PEPE Lists on BitMEX, Sparks Rally Speculations

PEPE Launches on BitMEX Exchange

The PEPE meme coin has been listed on the BitMEX exchange as of May 3, 2023, allowing users to trade it via PEPEUSD and PEPEUSDT trading pairs. This development enables traders to take long or short positions with up to 50x leverage, providing significant trading opportunities. The listing is anticipated to potentially trigger another substantial rally for PEPE.

Rising Popularity and Market Performance

PEPE has emerged as one of the most profitable coins in the crypto space this year, gaining momentum after being listed on major exchanges such as OKX, Huobi, Gate.io, and MEXC. Its rapid adoption and popularity have resulted in remarkable returns since its launch on April 15, with the price climbing from $0.000000001 to an all-time high of $0.00000138 before settling at $0.00000106.

Impressive Market Metrics

The meme coin's performance has propelled it into the top 100 cryptocurrencies on CoinGecko, currently ranking 99th. At the time of writing, PEPE boasts a market capitalization of $442.15 million and a 24-hour trading volume of $212.2 million. Its growing community and investor interest have driven these impressive market metrics.

Future Prospects and Speculations

Today's BitMEX listing is just one of several anticipated on other major exchanges. Speculation surrounds a potential listing on Coinbase, as users have noticed a new page on the exchange's website about purchasing PEPE. Such listings could further boost the meme coin's visibility and market performance.

Conclusion

PEPE, an ERC-20 token with a vast supply of 420.69 trillion tokens, has captured the market's attention with its unique appeal among meme coins. As it continues to gain traction, the PEPE community remains optimistic about its future prospects and potential price surges.