despite Pepe’s recent plunge, some experts think that the coin’s price action is driven by genuine demand and expect it to hit rock bottom in the next few days. Crypto trader Michaël van de Poppe predicts that Pepe will bounce back by 50-80% once it finds its footing, suggesting that the party might not be over just yet.

What’s in Store for Pepe?

With Pepe now strutting its stuff on both Binance and Gemini, the meme coin is getting more exposure and turning heads in the crypto scene. As more investors and traders catch the Pepe fever, it’s possible that the popularity of meme coins will keep soaring.

But let’s not forget that meme coins like Pepe, Dogecoin (DOGE), and Shiba Inu (SHIB) can be pretty unpredictable. This means that folks should tread carefully when dipping their toes into the meme coin pool.

To sum it up, while Pepe’s appearance on Gemini gives it a boost, the coin’s future is still up in the air. But after all it is a meme coin, nothing is certain!

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Recent Posts

Crypto Liquidations Surpasses $600M as Bitcoin Price Teases $94k

Heavy liquidations of short traders have triggered a short squeeze in the wider crypto market…

April 23, 2025

XRP Price Analysis Today: Is a Bullish Wave to $3 Confirmed?

Renewed interest in XRP  has hinted at a potential market reversal from a multi-week correction.…

April 23, 2025

Ethereum Price Analysis Today: key Short-term Targets for ETH to Consider Ahead

On-chain data shows whales have been accumulating Ether relentlessly in the last few days. ETH…

April 23, 2025

Bitcoin Price Regains $91k After Seven Weeks: Top Reason Bulls are Ruling the Crypto Market

The Bitcoin’s fear and greed index surged from 37%, representing fear, to 47%, indicating neutral,…

April 23, 2025

Why Bitcoin & Ethereum Price Surge Today? Key Reason Behind It

After weeks of sideways action, Bitcoin and Ethereum are finally showing strong signs of recovery.…

April 22, 2025

As $25 Billion Remains Locked on L2s, Diffuse Shows How That Capital Could Do More

As of April 2025, over $25 billion in assets sit across Ethereum’s Layer 2 (L2)…

April 22, 2025