The crypto exchange OKX, based in Seychelles, has unveiled its support for three new memecoins, which includes a recently launched altcoin tied to Dogecoin (DOGE).
In their announcement, OKX states that they are introducing perpetual futures for the meme tokens BasedBrett (BRETT), Simon’s Cat (CAT), and Neiro on ETH (NEIROETH).
BRETT has emerged as the leading memecoin on Base, the blockchain initiated by Coinbase, the largest crypto exchange in the US. Currently, BRETT boasts a market capitalization of $683 million, having fallen over 40% since the beginning of August.
Simon’s Cat originally debuted on the BNB Smart Chain (BSC) and was airdropped last month to Floki (FLOKI) holders, a competitor to Dogecoin. With a market cap of $187 million, CAT has surged by 152% since hitting an all-time low of $0.00001099 shortly after its launch.
On another note, the Neiro project calls its altcoin “the official sister of DOGE,” which has now arrived on Ethereum (ETH) to “make history.”
Currently, NEIROETH holds a market cap of $128 million and has increased by over 449% since reaching an all-time low of $0.0232 on September 3rd.
All these memecoins will be available for trading on USDT margin perpetual futures.
Last year, OKX CEO Star Xu mentioned that he was being encouraged to list more BRC-20 altcoins from the Bitcoin (BTC) ecosystem but emphasized that the exchange did not intend to be “aggressive” in its listing strategy.
“Many friends have been urging me to list more BRC-20 tokens. I appreciate the kind suggestions. I’d like to clarify that if we, as an exchange, simply adopt the approach of listing all tokens, it might help generate quick profit, but it could harm the market.”
“OKX does not aspire to be the most aggressive listing exchange in the sector. While OKX may not be the largest player in the industry, we continue to uphold our long-term principles of building infrastructure, prioritizing transparency, and being driven by technology.”
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