357.3 Billion PEPE Purchased on Binance After Major Meme Coin Development

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357.3 Billion PEPE Purchased on Binance After Major Meme Coin Development
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Massive amount of PEPE meme coins exits Binance to new cryptocurrency wallet

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Today, the popular meme-inspired cryptocurrency, PEPE, soared by roughly 7%, hitting the $0.00000821 level. A small decline then followed, taking the PEPE price down 4.16%. At the time of this writing, the coin is changing hands at $0.00000804.part of the cryptocurrency space. On Wednesday, it was widely reported that VanEck launched a new index to track the six largest and the most popular meme coins.

The new index is called MarketVector’s Meme Coin Index, and it trades under the symbol MEMECOIN. This index includes the following meme cryptocurrencies – DOGE, SHIB, PEPE, WIF, FLOKI and BONK.MarketVector’s Meme Coin Index, which trades under the symbol MEMECOIN, tracks the top six meme tokens. The largest holdings of the meme coin index include DogecoinThis major development for meme coins has not had any significant impact on their prices so far. Dogecoin has dropped by 3.

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