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PEPE Becomes First Memecoin Listed in Japan on BITPoint

PEPE Becomes First Memecoin Listed in Japan on BITPoint
Crypto exchange BITPoint Japan has become the first in the country to list the memecoin "PEPE." PEPE, a popular meme-based crypto, will be available for spot trading, lending, and savings. Ranked 24th on Coinmarketcap with a market capitalization of $4 billion, PEPE is currently trading at $0.059521, up 0.44%. BITPoint Japan is also offering special promotions for users trading PEPE, including a chance to win additional PEPE through a lottery. PEPE is one of the most popular memecoins and uses a deflationary mechanism called "burning" to adjust token supply and demand. Many memecoins, including PEPE, are seen as cultural phenomena and viral trends with limited real-world use-cases.

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