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OpenSea Pro now accepts PEPE for payments! However, prices continue to decline, dropping 54% from the peak.

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OpenSea Pro now accepts PEPE for payments! However, prices continue to decline, dropping 54% from the peak.

The NFT marketplace OpenSea Pro (formerly known as Gem v2) announced today (10) that users can purchase NFTs using the meme coin PEPE. However, after the news was released, it did not lead to a breakthrough in the downward trend of PEPE prices. Since being listed on Binance on 5/6, the price of PEPE has gradually declined.

OpenSea Pro Now Accepts PEPE for Payments, But Prices Remain Depressed

Below is the instructional video from OpenSea Pro. After users have selected the NFT they wish to purchase, they can choose to pay with one or multiple cryptocurrencies at the checkout. Users can now see PEPE as one of the available payment options.

Despite the new utility of PEPE on OpenSea, the price has dropped by 44.7% since it was listed on CoinSafe at 2:00 am on 5/6. From its peak, the price has fallen by approximately 54%. However, this positive news has not led to a significant price increase for PEPE, with only a 5% rise since the announcement.

For updates on other meme coins, click here: Is the Meme Season Coming to an End? PEPE Listed on CoinSafe Plummets, WOJAK and AIDOGE Drop by Nearly 70%

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