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PEPE Becomes First Memcoin to Officially Enter Japan

PEPE Becomes First Memcoin to Officially Enter Japan

HappyCoinNewsHappyCoinNews2024/10/31 04:11
By:HappyCoinNews

BITPoint Japan, a centralized cryptocurrency exchange founded in 2016 and licensed by the Financial Services Agency of Japan, has listed Pepe (PEPE). Cryptocurrency , dedicated to the frog, became the first meme token to officially enter the Asian country's market.

It is known that BITPoint will offer spot trading, lending and custody services for PEPE, which is currently the third-largest meme coin by market cap (around $4 billion).

To attract attention to the new asset for the platform, the Japanese exchange will conduct two advertising campaigns. In particular, the first 10 BITPoint users who buy PEPE for 10 yen or more will be eligible to participate in a lottery with a cash prize of 000 yen.

Cryptocurrency PEPE was launched in April 2023 and is named after the 2000s internet meme “Pepe the Frog.” Since its launch, the asset’s price has risen by over 16%. Now token is trading at $0,0000095.

PEPE Memcoin Rate

PEPE has been listed on almost all leading cryptocurrency exchanges, including Binance , bybit , OK и Upbit .

According to technical analysis indicators, at present token -meme is well positioned for potential growth. In addition, the relative asset strength index is located at 53, showing that PEPE is neither overbought nor oversold.

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