Binance is adding a new meme coin to its futures platform: BRETT. Listed for spot trading on the UPbit exchange, BRETT will now be available for trading on Binance futures. The price of BRETT has made a notable rise, rising above $0.1.
In recent hours, the UPbit exchange took an important step with the listing announcement of PEPE and BRETT. This development led to a significant increase in the prices of PEPE and BRETT. BRETT, which emerged on the Base network and is currently ranked 7th in the meme coin lists, is increasing its awareness with listings. A new news from Binance has increased the excitement for BRETT even more.
Binance continues to list meme coins on its futures platform, and the inclusion of BRETT on this list has created great excitement among investors. According to the statement made by Binance, BRETT, the largest meme coin on the Base network, will start trading with 50x leverage within the scope of futures. The statement is as follows:
“Dear Binance Users,
“To expand trading options and improve users’ experience, Binance Futures will launch the BRETTUSDT Perpetual Contract with up to 50x leverage on 2024-08-20 10:35 UTC.”
It was reported that BRETT futures will be supported by 50x leverage and will start trading at 13:35 on August 20. Following this announcement, a notable movement was seen in the price of BRETT.
What is the Price of BRETT?
BRETT, which gained value after being listed on UPbit, exhibited an upward movement with Binance’s futures announcement. At the time of writing, BRETT’s price increased by 30.38%, reaching $0.1. With the increase, the market volume approached $1 billion, remaining at $989 million, while the 24-hour trading volume increased by 126% after the announcement, reaching $53 million.
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I EXPLAIN IN DETAILED.
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