Why Local VASP Coins.ph Accelerates Memecoin Listings
To enable its users to buy, sell, and trade memecoins, Coins.ph has started listing trending tokens providing early access before they appear on other exchanges.
What’s the significance: The initiative allows Coins.ph users to capitalize on early access to memecoins, potentially benefiting from the price momentum that often follows when tokens gain wider exposure.
The Big Picture: Memecoins have become a major trend in the cryptocurrency industry, fueled by viral marketing and online communities.
Key details:
- Coins.ph highlighted that it is listing 2 to 5 new tokens each week, including popular memecoins.
Memecoins listed in Coins:
- $MOODENG
- $TURBO
- $PEIPEI
- $SAMO
- $DOGEGOV
- $LUCE
- $SUNDOG
- $NEIRO
- $BONK
- $SHIB
- $DOGE
- $WIF
- $PEPE
- $PNUT
- $FLOKI
- $DOG
- $BOME
- $MOTHER
- $CAT
- $BRETT
- $MEME
- $BDC
- $MEW
- $GOAT
- $DEGEN
- $SPX
- $DOGS
- $1000SATS
Key quote:
“We’re proud to be the first to list these high-potential tokens, giving Filipinos the unique opportunity to acquire and trade them early. By accessing these assets before they’re available on other exchanges, our users can take advantage of the price momentum which often follows when tokens gain wider exposure.”
Wei Zhou, CEO, Coins.ph
Zhou also expressed gratitude for Filipino users’ trust in Coins.ph and emphasized that the best way to repay their loyalty is by helping them seize market opportunities.
Previously: It can be remembered that in 2023, Coins.ph rapidly listed memecoins Pepe and Floki on its Coins Pro platform, nearly matching Binance’s pace.
How to start:
Step 1: Sign Up. Create a Coins.ph account.
Step 2: Complete KYC to enable trading.
Step 3: Deposit money using bank transfer or other options.
Step 4: Discover coins.
Step 5: Trade. Buy, sell, or hold to catch market opportunities.
What are Memecoins: This kind of crypto appeals to investors due to their affordability and the potential for exponential returns, driven by their ability to leverage online community engagement and viral marketing.
- These tokens often gain popularity through humor, cultural references, or influencer endorsements, creating a strong emotional connection with their audience.
- Read: Why Filipinos Embrace High-Risk Crypto Investments
Between the lines: Coins.ph’s strategy of listing new tokens first gives Filipino users an advantage in the fast-moving market of crypto memecoins.
What to watch: The upcoming memecoins Coins.ph will list going forward.
Worth reading: Recently, a Filipino trader recovered from a ₱560K loss in a Kong Sui rug pull by earning over ₱2.9M from the price surge of SOG, a memecoin on the Sui Network.
This article is published on BitPinas: Local VASP Coins.ph Accelerates Memecoin Listings
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