While the cryptocurrency market has been relatively quiet lately, a joke-themed token has attracted all the attention.
The price of mem coin rose astronomically after the news that the big exchanges such as OKX, Gate, Huobi and MEXC will add PEPE, which was recently listed, to the Binance exchange.
According to market follower CoinMarketCap, PEPE coin, which was on the agenda, suddenly found itself among the top 50 cryptocurrencies. According to the current data, PEPE, which has appreciated 140% since the beginning of the day, exceeded 1.5 billion dollars in market value.
PEPE, which rose to the 38th seat in the market value ranking; It has seized the title of the third largest prank-themed cryptocurrency after Dogecoin and Shiba Inu.
Binance CEO CZ Warns Investors!
After the astronomical rise, Binance founder and CEO Changpeng Zhao made a statement on his Twitter account.
Meme coins (and all crypto) are high risk!
Remember, no one is forcing you to buy them. DYOR and be responsible for your own actions. https://t.co/4GBHB3Llkx
— CZ 🔶 Binance (@cz_binance) May 5, 2023
Reminding investors that meme coin and all cryptocurrencies are high risk, CZ urged people to be cautious, stating that no one forces them to buy.
Binance exchange will list PEPE at 19.00 UTC. You can click this link to register with Binance exchange with a discount: https://accounts.binance.com/register?ref=XLTI0KW3