- PEPE turns into Japan's first memecoin listed on BITPoint, enabling native commerce.
- Vantard's seed spherical enters stage 3 and raises $223,130.
- The worth of the $VTARD token has elevated by 20% to date and is anticipated to succeed in $0.00019 throughout the closing section.
PEPE made historical past by changing into the primary memecoin to be listed on the Japanese alternate BITPoint. This groundbreaking transfer opens new avenues for memecoin buyers in Japan, permitting them to work together with this in style digital asset by way of numerous buying and selling choices.
In the meantime, Vantard, a decentralized index fund aimed toward capitalizing on the explosive development of memecoins, has entered the third stage of its seed funding spherical, making a buzz amongst buyers seeking to observe the newest development in cryptocurrency.
PEPE turns into the primary Memecoin to be listed on a Japanese alternate
PEPE, impressed by web sensation Pepe the Frog, has shortly gained traction within the crypto world. On October 30, 2024, BITPoint, a serious crypto alternate primarily based in Tokyo, listed PEPE for spot buying and selling, financial savings and lending, marking a pivotal second within the memecoin ecosystem.
On the time of itemizing, PEPE was buying and selling at round $0.000009521, with a strong 24-hour buying and selling quantity of $700 million.
Regardless of a slight decline of 5% over the previous week, PEPE has positioned itself because the twenty fourth largest cryptocurrency by market capitalization, valued at round $4 billion.
The significance of PEPE's itemizing on BITPoint can’t be overstated. By changing into the primary memecoin to be listed on a Japanese alternate, PEPE opens a brand new market, permitting native buyers to take part within the rising memecoin frenzy.
To have fun the event, BITPoint launched two giveaway campaigns aimed toward attracting buyers. One marketing campaign presents a raffle of PEPE cash value 100,000 yen to 10 buyers who buy no less than 10,000 yen of PEPE, whereas the second marketing campaign is aimed toward followers of BITPoint's social media account.
The itemizing comes at a time when the broader memecoin ecosystem is experiencing important development, with platforms like Solana benefiting from elevated exercise associated to meme cash. Solana has seen the community's each day income attain report ranges, largely pushed by buying and selling and lending actions involving in style memecoins.
The meme coin phenomenon has expanded past just a few cash, with different blockchains like TON and Tron additionally seeing elevated exercise round their respective memecoins.
Vantard's progressive method to investing in memecoins
Because the memecoin panorama continues to evolve, Vantard is positioning itself as a revolutionary participant within the house by introducing what’s the first meme coin index fund.
The Boastful Meme Index Fund (MIF) goals to seize the explosive development of the memecoin tremendous cycle by offering buyers with a diversified, decentralized strategy to spend money on top-performing meme cash. The fund's mission is to democratize investing in cash, making it accessible to on a regular basis crypto merchants with out the necessity for fixed buying and selling or handbook market evaluation.
The fund permits buyers to redeem their $VTARD tokens for underlying property whereas implementing dynamic redemption charges that adjust primarily based on market demand. This mannequin goals to guard the worth of the fund from sell-offs, guaranteeing that long-term holders can profit from the potential advantages of the meme tremendous cycle.
Presently in Stage 3 of its seed funding spherical, which has already raised $223,130, Vantard has allotted a considerable portion of its tokens to its treasury, ecosystem, and liquidity. The tokenomics construction consists of 77.27% devoted treasury tokens, that are locked for fund administration and future expansions.
The fundraising efforts intention to seize investor curiosity within the booming memecoin market, particularly as tokens like PEPE achieve prominence.
As Vantard advances by way of the remaining levels of the seed funding spherical, it seeks to develop its funding alternatives past memecoins, with the aim of making a multi-asset fund that encompasses numerous high-risk and high-risk property. excessive effectivity.
buyers can go to the Vantard web site to buy their share of $VTARD tokens now earlier than the value will increase additional. The token's value has already elevated by 20% from its first spherical stage to its present value of 0.00012, and it’s anticipated to succeed in 0.00019 within the closing presale stage.
