- A leading cryptocurrency exchange, OKX, recently announced the listing of two new altcoins, stirring significant interest in the crypto market.
- These additions include Degen (DEGEN), a reward token for Farcaster users, and the meme coin Slerf (SLERF).
- The announcement has generated substantial buzz, causing notable price movements for both tokens.
Discover the latest developments as OKX lists Degen and Slerf, driving the crypto market into a frenzy and influencing other exchanges to follow suit.
OKX Lists New Altcoin Projects DEGEN and SLERF
OKX continues to enhance its platform by integrating promising new projects, aiming to provide the best user experience. The listing of Degen and Slerf on the OKX platform marks a strategic move to captivate the expanding crypto community.
Details on Degen (DEGEN) and Its Market Impact
Degen (DEGEN), a reward token tailored for Farcaster users, officially commenced trading against USDT on July 23 at 12:00 PM (UTC). DEGEN’s listing was highly anticipated by the Farcaster community, drawing considerable attention and activity in the market. Following the announcement, DEGEN experienced a 13% surge, trading at $0.007588, as reported by CoinGecko.
Slerf (SLERF): The Rise of a Meme Coin
Slerf (SLERF), characterized by its sloth-themed and community-driven ethos, began trading against USDT on July 23 at 11:00 AM (UTC). This meme coin emphasizes the importance of teamwork and perseverance. The immediate market reaction saw SLERF’s price soar by over 40%, reaching $0.3113, underscoring the significant impact of its listing on OKX.
Concurrent Listings on Other Crypto Exchanges
The 23rd of July 2023 was not only a vital day for OKX but also for several other cryptocurrency exchanges, marking numerous significant altcoin listings. These events have created new opportunities for investors seeking to diversify their portfolios.
Noteworthy Listings on Multiple Platforms
MEXC listed HashAI (HASHAI) at 3:00 PM, while the same exchange introduced Liquidium Token (LIQUIDIUM) at 4:00 AM. WhiteBIT added ‘cat in a dogs world’ (MEW) to its offerings, though further details remain sparse. AVAIL was made available on Bybit, Gate.io, and BingX at 12:00 PM, 12:00 PM, and 12:30 PM, respectively. Bitrue introduced Mog Coin (MOG) at 10:00 AM, alongside BitMart’s addition of Chedda (CHEDDA) at 9:00 AM. SolCex listed Mother Iggy (MOTHER) at 11:00 AM, and MEXC Global followed with Bill the Bear (BILL) at 3:00 PM.
Conclusion
The strategic listings by OKX and other crypto exchanges have injected new vibrancy into the market, offering investors a plethora of options. These developments underscore the dynamic nature of the crypto ecosystem, where timely and strategic listings can significantly influence market movements and investor sentiment.
