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- Leading cryptocurrency exchange OKX has announced the listing of two new altcoins.
- The two newly listed tokens are Degen (DEGEN), a reward token for Farcaster users, and popular meme coin Slerf (SLERF).
- Deposits for these tokens have already commenced as of 9:00 AM UTC today.
OKX has recently unveiled the addition of DEGEN and SLERF to its trading platform, causing notable market reactions.
OKX Lists New Altcoins: DEGEN and SLERF
In an official statement released on July 23, OKX announced the listing of Degen (DEGEN) and Slerf (SLERF) on their exchange. Effective immediately, users can deposit these tokens, with trading set to commence shortly after. SLERF will be available for trading on the SLERF/USDT pair at 11:00 AM UTC, while DEGEN will be available an hour later at 12:00 PM UTC with the DEGEN/USDT pair.
Market Response and Token Details
The announcement has already impacted the market positively, particularly for SLERF. According to CoinGecko, SLERF saw a surge of over 40%, trading at $0.3113, while DEGEN experienced a 13% increase, reaching $0.007588. SLERF, a community-driven meme coin featuring a sloth-themed mascot, emphasizes unity and persistence, which appears to resonate well with investors.
Risk Advisory and Future Outlook
OKX has also issued a risk warning, advising users that some data may be sourced from third parties and recommending thorough research before investing. Withdrawal services for DEGEN and SLERF will become available from 1:00 PM UTC on July 24, providing users ample time to finalize their trades securely.
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Conclusion
With the listing of DEGEN and SLERF, OKX continues to expand its diverse portfolio of tradable assets, drawing attention to emerging tokens in the crypto space. Investors should monitor these developments closely, considering both the opportunities and risks associated with these new listings.
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