OKJ becomes the first in Japan to handle "Meme Coin (MEME)"

On the 4th, OKJ, a domestic cryptocurrency exchange, announced that it will begin trading Memecoin (MEME). If the listing goes as planned, it will be the first in Japan to do so.

Meme is scheduled to begin trading at 5:00 PM on the 11th of this month, bringing the total number of cryptocurrencies traded by OKJ to 50.

Supported services include exchange, sales, and savings, and will also support deposits and withdrawals. The supported blockchain is Ethereum.

MEME, which OKJ has announced it will be handling, is an ERC20 meme coin. It was issued as the native token of Memeland, a Web 3.0 venture studio run by Hong Kong-based 9GAG.

Like previous meme coins, it is not a crypto asset that pursues monetary gain or functionality, but rather exists as a token that emphasizes meme culture, with no plans for a roadmap or ecosystem development.

Other crypto asset exchanges in Japan also handle Dogecoin (DOGE) and Pepecoin (PEPE), and there is potential for further listings, particularly of highly liquid tokens.

Source: Announcement
Image: Courtesy of press release

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