Japanese Investors Favor Local Tokens Like OAS

IconCryptoNewsTerminal Staff08 Jul, 2024

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Japanese Investors Favor Local Tokens Like OAS

## Japanese Investors Show Affinity for Local Tokens Bitget Research has released a report on the Japanese cryptocurrency market, revealing that local investors have a strong preference for trading tokens of Japanese projects, such as ASTR and OAS. This trend aligns with the cultural affinity that Japanese people have for dogs, as evidenced by the popularity of Shiba Inu and Akita breeds. Despite the global popularity of newer meme tokens like BOME and SLERF, they have yet to gain significant traction in Japan. Instead, Japanese investors have shown a keen interest in established blue-chip coins like XRP and ADA, which have not garnered as much attention in other regions. This report highlights the unique preferences and characteristics of the Japanese cryptocurrency market and provides valuable insights for investors looking to navigate this dynamic landscape.

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