- Meme coins are gaining traction in the crypto market.
- Pepe Coin (PEPE) is trending and rallying higher, and OKX has listed it on their spot trading markets.
OKX Lists Pepe Coin (PEPE)
Pepe Coin (PEPE), one of the most popular memes in the world, is a deflationary memecoin launched on Ethereum. The meme coin is now listed on OKX spot trading markets, with withdrawals set to open a day later. OKX is listing the meme coin in PEPE/USDT pair.
📈 PEPE/USDT Spot Trading: 9:00 am May 1 (UTC)
— OKX (@okx) May 1, 2023
The exchange notes that caution must be taken while trading new cryptocurrencies as the price could dump hard if top holders start selling the meme coin.
PEPE’s price has skyrocketed over 100% in the last 24 hours, with the trading volume also increasing by over 200% in the last 24 hours. Despite the increased trading volume, investors must remain cautious while trading such new cryptocurrencies. OKX CEO “Star” Xu tweeted about the listing, and some believe that the meme coin will overtake Shiba Inu and Dogecoin.