- BITPoint Japan has listed PEPE on its mainstream platform.
- The change launched a promotional marketing campaign following the launch of memecoin.
- BITPoint customers have an opportunity to win as much as ¥100,000.
Pepe (PEPE), a frog-themed memecoin primarily based on Ethereum, has reached one other milestone by changing into the primary memecoin listed on the Japanese mainstream market. BITPoint Japan, a centralized cryptocurrency change licensed by the nation's Monetary Providers Company, has listed PEPE.
BITPoint will supply spot buying and selling, lending and custody companies for memecoin. Following the itemizing, BITPoint introduced that it’ll launch promotional campaigns, with the primary ten customers to buy as much as ¥10,000 value of PEPE eligible for a ¥100,000 lottery. The change will full this marketing campaign by November 27.
BITPoint can also be planning a giveaway program for its followers on X. The change urged customers to comply with its description and repost the PEPE itemizing discover to qualify for a ten,000 yen giveaway program that ends on November 27.
The meteoric rise of PEPE
PEPE launched in April 2023 with a efficiency not seen for the reason that bullish show of the primary technology memecoins. The primary PEPE rally noticed memecoins improve by over 3,600% simply weeks after launch. The frog-themed altcoin then consolidated and noticed a major drop.
PEPE has regained its bullish momentum lower than one yr after its preliminary rise. Memecoin rose greater than 1,300% in Q1 2024 and bounced again considerably earlier than reaching an all-time excessive, growing one other 333% between April and Might 2024. In whole, PEPE has gained greater than 9,900 in its one yr of existence %.
Memecoin has since fallen from its peak worth and has proven important volatility. Nonetheless, analysts count on the current itemizing by BITPoint to assist PEPE adoption and probably set off one other memecoin rally.
PEPE is buying and selling at $0.000009429 on the time of writing, reflecting a forty five% decline from its all-time excessive. A rebound may push the value of PEPE increased and set off one other rally, particularly with the crypto market anticipating a common bull run.
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