Months after PDAX, the licensed crypto exchange that powers GCash crypto spot trading, introduced the PEPE meme coin, GCrypto followed suit by listing the token on November 28, 2024.
- GCash also recently added TRX, Tron’s native cryptocurrency, and the Solana WIF meme coin to its lineup.
What is the meaning: The inclusion of PEPE, Tron, and WIF on GCrypto offers cryptocurrency traders more accessibility and convenience in trading popular coins.
Key details: The addition brings the total number of cryptocurrencies available on GCrypto to 42.
What is PEPE? Inspired by the Pepe frog meme, $PEPE is a meme-based cryptocurrency on the Ethereum blockchain. It was launched in April 2023 and quickly reached a market capitalization of $5 billion with a very active community.
- All-time high: ₱0.001626 (December 9, 2024)
- All-time low: ₱0.000003088(April 18, 2023)
- Price and movement 24 hours a day: $0.001384 (-5.2%) [As of December 13, 2024]
- Market capitalization: 582.35 billion dollars with a total supply of 420.69 billion.
- Range: #25 on CoinGecko
What is TRX? Tron ($TRX), launched in 2017, focuses on user experience by adopting established blockchain features. It is known for its Asia-focused marketing led and founded by Justin Sun and gained prominence in 2018 with the Tron Foundation’s acquisition of BitTorrent.
- All-time high: ₱25.21 (December 4, 2024)
- All-time low: ₱0.09241 (November 12, 2017)
- Price and movement 24 hours a day: $17.18 (+3.3%) [As of December 13, 2024]
- Market capitalization: 1.48 trillion dollars with unlimited total supply.
- Range: #11 on CoinGecko
What is WIF? Dogwifhat ($WIF) is a meme-inspired cryptocurrency on the Solana blockchain, known for its vibrant community and fun branding. It is the first meme coin to reach the price of 1 dollar.
- All-time high: ₱271.02 (March 31, 2024)
- All-time low: ₱0.0872 (December 13, 2023)
- Price and movement 24 hours a day: $172.07 (-5.1%) [As of December 13, 2024]
- Market capitalization: 171.83 billion dollars with a total supply of 998,926,392.
- Range: #61 on CoinGecko
How to trade cryptocurrency on GCrypto:
- Step 1: Open GCrypto in your verified GCash account.
- Step 2: Make sure your wallet has sufficient funds (recharge via GCash with no fees).
- Step 3: Choose your cryptocurrency.
- Step 4: Select “Buy.”
- Step 5: Enter the amount in PHP or crypto to purchase
- Step 6: Review the purchase details.
- Step 7: Confirm the price before finalizing.
- Step 8: To buy, go to the same cryptocurrency page.
- Step 9: Select “Sell.”
- Step 10: Enter the amount to sell.
- Step 11: Confirm the transaction.
- Step 12: Withdraw funds from GCrypto to GCash wallet.
Other currencies on GCrypto:
- Bitcoin (BTC)
- Ethereum (ETH)
- Strap (USDT)
- USD Currency (USDC)
- Uniswap (UNI)
- Chain Link (LINK)
- AAVE (AAVE)
- Basic Attention Token (BAT)
- The Graphic Token (TRB)
- Enjin (ENJ) (Note: Buy feature is not currently available for ENJ)
- Litecoin (LTC)
- Bitcoin Cash (BCH)
- Avalanche (AVAX)
- Polygon (MATIC)
- Polka dots (POINT)
- Axie Infinity Fragments (AXS)
- Mild Love Potion (SLP)
- Cardano (ADA)
- Solana (SUN)
- Binance Coin (BNB)
- Stellar (XLM)
- SushiSwap (SUSHI)
- Ripple (XRP)
- Pax Gold (PAXG)
- Shiba Inu (SHIB)
- Ape Coin (APE)
- USDT (tron)
- Tezos (XTZ)
- Hedera (HBAR)
- Rum (RON)
- DogeCoin (DOGE)
- Paypal USD (PYUSD)
- Toncoin (TON)
- USD Currency (USDCSOL)
- USDTTRX
- Performance Guild Gaming Currency (YGG)
- Optimism (OP)
- Nearby Protocol Coin (NEAR)
- Integer (COMPLETE)
Worth reading:
- Earlier this year, GCrypto listed the OG memecoin Dogecoin (DOGE) on its platform.
- $TRX hit an all-time high of $0.4313 with a market capitalization of over $35.1 billion, driven by liquidity shifts from Bitcoin to legacy projects like XRP and Cardano, along with the momentum of meme coins in the Tron network.
- Last June, PDAX previously listed PEPE.
Between the lines.: The addition of PEPE and WIF to GCrypto highlights the growing trend of meme coins gaining traction on major platforms, as well as their role in uniting casual investors with the crypto ecosystem.
- However: Despite their popularity, PEPE and similar memecoins remain speculative investments, with high volatility and risks.
- Remember: New investors should exercise caution and conduct thorough research before committing funds.
Worth reading: This year, a CoinGecko study ranked the Philippines third globally in enthusiasm for small-cap tokens, behind only the United States and the United Kingdom. Accordingly, BitPinas interviewed Filipino Degens on why Filipinos embrace high-risk cryptocurrency investments.
This article is published on BitPinas: GCrypto lists PEPE, TRX and WIF, expanding to 42 cryptocurrencies
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