On October 30, BitPoint, a cryptocurrency exchange in Japan, officially listed PEPE coin, which is inspired by the popular “PEPE the Frog” meme. Launched in 2023, PEPE coin is now available for various trading options, including spot trading, lending, and fixed investments. As of October 30, 2024, PEPE has secured the 24th position in market capitalization according to CoinMarketCap.
How Is BitPoint Celebrating This Listing?
To celebrate this significant listing, BitPoint initiated two promotional campaigns. The first campaign rewards 10 users who purchase PEPE worth over 10,000 Japanese yen with additional PEPE coins valued at 100,000 yen. This offer is valid until November 27, 2024, at 15:59.
What Additional Promotions Can Users Expect?
The second promotional activity is hosted on BitPoint’s official X (formerly Twitter) account, where participants stand a chance to win PEPE coins. These initiatives aim to engage the trading community and attract new users interested in memecoins.
The introduction of PEPE coin opens avenues for crypto enthusiasts in Japan to invest in memecoins, catering to the rising interest in this segment. Key takeaways include:
- PEPE coin is now live on BitPoint for various trading options.
- Promotional campaigns incentivize early adopters and drive engagement.
- The coin features a deflation mechanism that diminishes supply with each transaction.
PEPE’s unique burning mechanism, which removes coins from circulation with each use, is poised to stabilize its market presence by controlling supply. Currently, PEPE is trading at $0.000009501, marking a 0.53% increase in the previous 24 hours, suggesting a positive reception in the market.