Pepe

PEPE

Pepe has become the first meme coin to be officially listed on a Japanese cryptocurrency exchange. 
According to a <a href="https://www.coindeskjapan.com/259088/?utm_source=twitter&amp;utm_medium=ifttt" target="_blank" rel="nofollow">report</a> by CoinDesk Japan, BITPoint Japan, a centralized crypto exchange launched in 2016 and licensed by the country’s Financial Services Agency, listed Pepe (<a href="https://crypto.news/price/pepe/" target="_blank">PEPE</a>) today. 
BITPoint will offer spot trading, lending and savings services for the third-largest meme coin by market cap—currently at $4 billion with a max supply of 420.69T PEPE. 
The Japanese exchange will also run two campaigns. Firstly, 10 BITPoint users who purchase at least 10,000 yen worth of PEPE will be eligible for a lottery worth 100,000 yen. This campaign will be completed on Nov. 27. 
Another would be a giveaway for the exchange’s X followers. 
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<h2 class="wp-block-heading" id="pepe-s-bullish-case">PEPE’s bullish case</h2> 
PEPE launched in April 2023 and was named after the 2000s internet meme, “Pepe The Frog.” The <a rel="" href="https://crypto.news/which-meme-coin-will-reach-1-dollar/">meme coin</a> is up by over 34,000% from its launch price and is trading at $0.0000095 at the time of writing. 
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 <img loading="lazy" decoding="async" width="1162" height="681" src="https://crypto.news/app/uploads/2024/10/PEPEUSDT_2024-10-30_11-40-01.png" alt="PEPE becomes first meme coin to officially enter Japan’s market - 30" class="wp-image-14306904">
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 PEPE price and RSI | Source: <a href="https://crypto.news/price/pepe/" target="_blank">crypto.news</a>
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At this point, <a href="https://crypto.news/how-many-pepe-coins-are-there/" target="_blank">PEPE</a> has already been listed on leading crypto exchanges like Binance, Bybit, OKX and Upbit, to name a few. 
Usually, major exchange listings trigger a short-term FOMO among investors, pushing the price upward. 
PEPE has been seeing increased volatility since reaching an all-time high of $0.000017 on May 27. However, the asset’s Relative Strength Index is currently at 53, showing that PEPE is neither overbought nor oversold.&nbsp; 
This puts the meme coin in good condition for a potential price surge as the broader crypto market is recording massive gains. Per a crypto.news report, the global crypto market cap surpassed the $2.5 trillion mark as the Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank">BTC</a>) exchange-traded funds <a href="https://crypto.news/spot-bitcoin-etfs-recorded-5-month-high-inflows-of-870m/" target="_blank">registered</a> consecutive inflows. 
 Read more: <a rel="" href="https://crypto.news/okx-taps-standard-chartered-as-crypto-custodian-for-institutional-clients/"> OKX taps Standard Chartered as crypto custodian for institutional clients </a>

PEPE becomes first meme coin to officially enter Japan’s market

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