Japan Embraces Meme Coin Culture with PEPE's Flourishing Market Presence
by aria-crypto.com
January 31, 2025 at 09:18
Japan Embraces Meme Coin Culture with PEPE's Flourishing Market Presence
Frog-themed cryptocurrency PEPE has been officially listed on Bitflyer, escalating its presence in the Japanese market. Bitflyer, a top crypto exchange in Japan, announced the integration of PEPE into their platform, highlighting its status as the 4th largest meme coin by market capitalization. Starting from January 30, PEPE became available for trading on Bitflyer, although the exchange has not yet enabled deposits and withdrawals for the coin. This listing on Bitflyer follows a recent addition of PEPE on Binance Japan, signifying a strong adoption trend in the country. The coin has been paired with JPY for spot trading on Binance Japan, catering to the local demand. Following these listings, PEPE's value saw a notable rise, jumping by 6% in a single day, echoing the general recovery trend observed in the broader cryptocurrency market. This surge came after influential global financial movements, specifically the Federal Reserve's latest statements on monetary policy. As PEPE continues to weather fluctuations in the market, indicators suggest a potential upward momentum if it crosses key daily moving averages.
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