Upbit has announced the listing of two popular meme coins, BRETT ($BRETT) and PEPE ($PEPE), in its USDT market. This has made their prices surge. BRETT has seen more than 20% increase and PEPE 11%.
The listing announcement, which came earlier today, detailed that BRETT will be available for trading on the Base network, while PEPE will be traded on the Ethereum network. Both tokens are scheduled to begin trading at 19:30 on August 20th, with deposits and withdrawals expected to start within two hours of the notice posting.
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Show more +BRETT was issued on the Base chain in February 2024. Its mascot, Brett, is a character from Matt Fury’s “Boy’s Club” cartoon series. BRETT aims to establish itself as a cultural icon within the crypto industry and potentially expand its use cases as its community-driven ecosystem grows.
PEPE, on the other hand, made its debut on the Ethereum network in April 2023. Leveraging the popularity of the Pepe the Frog meme, this token set out to challenge the dominance of dog-themed meme coins.
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Upbit has implemented certain trading restrictions to ensure market stability. These include a temporary buy order restriction and a minimum sell price limitation for approximately 5 minutes after trading begins.
Market and reservation orders will be restricted for about an hour post-launch.
Both BRETT and PEPE are offering fee-free withdrawals for approximately 24 hours after the start of deposits and withdrawals, providing an additional incentive for traders.\
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