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Crypto Exchange OKX Adds Support for Three New Memecoins

09.09.2024 13:00 1 min. read Alexander Stefanov
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Crypto Exchange OKX Adds Support for Three New Memecoins

Seychelles-based crypto exchange OKX has unveiled its support for three new memecoins, including a recent addition related to Dogecoin (DOGE).

The exchange will now offer perpetual futures trading for BasedBrett (BRETT), Simon’s Cat (CAT), and Neiro on ETH (NEIROETH).

BRETT, a leading memecoin on Base—the blockchain developed by Coinbase—boasts a market cap of $683 million but has seen a 40% decline since August. Simon’s Cat, initially launched on the BNB Smart Chain (BSC) and airdropped to Floki (FLOKI) holders, has a market cap of $187 million and has surged 152% from its all-time low shortly after launch.

The Neiro project, positioning itself as “the official sister of DOGE,” is now on Ethereum (ETH) with a market cap of $128 million and has risen over 449% from its all-time low on September 3rd.

All three memecoins will be available for trading on USDT margin perpetual futures.

Earlier, OKX CEO Star Xu mentioned requests to list more BRC-20 tokens from the Bitcoin ecosystem. He clarified that while such suggestions are appreciated, OKX prefers a cautious listing strategy, aiming to avoid disrupting the market and maintaining a focus on long-term goals and technological innovation.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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