Seychelles-based crypto change OKX has introduced assist for 3 memecoins, together with a newly launched altcoin associated to Dogecoin (DOGE).
In an announcement, OKX says it’s rolling out perpetual futures assist for meme tokens BasedBrett (BRETT), Simon’s Cat (CAT) and Neiro on ETH (NEIROETH).
BRETT is the biggest memecoin on Base, the blockchain launched by Coinbase, the most important crypto change within the US. BRETT has a market cap of $683 million and is down over 40% because the begin of August.
Simon’s Cat was initially launched on the BNB Good Chain (BSC) and was airdropped final month to holders of Floki (FLOKI), a Dogecoin competitor. CAT has a market cap of $187 million and is up 152% since printing an all-time low of $0.00001099 a number of days after launching.
In the meantime, the Neiro undertaking dubs the altcoin “the official sister of DOGE” that has arrived on Ethereum (ETH) to “make historical past.”
NEIROETH presently has a market cap of $128 million and is up over 449% since printing an all-time low of $0.0232 on September third.
All of the memecoins will probably be traded on USDT margin perpetual futures.
Late final 12 months, OKX CEO Star Xu mentioned he was being urged to listing extra BRC-20 altcoins from the Bitcoin (BTC) ecosystem, however famous that the change wasn’t aiming to be “aggressive” with its itemizing course of.
“A number of associates [are] urging me [to] listing extra BRC-20 tokens. Thanks for these kindly recommendations. I need to make clear, as an change, if we use the best technique that’s simply [to] listing all tokens, I imagine it could assist [the] change make extra fast cash, however will destroy the market.
OKX by no means desires to be essentially the most aggressive itemizing change within the business. Though OKX isn’t the business’s largest chief, we nonetheless have our long-term philosophies like constructing the infrastructure, don’t be evil, as clear as attainable and all the time be know-how pushed.”
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