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418 Billion PEPE Distribution Could Lead to Price Surge

Published 11/20/2023, 09:18 PM
Updated 11/20/2023, 09:45 PM
418 Billion PEPE Distribution Could Lead to Price Surge
pDOTn/USD
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  • The PEPE team announced that 418 billion PEPE will be sent to Binance to be distributed as rewards in a series of campaigns.
  • At press time, PEPE was trading at $0.0000012 after its price rose by 5+% in the past day.
  • If bullish momentum continues, PEPE’s price could climb as high as $0.000001378 soon.

The official Pepe (PEPE) X account announced earlier today that 418 billion PEPE tokens are set to be moved from the team’s wallet. The X post stated that the tokens will be sent to Binance Earn, and will be distributed to Binance users as rewards in a series of upcoming campaigns that will be announced at a later time.

Judging from the comments on the post and the meme coin’s performance over the past day, it seems like the community has responded really well to the announcement. At press time, PEPE was worth $0.0000012 after its price managed to clim…

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