Binance has expanded its support for Pepe Coin by enabling trading across the MENA region with new fiat pairs. This move has sparked optimism among market participants about potential price gains for PEPE, which is currently trading at $0.00001857. The crypto exchange's announcement has led to increased interest in the frog-themed meme token, with expectations of a bullish market trend. Despite a massive deposit by a smart whale, investors remain optimistic about PEPE's future, anticipating a potential price breakout. Market experts highlight a bullish trend, with predictions of PEPE possibly overtaking Shiba Inu and reaching a 2024 high of $0.00002826, a 52% increase from its current level.

PEPE

HIGHLIGHTS Binance adds new trading pairs for Pepe Coin against fiat currencies across the MENA region. Pepe coin market dynamics ignite optimism over massive price gains ahead. PEPE price currently trades at the $0.000018 level, showcasing potential to hit 2024 high above the $0.00002 level. Crypto exchange behemoth Binance once again nabbed significant investor attention across the MENA region, revealing an important update on Pepe Coin. The crypto exchange revealed on Friday that it is adding new trading pairs for PEPE, extending market support to the frog-themed meme token. In response, traders and investors are extensively eyeing the meme crypto, anticipating price gains ahead in light of a broader market recovery.
Binance Enhances Trade Offerings For Pepe Coin Echoing Optimism
According to an official Binance release dated January 17, the crypto exchange's P2P division is adding support for Pepe Coin. Notably, PEPE is now enabled against Middle East and North Africa (MENA) region fiat currencies, the announcement added.

The platform's colossal user base can directly buy and sell the token in the new trading pairs across the MENA region. This enhanced offering, providing more market exposure to the asset, paves a bullish path for future movements as the demand is expected to rise. As a result, market watchers expect a bolstered market stand for the meme coin ahead in the wake of one of the top crypto exchanges expanding support for it.

Simultaneously, it's noteworthy that the broader crypto market's recovery movement has added to optimism surrounding the frog-themed meme coin.

Despite CoinGape's report that revealed a massive 588 billion PEPE deposit by a smart whale, investors continue to eye the crypto bullishly in light of the abovementioned update. Also, a stockpile of other market technicals paves a bullish path for the token's future movements.
Is PEPE Readying For Massive Gains?
At the time of reporting, PEPE price witnessed a nearly 1% uptick in value and is currently sitting at $0.00001857. The coin's 24-hour low and high were $0.00001798 and $0.00001886, respectively. The weekly chart for the crypto shows a 7.5% uptick in value. The rising movement has sparked noteworthy investor enthusiasm in tandem with Binance's announcement.

Intriguingly, renowned market expert Max, CEO of BecauseBitcoin, has recently posted on X, spotlighting a bullish trend for Pepe Coin. Focusing on the Coinbase chart for the token, the analyst highlights the formation of a giant bullish compression, indicating a bullish breakout ahead. However, this bullish anticipation should also fall in line with Ethereum (ETH), given the second-largest crypto does not crash.



Also, a recent PEPE price prediction by CoinGape has further cemented sentiments of additional gains for the token ahead, with the possibility of the token overtaking Shiba Inu. Against the backdrop of strong market technicals, Pepe Coin showcases the potential rebound and retest the 2024 high of $0.00002826, which is up by 52% from the current level. Investors are gauging in at the critical points mentioned above, expecting more gains ahead. Overall, market watchers constantly monitor the meme token for price action changes amid dynamic market trends and Binance's listing

Binance Expands Pepe Coin Trading in MENA, Boosting Market Optimism