Pepe (PEPE), the Ethereum-based frog-themed memecoin, has made waves in the cryptocurrency market with its recent listing on BITPoint Japan’s mainstream platform. This milestone marks the first time a memecoin has been listed on a licensed cryptocurrency exchange in Japan, further solidifying PEPE’s position in the digital asset space.
BITPoint Japan, known for its spot trading, lending, and custodial services, will now offer these services for PEPE, allowing users to trade the memecoin with ease. To celebrate the listing, BITPoint has launched promotional campaigns to engage its users and attract new traders to the platform.
One of the promotional campaigns includes a lottery where the first ten users to purchase up to 10,000 yen worth of PEPE stand a chance to win up to 100,000 yen. This campaign will run until November 27, giving users ample time to participate and potentially win big.
Additionally, BITPoint is running a giveaway program on social media platform X, encouraging users to follow the exchange’s handle and repost the PEPE listing announcement for a chance to win 10,000 yen. This giveaway program will also end on November 27, creating excitement and buzz around the newly listed memecoin.
PEPE’s journey in the cryptocurrency market has been nothing short of remarkable. Since its launch in April 2023, the memecoin has experienced significant price fluctuations, including a surge of over 3,600% shortly after its debut. Despite a period of consolidation, PEPE regained bullish momentum in Q1 2024, surging over 1,300% and reaching an all-time high in April-May 2024 with a 333% increase.
Currently trading at $0.000009429, PEPE has experienced a 45% pullback from its peak. Analysts anticipate that the listing on BITPoint Japan could lead to increased adoption and potentially trigger another rally for the memecoin, especially with the overall crypto market gearing up for a bull run.
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