Seychelles-based crypto trade OKX has introduced help for 3 memecoins, together with a newly launched altcoin associated to Dogecoin (DOGE).
In an announcement, OKX says it’s rolling out perpetual futures help 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 trade within the US. BRETT has a market cap of $683 million and is down over 40% for the reason that begin of August.
Simon’s Cat was initially launched on the BNB Sensible 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 venture dubs the altcoin “the official sister of DOGE” that has arrived on Ethereum (ETH) to “make historical past.”
NEIROETH at present 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 shall be traded on USDT margin perpetual futures.
Late final yr, OKX CEO Star Xu stated he was being urged to checklist extra BRC-20 altcoins from the Bitcoin (BTC) ecosystem, however famous that the trade wasn’t aiming to be “aggressive” with its itemizing course of.
“Quite a lot of associates [are] urging me [to] checklist extra BRC-20 tokens. Thanks for these kindly solutions. I need to make clear, as an trade, if we use the only technique that’s simply [to] checklist all tokens, I consider it could assist [the] trade make extra fast cash, however will destroy the market.
OKX by no means needs to be probably the most aggressive itemizing trade within the trade. Though OKX is just not the trade’s largest chief, we nonetheless have our long-term philosophies like constructing the infrastructure, don’t be evil, as clear as attainable and at all times be expertise pushed.”
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