Dogecoin

Kabosu

Shiba Inu

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The most popular and biggest meme cryptocurrency,&nbsp;<a href="https://u.today/dogecoin-creator-breaks-silence-on-fake-mcdonalds-meme-coin-scam" rel="noopener noreferrer nofollow">Dogecoin (DOGE)</a>, has had a homecoming of sorts with a new listing on the world's largest crypto exchange, Binance. It is all about pegging DOGE to the Japanese yen, and more importantly, on a global platform rather than the Japanese wing of the black-and-yellow crypto giant.&nbsp;
The listing of Dogecoin to JPY on Binance was announced yesterday, but trading only went&nbsp;<a href="https://www.binance.com/en/trade/DOGE_JPY?type=spot" rel="noopener noreferrer nofollow">live</a> today. From the start of trading, the price of DOGE in yen jumped more than 13%, as the chart shows.&nbsp;
However, it quickly stabilized to prices that are in line with all other pairs where such a trade is possible. Based on data from Japanese crypto exchanges such as Bitbank, the pump incident only took place on Binance.&nbsp; <img alt="&quot;&quot;" data-entity-type="file" data-entity-uuid="35d37303-8b34-40a3-b731-c81aff32734b" src="https://u.today/sites/default/files/inline-images/dogejpy_0.png">Source: <a href="https://www.binance.com/en/trade/DOGE_JPY?type=spot" rel="noopener noreferrer nofollow">Binance</a>
As of now, DOGE to JPY on the new platform is still traded with a premium, but already much lower, where the spread with the same Bitbank does not exceed 0.1 JPY per&nbsp;<a href="https://u.today/elon-musk-stuns-dogecoin-community-with-new-post" rel="noopener noreferrer nofollow">Dogecoin</a>.
<h2 dir="ltr" id="doge-and-kabosu-story">DOGE and Kabosu story</h2>
Recall that Dogecoin, or DOGE, originated from a meme featuring a Shiba Inu dog named Kabosu that was rescued from an animal shelter in Japan in 2008. In this context, the new listing on Binance for&nbsp;<a href="https://u.today/dogecoin-whales-worryingly-cash-out-amid-doge-price-pump" rel="noopener noreferrer nofollow">DOGE</a> is extremely significant and deserves special attention.
The event itself is somewhat of a sequel to the events of March this year, when the exchange for the first time allowed trading on its global platform for Bitcoin, BNB and Ethereum - Binance's main assets - to be paired against the Japanese yen. At the same time, it also announced zero fees for spot trading in pairs with this currency.

New 'Japanese' Dogecoin (DOGE) Listing Hits Binance

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