- PEPE becomes Japan’s first memecoin listed on BITPoint, enabling local trading.
- Vantard’s seed round enters Stage 3, raising $223,130.
- $VTARD token price has increased by 20% so far and it is expected to reach $0.00019 in the final stage.
PEPE has made history by becoming the first memecoin to be listed on Japan’s BITPoint exchange. This groundbreaking move opens up new avenues for memecoin investors in Japan, allowing them to engage with this popular digital asset through various trading options.
Meanwhile, Vantard, a decentralized index fund aimed at capitalizing on the explosive growth of memecoins, has entered Stage 3 of its seed funding round, creating a buzz among investors looking to ride the latest trend in cryptocurrency.
PEPE becomes the first Memecoins to be listed by a Japanese exchange
PEPE, inspired by the internet sensation Pepe the Frog, has quickly gained traction in the crypto world. On October 30, 2024, BITPoint, a prominent Tokyo-based crypto exchange, listed PEPE for spot trading, saving, and lending, marking a pivotal moment in the memecoin ecosystem.
As of its listing, PEPE was trading at approximately $0.000009521, with a robust 24-hour trading volume of $700 million.
Despite a minor dip of 5% over the past week, PEPE has positioned itself as the 24th largest cryptocurrency by market capitalization, valued at around $4 billion.
The significance of PEPE’s listing on BITPoint cannot be overstated. By becoming the first memecoin to be listed on a Japanese exchange, PEPE unlocks a new market, allowing local investors to partake in the growing memecoin frenzy.
To celebrate the occasion, BITPoint has launched two giveaway campaigns aimed at attracting investors. One campaign offers a random giveaway of PEPE coins worth 100,000 yen to ten investors who purchase at least 10,000 yen of PEPE, while the second campaign is directed at followers of BITPoint’s social media account.
The listing comes at a time when the broader memecoin ecosystem is experiencing significant growth, with platforms like Solana benefiting from increased activity related to meme coins. Solana has seen daily network revenues soar to record highs, driven largely by trading and lending activities involving popular memecoins.
The meme coin phenomenon has expanded beyond just a few coins, with other blockchains like TON and Tron also witnessing increased activity surrounding their respective memecoins.
Vantard’s innovative approach to memecoin investing
As the memecoin landscape continues to evolve, Vantard is positioning itself as a revolutionary player in the space by introducing what is the first meme coin index fund.
The Vantard Meme Index Fund (MIF) aims to capture the explosive growth of the memecoin super cycle by providing investors with a diversified and decentralized way to invest in top-performing meme coins. The fund’s mission is to democratize meme coin investing, making it accessible to everyday crypto traders without the need for constant trading and manual market analysis.
The fund allows investors to redeem their $VTARD tokens for underlying assets while implementing dynamic redemption fees that vary based on market demand. This model is intended to shield the value of the fund from mass sell-offs, ensuring that long-term holders can benefit from the potential upside of the meme super cycle.
Currently in Stage 3 of its seed funding round, which has already raised $223,130, Vantard has allocated a substantial portion of its tokens to its treasury, ecosystem, and liquidity. The tokenomics structure includes a significant 77.27% of tokens dedicated to the treasury, which is locked for fund management and future expansions.
The fundraising efforts are aimed at capturing investor interest in the booming memecoin market, especially as tokens like PEPE gain prominence.
As Vantard progresses through the remaining stages of the seed funding round, it seeks to expand its investment opportunities beyond memecoins, aiming to create a multi-asset fund that encompasses various high-risk, high-reward assets.
Interested investors can visit the Vantard website to purchase their share of $VTARD tokens now before the price rises further. The token price has already risen by 20% from its first seed round stage to its current price of 0.00012, and it is expected to rise to 0.00019 in the last presale stage.
The post PEPE becomes Japan’s first listed memecoin as Vantard (VTARD) seed round enters stage 3 appeared first on CoinJournal.
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