OKX, one of the leading cryptocurrency exchanges, started the day with the altcoin announcement. At this point, OKX announced that it had listed altcoins named DEGEN and SLERF.
“OKX will soon launch DEGEN and SLERF.
Deposit time for DEGEN and SLERF: 23 July 14:00 (UTC+8)
SLERF/USDT trading opening time: 23 July 16:00 (UTC+8)
DEGEN/USDT trade opening time: 23 July 17:00 (UTC+8)
DEGEN and SLERF open withdrawal time: 24 July 18:00 (UTC+8)
DEGEN is a reward token for Farcaster users that uses a unique tip subsidy mechanism to incentivize the community. It also provides support for the Degen chain, one of the pioneering L3s launched on Base, providing a platform for building and using Degen applications.
SLERF is a community meme based on unity. SLERF, a sloth-based meme, shows the power of community unity and never giving up.”
OKX finally warned investors and said, “digital assets are innovative investment products that are subject to large price fluctuations and high investment risks. Please fully understand digital assets before investing, rationally evaluate your own investment capabilities, and make investment choices carefully.” said.
SLERF 37% after OKX listing; DEGEN, on the other hand, increased by 16%.
*This is not investment advice.