Pepe Coin Price Prediction as Binance Postpones Exchange Listing – Will SPONGE and AiDoge Take-Off Next?
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).”
Despite 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 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.
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