Popular Meme Currency Dogecoin (DOGE) Listed by FTX Japan

  • There are over 377 exchanges that offer DOGE, according to CMC.
  • Currently, Dogecoin is trading at $0.06743, a decrease of 2.8% over the last 24 hours.

FTX Japan has now listed Dogecoin, according to postings on Twitter. The top crypto exchange has announced on its website that it will begin listing Dogecoin on Tuesday, July 5, 2022, in its physical transactions (such as at sales offices or exchanges) and perpetual transactions.

The coin that began as a simple meme has gained worldwide acclaim and recognition. As a result of Elon Musk’s endorsement of DOGE, the currency has become a household name. There are over 377 exchanges that offer DOGE, according to CMC statistics, including prominent ones like OKEx and Coinbase.

Dogecoin Gaining Popularity Globally

In the 1,000 largest BSC whales, Dogecoin has been among the top 10 most acquired assets in the previous 24 hours, according to WhaleStats. The “Martian Manhunter” whale, ranked 71st by WhaleStats, purchased 18,800,433 DOGE worth $1,256,188 on June 4. Many crypto investors in the United States are taking out loans to acquire cryptocurrency, according to a new report by DebtHammer. In addition to Bitcoin and Ethereum, Dogecoin is one of the most sought-after cryptocurrencies.

Currently, Dogecoin is trading at $0.06743, a decrease of 2.8% over the last 24 hours. During the previous seven days, the meme currency has lost 7.9 percent of its value and is even down 90% from its all-time high of $0.7376 in terms of its overall performance.

DOGE/USDT: Source: TradingView

Dogecoin’s network saw a 30% increase in transactions last week. Increased adoption and collaborations are two likely reasons. The number of DOGE addresses in use steadily increased during the previous month. The price charts for Dogecoin were in a state of flux. In the face of higher timeframe bearishness and lower timeframe uptrends, it was uncertain if Dogecoin could rise higher.

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A trader himself, Rossi has 7 years of experience trading in the forex market and the passion for writing has brought him to Newscrypto. He is the perfect combination of market knowledge and writing skills, making him one of the most sought-after writers on cryptocurrency.