Kraken, one of the largest and oldest cryptocurrency exchanges in the world, announced that it has listed PEPE on its platform.
According to a blog post by Kraken, PEPE deposits are now active and trading on the exchange is live.
📣 Now available: $PEPE @pepecoineth 🐸
✔️ Deposits enabled
✔️ Trading is live*Geographic restrictions apply
Learn more 👉 https://t.co/er7D4rkeJU pic.twitter.com/3jcg42jwDZ
— Kraken Pro (@krakenpro) May 16, 2023
As it is known, Binance, the world's largest cryptocurrency exchange, recently decided to list PEPE. Binance has also listed the meme token on the futures exchange. Binance also listed the long-awaited meme token Floki Inu alongside PEPE.
After Binance listing, many PEPE whales took the opportunity to sell it from the top, causing a drop in price. Although PEPE price partially recovered from this decline, it is still trading at around 60% lower than its all-time high.
Following the latest development, Coinbase remains the only major centralized cryptocurrency exchange that has not yet listed PEPE. Considering Coinbase's strict listing policies, it seems difficult for such a new cryptocurrency to be listed on the stock market.
*Not investment advice.
