Seychelles-based crypto exchange OKX has announced support for three memecoins, including a newly launched altcoin related to Dogecoin (DOGE).
In an announcement, OKX says it is rolling out perpetual futures support for meme tokens BasedBrett (BRETT), Simon’s Cat (CAT) and Neiro on ETH (NEIROETH).
BRETT is the largest memecoin on Base, the blockchain launched by Coinbase, the biggest crypto exchange in the US. BRETT has a market cap of $683 million and is down over 40% since the start of August.
Simon’s Cat was originally launched on the BNB Smart Chain (BSC) and was airdropped last 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 few days after launching.
Meanwhile, the Neiro project dubs the altcoin “the official sister of DOGE” that has arrived on Ethereum (ETH) to “make history.”
NEIROETH currently has a market cap of $128 million and is up over 449% since printing an all-time low of $0.0232 on September 3rd.
All the memecoins will be traded on USDT margin perpetual futures.
Late last year, OKX CEO Star Xu said he was being urged to list more BRC-20 altcoins from the Bitcoin (BTC) ecosystem, but noted that the exchange wasn’t aiming to be “aggressive” with its listing process.
“A lot of friends [are] urging me [to] list more BRC-20 tokens. Thanks for these kindly suggestions. I want to clarify, as an exchange, if we use the simplest strategy that is just [to] list all tokens, I believe it may help [the] exchange make more quick money, but will destroy the market.
OKX never wants to be the most aggressive listing exchange in the industry. Although OKX is not the industry’s biggest leader, we still have our long-term philosophies like building the infrastructure, don’t be evil, as transparent as possible and always be technology driven.”
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