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Buttcoin Lists on Poloniex, LBank, Sparking Meme Coin Debate

Coin WorldFriday, Apr 4, 2025 11:18 am ET
1min read

Buttcoin, a Bitcoin-backed meme coin, has recently been listed on two prominent cryptocurrency exchanges, LBank and Poloniex, marking a significant milestone in its journey within the crypto world. This development has sparked considerable interest and debate among crypto traders and enthusiasts, as meme coins continue to gain traction in the volatile virtual asset landscape.

Poloniex began accepting deposits for Buttcoin on April 3, 2025, at 12:00 UTC, with full trading on the BUTTCOIN/USDT pair becoming available at 13:30 UTC on the same day. This rapid rollout underscores Poloniex's commitment to expanding its listings and meeting the growing demand for niche currencies, including meme coins. Known for its user-friendly interface and low trading fees, Poloniex has a history of listing new and community-driven projects, making it an ideal platform for Buttcoin's launch. Similarly, LBank highlighted Buttcoin as a meme coin inspired by Bitcoin, launched in 2025, and designed to capture the attention of the crypto community through its playful branding.

The significance of these listings lies in their timing and potential impact on the broader crypto space. Buttcoin's entry into the market coincides with renewed interest in meme-based tokens, which have proven to be both a boon and a bane for investors. While some meme coins, such as Shiba Inu and Dogecoin, have achieved substantial market capitalization, others have quickly faded after brief periods of hype. Buttcoin aims to differentiate itself with its bold "Next Bitcoin" narrative, blending Bitcoin's legacy with the playful irreverence of meme culture. The listings on Poloniex and LBank provide Buttcoin with increased liquidity and exposure, attracting more traders to the token. However, they also indicate that major exchanges are willing to list speculative tokens despite market risks and regulatory scrutiny. The swift timeline, particularly Poloniex's abbreviated period between deposit acceptance and trading initiation, raises questions about the token's maturity and future prospects.

Ask Aime: What is the potential impact of Buttcoin's listing on LBank and Poloniex on the broader crypto market?

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