Boost

DeFi

PEPE

<div class="intro-text">
 Japanese crypto exchange BitPoint has listed memecoin, $PEPE, on its trading platform.
</div>
Notably, the cryptocurrency, which was inspired by the well-known “PEPE the Frog” meme launched in 2023, has quickly gained traction. It now ranks 24th in market capitalization, according to<a style="color: #0000ff;" href="https://coinmarketcap.com/currencies/pepe/" rel="noopener noreferrer nofollow"> data</a> from CoinMarketCap.
In<a style="color: #0000ff;" href="https://x.com/BITPointJP/status/1851418262359457822" rel="noopener noreferrer nofollow"> X post on October 30</a>, the crypto announced that the memecoin is now available locally to Japanese investors for spot trading, lending, and fixed investments for the first time.
To celebrate this first-ever Japanese listing, the crypto exchange has<a style="color: #0000ff;" href="https://www.bitpoint.co.jp/news/campaign/" rel="noopener noreferrer nofollow"> rolled</a> out two promotional campaigns. In the first campaign, users who purchase more than 10,000 yen worth of PEPE will enter a raffle, with 10 lucky winners receiving PEPE coins worth 100,000 yen. This promotion will be active until November 27, 2024. The second campaign will be hosted on BitPoint’s official X account, offering additional PEPE coins as prizes to participants.
By listing PEPE, BitPoint seeks to attract both new and existing Japanese investors amid rising demand for accessible memecoin investments. The move mirrors a similar initiative by Binance.
Recently, Binance Futures <a style="color: #0000ff;" href="https://defi-planet.com/2024/10/binance-futures-adds-solana-based-meme-coin-moodeng-to-its-usdt-perpetual-contract-listings/" rel="noopener noreferrer nofollow">added </a>the popular Solana-based memecoin MOODENG to its futures contracts, allowing traders to use Bitcoin and other cryptocurrencies as collateral for MOODENG’s perpetual contracts.
PEPE is currently <a style="color: #0000ff;" href="https://coinmarketcap.com/currencies/pepe/" rel="noopener noreferrer nofollow">trading</a> at $0.000009501, reflecting a 0.14% increase over the last 24 hours.
Meanwhile, a<a style="color: #0000ff;" href="https://defi-planet.com/2024/10/japanese-companies-urge-government-to-prioritize-bitcoin-and-ethereum-for-crypto-etfs-approval/" rel="noopener noreferrer nofollow"> group of Japanese companies has proposed</a> that if the government moves forward with cryptocurrency-based ETFs, Bitcoin and Ethereum-based ones should be prioritized. The proposal cited the substantial market value and established track record of the cryptocurrencies and noted that they are sound choices for long-term investment. reflecting a cautious approach to building a stable cryptocurrency investment framework in Japan.
&nbsp;
If you want to read more news articles like this, visit DeFi Planet and follow us on <a href="https://twitter.com/PlanetDefi" rel="noopener noreferrer nofollow">Twitter</a>, <a style="color: #0000ff;" href="https://www.linkedin.com/company/defi-planet/" rel="noopener noreferrer nofollow">LinkedIn</a>, <a style="color: #0000ff;" href="https://www.facebook.com/DeFi-Planet-129907662611402" rel="noopener noreferrer nofollow">Facebook</a>, <a href="https://www.instagram.com/defi.planet/" rel="noopener noreferrer nofollow">Instagram</a>, and <a style="color: #0000ff;" href="https://coinmarketcap.com/community/profile/DeFiPlanet/" rel="noopener noreferrer nofollow">CoinMarketCap</a> Community.
“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”&nbsp;
The post <a href="https://defi-planet.com/2024/10/japans-bitpoint-adds-pepe-to-platform-launches-promotions-to-boost-interest/" rel="noopener noreferrer nofollow">Japan’s BitPoint Adds $PEPE to Platform, Launches Promotions to Boost Interest</a> appeared first on <a href="https://defi-planet.com" rel="noopener noreferrer nofollow">DeFi Planet</a>.

Japan’s BitPoint Adds $PEPE to Platform, Launches Promotions to Boost Interest

DeFi Planet

Other articles published on Oct 30, 2024

5 Foundational Technologies Shaping the Future of the Metaverse

Coinbase Expected to Report Strong Revenue Growth For Q3

Toncoin Price Hits Strong Support Level in Bullish Market Cycle

Bitcoin traders take a breather as BTC price metrics hint new highs are incoming

XSOLLA TO LAUNCH XSOLLA ZK, ADVANCING WEB3 ADOPTION FOR VIDEO GAMES

MicroStrategy Plans Major Bitcoin Buy

Join our free newsletter for daily crypto updates!