SLERF Meme Coin Surges Over 40% Following OKX Listing Announcement

  • 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.

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.

BREAKING NEWS

CME SAID TO PLAN SPORTS CONTRACTS, WOULD COMPETE WITH KALSHI – BBG

CME SAID TO PLAN SPORTS CONTRACTS, WOULD COMPETE WITH...

Bitcoin Fear & Greed Index Plunges to 24 — Bitwise Urges “Buy the Dip” as Sentiment Hits Yearly Low

Weak Bitcoin performance has dampened investor enthusiasm, with Google...

Bitcoin October Performance: -4.74% Year-to-Date vs +21.89% Historical Average — Coinglass

Bitcoin is showing a negative mid‑month performance in October:...

Peter Schiff Warns: Gold “Eating Into Bitcoin” — Bitcoin Down 32% vs Gold, Urges Holders to Sell

COINOTAG reported that economist and cryptocurrency critic Peter Schiff...

Arkham: CI Global’s ETHX ETF Holds $6.206B in ETH — $1.3B Staked, $4.9085B Unstaked

According to Arkham analytics, CI Global Asset Management holds...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img