Users get a chance to win a billion cryptocurrency tokens that have grown by 39,000%

In honor of the listing of the notorious PEPE memtoken, Gemini cryptocurrency exchange has announced a 1 billion PEPE draw — 1 user will be able to win by fulfilling only 2 conditions.

1/ gm frens! In celebration of $pepe joining the Gemini ecosystem, we’re giving away 1 Billion pepe to one lucky winner. 🐸🤝 pic.twitter.com/HNARdJGd4c

— Gemini (@Gemini) May 12, 2023

To compete for the prize, you need to:

1. Follow Gemini’s Twitter account;
2. Share a post about the PEPE draw on your page.

The conditions must be met by May 16, 06:59 Kyiv time. Only verified clients of the trading platform who have linked at least one source of funding to their account, such as a bank account, can participate in the contest.

on May 16, Gemini employees will select the winner at random and present him with 1 billion Pepe worth $ 1857 at the current exchange rate. The tokens will be transferred within three months after the end of the draw.

Over the past 24 hours, PEPE has fallen in price by 8.6%, and over the past week — by 28.3%. At the time of writing, the PEPE token is listed on Binance, KuCoin, Uniswap, Gemini, OKX, and Huobi. The market capitalization of PEPE is $ 734 million, and trading volumes over the past 24 hours have exceeded $ 346 million.

As a reminder, many experts are skeptical about PEPE, not ruling out the possibility of blocking, theft, and large-scale dumping of the digital asset by its creators. Any fraudulent actions can significantly affect the wallets of investors who continue to invest in a new, but rapidly growing digital asset.