Cryptocurrency exchange Coins.ph announced that it is listing new memecoins before they appear on other major platforms.
This strategy has enabled some Coins.ph users to benefit from price increases that can occur after a token is listed.
For example, the $PNUT token increased in value by 5x after being listed on Coins.ph.
Other memecoins like $MOODENG and $TURBO have reportedly also seen gains.
The exchange recently listed the Elon Musk inspired Department of Government Efficiency (D.O.G.E) memecoin with the ticker $DOGEGOV.
With Bitcoin reaching a new all-time high, demand for cryptocurrency trading is increasing. In response, Coins.ph is listing 2 to 5 new tokens each week.
“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.
We’re grateful to be the platform of choice for Filipino users, and we know that the best way to give back to them for their trust and loyalty in Coins is by enabling them to capitalize on market opportunities.”
said Wei Zhou, CEO at Coins.ph.
Featured image credit: Edited from Freepik
