The presale raised $3.5 million in under a month, including $2.7 million in the first two weeks. Unlike inflationary meme coins, Bitcoin Pepe’s staking model burns unsold tokens post-launch to maintain price stability. Bitcoin Pepe differentiates itself by targeting Bitcoin’s larger investor base and emphasizing utility through planned decentralized exchanges and NFT marketplaces. The protocol introduces the PEP-20 token standard, allowing meme coins and decentralized applications to launch directly on Bitcoin’s blockchain for the first time.
SEC’s statement on meme coins
Uniquely, PEPE is not only popular among meme coin enthusiasts but also whale traders or those who trade in large volumes. Some of them have made an exit, cashing out 170 billion Pepe Coins, which shook things up in the market. Overall, Bybit offers an interesting way to buy PEPE via its trading features. Specifically, what I’ve shown you is how to trade PEPE in Bybit’s spot market. Aside from that, the option to buy PEPE perpetual contracts, which have no set expiration belgian jupiler league betting date, is available as well.
After successfully depositing fiat into your Binance account, the next step is to buy USDT for your upcoming PEPE purchase. This article will guide you through the process of buying Pepe Coin in a simple and straightforward way. Meanwhile, those who bought at or near the peak will be less pleased as the meme coin has shed substantial value since its exponential growth in May 2023. To help you decide if now is the right 5 best cryptocurrency exchanges in the uk time to buy, you can take a look at our all-time high tool to get an idea of how the price of Pepe has been performing recently. Pepe (PEPE) is the 38th largest cryptocurrency by market cap, valued at US$3,361,103,980. Despite the ongoing challenges, some of the market participants are hoping that PEPE is in the midst of a major breakout.
- Seeing the most popular trading platforms for PEPE, I’ll choose Uniswap as the intermediary for the token swap.
- But with the Coinbase wallet, which opens access to decentralized exchanges (DEXs), you can buy PEPE via token swapping.
- After purchasing ETH on an exchange, copy your wallet address and paste it into the withdrawal section of the exchange.
- After tapping buy, you’ll have the option to choose whether you want to place a one-time purchase or a recurring buy.
If you select a recurring buy you’ll have the option to choose between daily, weekly, twice monthly, or monthly purchases. Hardware wallet made by Ledger offers multicurrency wallets that store private keys for cryptocurrencies offline. Investing in PEPE right now looks appealing considering how well the coin has performed recently.
It’s also important to check if the exchange offers all the trading features you might need. Some traders just stick to spot markets, while others also use margin trading and futures. The bottom line is that what constitutes the best exchange hinges on your particular set of needs. With that in mind, let’s look at some of the best crypto exchanges in the market. That said, the “Buy Crypto” feature is not the only way to purchase PEPE on Binance. You can also trade it with other crypto assets (like USDT or TRY) via the spot market.
Step 2: Sign Up And Fund Your Account
Other cryptocurrencies may not be supported for direct transactions. The contract address of Pepe can typically be found on official sources like the project’s website or trusted social media accounts. A decentralized exchange (DEX) is a platform that allows users to trade cryptocurrencies directly with each other, without the need for a central authority or intermediary. PEPE’s journey exemplifies the dynamic and unpredictable nature of the crypto space. But much like other memecoins, the future of the crypto is uncertain.
- The move by Coinbase indicates a growing interest in PePe Coin from reputable platforms and suggests that the meme coin is being seen in a more serious light.
- Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency.
- Bitcoin Pepe’s approach seeks to mobilize capital from Bitcoin holders who have historically avoided the meme coin market.
- Notably, the first half of 2024 saw meme coins provide massive gains.
Factors That Could Impact PEPE’s Future
PEPE coin’s meteoric rise has given crypto investors a reason to keep tracking it and dabbling in the token. However, buying PEPE coin requires studying its history, researching its recent and past performance in the crypto market and taking calculated actions to protect your investment. If you are considering storing your PEPE coins in a cryptocurrency wallet, here’s a few of the best options available in the market today. The Pepe coin is named after Pepe the Frog, an internet meme character created by Matt Furie in his cartoon Boy’s Club. It was first developed as a digital currency on the Ethereum blockchain and gained popularity for its unique branding and community-driven development. The Pepe Coin capitalized on the popularity of the Pepe the Frog meme by establishing a connection with crypto enthusiasts through its name and logo.
Track over 40,000 crypto prices in real-time with ease.
Since it’s an ERC-20 token, you can easily purchase PEPE through popular decentralized exchanges (DEXs) such as Uniswap. It is also on several exchange platforms including KuCoin, Huobi Global, and OKX. Investing in PEPE comes with significant uncertainty, much like other meme coins.
Additionally, limit orders may take longer to execute than market orders, as the order will only be executed at the specified price or better. In some cases, limit orders can lead to missed investment opportunities, especially if the limit is poorly defined by the investor. The purpose of this website is solely to display information regarding the products and services available on the Crypto.com App.
The fact that investors and traders see meme coins as a viable opportunity to profit has enabled new coins, such as Pepe coin, to gain the trust of investors all around the globe. The Ledger Nano X is a must-have, secure hardware wallet for cryptocurrency. It features easy mobile pairing, a sleek design, Bluetooth support, and robust security features like a safe chip and two-factor authentication. Pepe Coin ($PEPE) is a popular meme coin that has become one of the highly traded cryptocurrencies after its launch in April 2023. When it comes buying bitcoin cash on localchainlinks buying bitcoin with transferwise to investing in crypto, you should remember that the market decides everything.
Additionally, the meme coin landscape is filled with rug pulls, where developers cart away investors’ funds and abandon the project. While PEPE has grown in reputation over the years, we advise caution in a market where such scam activities are a real possibility. From here, select the coin that you would like to deposit into your account (in this case, PEPE). Once you have selected the coin, you will be given a wallet address. If your coins are not already stored in your Binance account, navigate to your funding wallet’, click ‘deposit’ and then select ‘deposit crypto’. CoinCodex tracks 40,000+ cryptocurrencies on 300+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders.
To locate the PEPE/USDT trading pair, use the search feature in the Binance platform. Typically, you’ll find the search bar at the top right of the homepage. The subsequent step involves uploading images of your ID documents. In most cases, users can use a passport, ID card, or driver’s license for this purpose.
Find an exchange to buy, sell and trade PEPE by comparing deposit methods, supported fiat currencies and fees. The meme coin frenzy that once catapulted PEPE to staggering highs has cooled significantly, leaving the token grappling with a prolonged downtrend. Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. A hyperlink to or positive reference to or review of a broker or exchange should not be understood to be an endorsement of that broker or exchange’s products or services. This upswing primarily falls in line with a broader crypto market surge.
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