Bithumb To List Vitalik Buterin-Backed ETH Layer 2 Project & Top Meme Coin 🚨
to list BRETT and TAIKO in Korean won markets on July 9 at 18:00 local time. TAIKO is a zkEVM Ethereum layer 2 network that has received support from Vitalik Buterin. BRETT is a prominent meme coin built on the Base chain. Both cryptocurrencies have seen significant price increases following the listing announcement, reflecting investor enthusiasm.
Listing Details and Market Impact
Bithumb has officially scheduled the launch of BRETT and TAIKO trading in the Korean won market for July 9 at 18:00 local time. This announcement has generated substantial excitement and trading activity among investors, driving significant price surges for both BRETT and TAIKO.
TAIKO, a zkEVM Ethereum layer 2 network backed by Vitalik Buterin, will be listed with a base price of 2,938 won. The exchange has set the number of required deposit confirmations at 30 for TAIKO transactions. This relatively low number of confirmations suggests a balance between security and transaction speed.
BRETT, a popular meme coin deployed on the Base chain, will enter the market with a base price of 149 won. Bithumb has set a higher bar for BRETT transactions, requiring 200 deposit confirmations. This increased number of confirmations might indicate a more cautious approach to the meme coin, possibly due to the volatile nature of such tokens.
The listing on Bithumb, one of the largest cryptocurrency exchanges in the highly active South Korean market, represents a significant milestone for both BRETT and TAIKO. This move is expected to substantially boost their visibility and trading volume. The increased exposure on a major platform like Bithumb not only enhances the liquidity of these tokens but also attracts a new pool of investors, potentially contributing to their upward price momentum.
The substantial price movements following the Bithumb listing announcement indicate positive market reception and suggest potential for further growth.
