Dogecoin Is Now Listed On FTX Japan

Dogecoin is currently accessible on FTX Japan, according to information posted on Twitter. The leading cryptocurrency exchange announced on its website that as of Tuesday, July 5, 2022, it will begin taking DOGE in its physical transactions (sales offices/exchanges) and eternal transactions.

The translation from its official website reads:

We plan to start handling DOGE in our physical transactions (sales offices/exchanges) and perpetual transactions from 11:00 am on Tuesday, July 5, 2022. DOGE is a unique coin with a Shiba dog motif and is a crypto asset that has gained a lot of popularity in recent years. It will be possible to easily trade this DOGE, which is often heard in the news, on FTX Japan in the future. FTX Japan is the only domestic exchange that handles perpetual trading of DOGE, so please take advantage of it.

DOGE has received support in the form of multiple listings on numerous cryptocurrency exchanges since it became popularity in 2020. By establishing a perpetual DOGE/USDT pair in July 2020, OKEx demonstrated its support for DOGE trading on its spot margin trading platform. MegaDogecoin (MDOGE), which stands for one million “regular” DOGE, was listed on Bitfinex that same month.

Dogecoin has been listed on various significant exchanges in the previous year and this one, including Coinbase and Bitso. On the Kraken platform, Dogecoin futures have also appeared.

Whales are exerting buying pressure on Dogecoin

The top BNB whales exerted buying pressure on Dogecoin, which is now among the ten most bought assets among the 1,000 largest BSC whales in the last 24 hours, according to WhaleStats.

A huge BNB whale named “Martian Manhunter,” which is ranked 71st on WhaleStats, purchased 18,800,433 DOGE on June 4 for a total of $1,256,188.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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