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Gemini Support for PEPE Coin; Will Traders Benefit From It?

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Gemini PEPE Coin

  • Gemini mobile app and website for trading PEPE will be available soon.
  • Compared to BTC and ETH, Pepe coin is up 6% more.

The leading cryptocurrency exchange Gemini added recent investors’ “favorite memecoin Pepe (PEPE)” to its trading list. Soon, trading for $PEPE will begin. British, European, Canadian, Australian, Hong Kong, and Singapore investors can now access Pepe coin through Gemini.

Trading will be accessible first via the exchange API/FIX and ActiveTrader applications for the USD trading pair. Then for the USD, GBP, EUR, CAD, AUD, HKD, and SGD trading pairs via the Gemini Mobile App and website soon.

The Memecoin Dominance

Pepe is an Ethereum-based token that launched on April 14, 2023. After that, it gained popularity quickly, following in the footsteps of memecoin such as Dogecoin (DOGE) and Shiba Inu (SHIB).

Since the arrival of PEPE, the memecoin competition has started. After this, WOJAK, BOB, TURBO, BONK, and 4TOKEN all experienced significant spikes. Also, the crypto industry is currently seeing meme token dominance while the top cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) are trading low.

However, the well-known “Pepe the Frog” meme, holds a market cap of $784 million. In addition, PEPE recorded an all-time high of $0.000004354 on May 5th, with a market cap of more than $1 billion.

Pepe (PEPE) Price Chart (Source: CoinMarketCap)

At the time of writing, Pepe price surged about 7.5%, traded at $0.000001996, and had a 24-hour trading volume of $561 million. Further, the PEPE token is 6% higher than BTC and ETH, as per CoinMarketCap data. Also, it is

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