Seychelles-based cryptocurrency exchange OKX has announced support for three new memecoins, including Dogecoin $0.095893 There is also a new altcoin associated with (DOGE).
New Memecoins
OKX announced that BasedBrett (BRETT), Simon’s Cat (CAT), and Neiro (NEIROETH) memecoins on Ethereum will be supported for perpetual futures. These tokens will be traded with USDT-margined perpetual futures. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
BasedBrett is known as the largest memecoin on the Base blockchain, launched by the largest US cryptocurrency exchange Coinbase. BRETT has a market cap of $683 million and has fallen by more than 40% since the beginning of August.
Simon’s Cat and Neiro
Simon’s Cat was initially launched on the BNB Smart Chain (BSC) and was airdropped to Floki (FLOKI) holders last month. CAT has a market cap of $187 million and has surged 152% since hitting an all-time low of $0.00001099 just days after launch.
The Neiro project describes the altcoin as the “official sister of DOGE” and Ethereum (ETH) 
$2,296.85 NEIROETH’s market cap is currently $128 million and is up 449% since hitting an all-time low of $0.0232 on September 3.
OKX’s Views and Plans
At the end of last year, OKX CEO Star Xu announced that Bitcoin (BTC) 
$54,501.99 revealed that it is encouraged to list more BRC-20 altcoins from its ecosystem. However, Xu noted that the exchange does not intend to be “aggressive” in its listing process.
“Many of my friends want me to list more BRC-20 tokens. Thank you for these kind suggestions. As an exchange, using the simplest strategy and listing all tokens can make the exchange quick money, but it will ruin the market.”
Xu also emphasized that OKX does not want to be the most aggressive listing exchange in the industry, and their long-term philosophy is to build infrastructure, do no evil, be as transparent as possible, and always remain technology-focused.
In summary, OKX’s support for three new memecoins may receive various reactions in the cryptocurrency market. First of all, the effects of these supports on the market should be monitored carefully. Cryptocurrency investors should closely follow such developments and make conscious decisions when making their investments.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
