The post PEPE Price Surges 3% As Binance Expands Support In MENA appeared on BitcoinEthereumNews.com.

The Pepe Coin (PEPE) price surged by 3% after Binance announced the expansion of its support for the token in the Middle East and North Africa (MENA) region. 1-day PEPE trading chart| source Coinmarketcap The announcement included the addition of new PEPE trading pairs against various MENA fiat currencies on Binance’s peer-to-peer (P2P) platform, sparking increased interest among investors. Binance Enables PEPE Trading for MENA Fiat Pairs Binance confirmed that it has introduced new fiat trading pairs for PEPE on its P2P trading platform. This update enables users in the MENA region to trade PEPE using local currencies. The platform also includes several local payment options to reduce the challenges of payment processes throughout the trading process for traders in this region. The inclusion of fiat pairs in trading for PEPE should also enhance the token’s usability and marketability. Binance has boosted the popularity of the meme cryptocurrency, as its demand has been slowly rising since the company’s decision. – Advertisement – Pepe Price: Increased Accessibility Sparks Optimism Among Market Participants The addition of PEPE trading pairs for the MENA currencies is a strategy that is being used to ensure that the token is traded in more markets. Binance has now allowed its users to trade directly with fiat, thus making it easier for those in the region to engage in the PEPE market without having to convert their money into cryptocurrencies first. The market participants believe this to be a positive for PEPE’s future performance especially given the slowdown in the broader cryptocurrency market. It has attracted the attention of many investors, especially after the performance of other meme coins such as DOGE and SHIB. Broader Market Recovery Contributes to PEPE’s Price Increase This 3% price surge in PEPE is in correlation to a general upsurge in the market…

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Filed under: News - @ January 18, 2025 1:26 am