PEPE Coin: The first meme-coin in the Japanese market – What nonsense?

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Well, they have indeed launched this green frog in Japan! BITPoint Japan has decided to add PEPE to its trading instruments – the first case where a meme coin is officially traded on a Japanese platform. Frankly, I am surprised at how this cartoonish currency manages to penetrate further and further while real projects with technological foundations remain in the shadows.

I traded this thing myself, and you know what? This exchange doesn't just add PEPE for no reason – they are literally luring people in with contests and prizes. 100,000 yen for ten "lucky ones"? This is a blatant attempt to create artificial hype! And all these pseudo-investors will rush to dump money there while the fat cats scoop up the cream.

At the same time, PEPE has been feeling terrible lately! A drop of 0.2% in 24 hours, minus 3.2% for the week, and a whole 15.1% for the month. Where are those sky-high profits that all sorts of "experts" from Twitter promised us? Where is the "bullish crossover" that they were shouting about on the streams?

This so-called analyst Chris McCrypto is pulling our leg – "promising" weekly charts, "potential breakout"... This is all a familiar tune before the next whales start dumping their supplies into the hands of naive newcomers.

And yes, the price of PEPE is currently 44% lower than its all-time high! I remember that May hype when everyone believed it was "just the beginning". But the facts speak for themselves – this green frog is no longer jumping so high.

The Japanese listing is undoubtedly an event. But let's be honest - this is more an attempt by BITPoint to earn from commissions than a truly significant step for the crypto world. So far, all these technical indicators resemble more a fortune-telling with coffee grounds than real analysis.

Do you still believe that meme coins are the "future of finance"?

PEPE-0.02%
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