PEPE the Frog Meme Coin Surges 94% in a Week as Major Exchanges Add Support

The popular frog-themed meme coin Pepe (PEPE) is making waves in the crypto world, surging 94% over the last week and continuing to climb with the backing of major cryptocurrency exchanges.

The popular meme coin Pepe (PEPE) had a remarkable week, surging 94% and continuing to climb with the backing of major cryptocurrency exchanges. Here's a closer look at the latest development.

Major crypto exchanges announced the addition of PEPE to their trading platforms. This means the meme coin can now be bought, sold, traded, stored, and converted by users globally, making it more accessible to a broader audience. The news triggered a 16% price spike, with PEPE jumping from $0.00001909 on November 14 to a peak of $0.00002222 the next day.

The listings add momentum to a rally that began earlier this month. On the day before the U.S. presidential election, PEPE was valued at just $0.00000849. By November 13, the token hit a high of $0.00002438, representing a staggering 94% increase in just days. Currently, PEPE has stabilized at $0.00002147, a slight 6% dip in the last 24 hours, but its overall upward trajectory remains impressive.

Adding to the excitement, other major exchanges also announced support for PEPE this week as part of their expanding crypto portfolios. Alongside PEPE, notable additions included Cardano (ADA) and XRP, signaling a broader trend of meeting increasing demand for altcoins.

A spokesperson for one of the exchanges remarked:

“We’ve consistently heard from our customers that they want access to more digital assets, and we’re excited to continue expanding our crypto offering. With lower barriers to entry, we believe crypto presents an opportunity for those who have been historically left behind by the traditional financial system.”

With support from top cryptocurrency platforms, PEPE is gaining mainstream attention and further solidifying its position among popular meme coins. These recent listings lower barriers to entry for new investors, potentially fueling continued adoption.

As PEPE stabilizes near recent highs, traders and enthusiasts are watching closely to see if the meme coin can sustain its momentum and spark another rally.