• Pepe (PEPE) is a new emerging memecoin that has gained 365% in the past week and entered the global crypto charts at $0.00000107.
• Binance CEO Changpeng ‘CZ’ Zhao recently replied to a question regarding $PEPE in an AMA session, noting that Binance “try to avoid” coins with small circulating supply.
• Despite CZ’s response, part of the community still insists that PEPE be listed on Binance, while one crypto influencer deems the collaboration “inevitable.”
Emerging Memecoin PEPE Surges by 365%
Pepe (PEPE) is an iconic internet meme-themed cryptocurrency that experienced a surge of 365% in the past week and has now entered the global crypto charts at $0.00000107. At press time, it trades at $0.00000120 according to CoinGecko with a market cap of $525M and dominating 0.042% of the market. The project has been gaining traction on Twitter as it now has over 71,000 holders and 149,000 followers. It’s also become the ninth most traded cryptocurrency in the world in 24 hours with a trading volume of $387,792,875.
Binance CEO CZ Comments on PEPE
In an Ask-Me-Anything (AMA) session on Twitter Spaces recently, Binance CEO Changpeng ‘CZ’ Zhao was asked when Binance would list Pepe Token ($PEPE). In response, he noted that they „don’t like coins that have a very small circulating supply“ and try to avoid those types of situations as there may be pumps and dumps following increased supply suddenly which can cause dramatic price plunges. This caused immense backlash from Crypto Twitter while part of the community still insist for PEPE listing on Binance platform.
Crypto Influencer’s View On PEPE Listing On Binance
YourPOP is a popular crypto YouTuber who authored the question regarding PEPE listing on Binance during their AMA session on Twitter Spaces and deemed its collaboration with Binance „inevitable“ despite CZ’s somewhat negative assessment from CZ . He believes that this will provide further growth opportunities for PEPE holders due to its increasing popularity within cryptospace .
Floki & Baby Doge Coin Also Make Gains
While Pepe makes gains within cryptospace , other cryptocurrencies such as Floki havealso seen increases since adoption by Binance US . Although Floki drops 29% this week , it still remains one ofthe most talked about cryptocurrencies globally . Similarly , Baby Doge Coin also had significant gains this week entering into top 100 rankings at #98 witha market cap of $847M .
Conclusion
Pepe (PEPE) is rapidly becoming one ofthe most popular cryptocurrencies globally due to its meme themed conceptand strong presence within CryptoTwitter space . Despite some criticism fromBiance CEO Changpeng ‚CZ‘ Zhao , part ofthe community still insists for itsto be listed on their platform which could potentially bring moregrowth opportunities for its holders if successful . Similarly , other cryptocurrencies such as Floki & Baby DogeCoin are also makinggains this week adding up to overall positive momentum forcryptocurrencies all around .
