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Home»ALTCOIN NEWS»OKX Announces Support for Altcoin Dubbed ‘Dogecoin Sister’ and Two Other Mimecoins
ALTCOIN NEWS

OKX Announces Support for Altcoin Dubbed ‘Dogecoin Sister’ and Two Other Mimecoins

By Crypto FlexsSeptember 8, 20243 Mins Read
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OKX Announces Support for Altcoin Dubbed ‘Dogecoin Sister’ and Two Other Mimecoins
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Seychelles-based cryptocurrency exchange OKX has announced support for three new Mimecoins, including a newly launched altcoin linked to Dogecoin (DOGE).

OKX announced that it will support perpetual futures trading for meme tokens BasedBrett (BRETT), Simon’s Cat (CAT), and Neiro on ETH (NEIROETH).

BRETT is the largest meme coin on Base, the blockchain launched by Coinbase, the largest cryptocurrency exchange in the United States. BRETT has a market cap of $683 million and has fallen more than 40% since early August.

Simon’s Cat originally launched on the BNB Smart Chain (BSC) and was airdropped to Dogecoin competitor Floki (FLOKI) holders last month. CAT has a market cap of $187 million, up 152% from its all-time low of $0.00001099 just days after its launch.

Meanwhile, the Neiro project calls this altcoin the “official sister of DOGE” that was introduced to Ethereum (ETH) “to make history.”

NEIROETH currently has a market cap of $128 million, up over 449% since its all-time low of $0.0232 on September 3rd.

All MemeCoins are traded via USDT margined perpetual futures contracts.

Late last year, OKX CEO Star Xu said that the exchange had been urged to list more BRC-20 altcoins in the Bitcoin (BTC) ecosystem, but noted that the exchange was not aiming to be “aggressive” in its listing process.

“Many of my friends have been advising me to list more BRC-20 tokens. Thank you for your kind suggestion. As an exchange, I believe that if we use the simplest strategy of listing all tokens, the exchange will make money faster, but it will destroy the market.

OKX doesn’t want to be the most aggressive listing exchange in the industry. OKX is not the biggest leader in the industry, but we have a long-term philosophy of building infrastructure, not being evil, being as transparent as possible, and always being technology-centric.”

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Disclaimer: The opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investment in Bitcoin, cryptocurrencies or digital assets. Your transfers and transactions are at your own risk and any losses you may incur are your own responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets and The Daily Hodl is not an investment advisor. The Daily Hodl participates in affiliate marketing.

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