OKX Announces Support for Altcoin Dubbed ‘Dogecoin Sister’ and Two Other Memecoins

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 sure roll 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 biggest crypto change within the US. BRETT has a market cap of $683 million and is down greater than 40% since early August.

Simon’s Cat initially launched on the BNB Good Chain (BSC) and was broadcast final month to holders of Floki (FLOKI), a competitor to Dogecoin. CAT has a market cap of $187 million and is up 152% since hitting a low of $0.00001099 a number of days after launch.

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 at the moment has a market cap of $128 million and is up over 449% since hitting a low of $0.0232 on September 3.

All memecoins shall be traded on perpetual futures with USDT margin.

Late final 12 months, OKX CEO Star Xu stated he was being urged to listing extra BRC-20 altcoins from the Bitcoin (BTC) ecosystem, however famous that the change had no intention of “aggressively ” with its itemizing course of.

“A lot of mates [are] urges me [to] show extra BRC-20 tokens. Thanks for these type recommendations. I wish to make clear, by means of change, whether or not we’re utilizing the best technique that’s truthful [to] make a listing of all tokens, i believe it’d assist [the] change will earn a living quicker, however will destroy the market.

OKX by no means needs to be essentially the most aggressive itemizing change within the business. Whereas OKX is just not the largest chief within the business, we nonetheless have our long-term philosophies of constructing the infrastructure, not being malicious, being as clear as attainable and all the time being technology-driven.”

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