On May 1st, Binance, the world’s largest cryptocurrency exchange, hosted an AMA session with its CEO, Changpeng Zhao, where users had the opportunity to ask him various questions. While there were many interesting questions, one topic stood out above the rest – the potential listing of PEPE on Binance.
PEPE is the latest memecoin to hit the market and has been making waves in the cryptocurrency world. The coin has seen a massive increase in demand and value, rising over 2,000% in the past 2 weeks alone, according to Coingecko data.
However, CZ didn’t give a straight answer to the question of whether Binance would list PEPE. He acknowledged the “Binance effect,” which is when a coin is listed on Binance and immediately skyrockets due to the increased exposure. CZ stated that Binance’s actions are dictated by the interest of its users, and if PEPE continues to trend and see increased demand, the exchange could list it.
It’s worth noting that CZ also explained that he’s not personally involved in the listing process. This means that the decision to list PEPE would be made by Binance’s team, which would take into account various factors such as demand, market trends, and the coin’s overall potential.
If you missed our Twitter Space with @cz_binance, you can listen to the full recording here ⤵️https://t.co/g2k44NLTeU
— Binance (@binance) May 1, 2023
As with any memecoin, there are risks involved, and it’s important to conduct thorough research and due diligence before investing. However, the potential listing of PEPE on Binance has undoubtedly sparked excitement and speculation in the cryptocurrency community.
In conclusion, while CZ didn’t provide a definitive answer on whether Binance would list PEPE, the fact that it was mentioned in the AMA session is a significant development. It indicates that Binance is keeping a close eye on the coin’s performance and popularity, and its potential listing on the exchange could further fuel its growth and success.
Read more:
- PEPE Memecoin Sees 50% Surge In Price Following OKX Listing
- PEPE Token Price Surges Over 100% In 24 Hours, Reaches ATH