Bithumb, one of South Korea’s leading cryptocurrency exchanges, is set to list TAIKO and BRETT in the Korean won markets on July 9 at 18:00 local time. TAIKO, a zkEVM Ethereum layer 2 network supported by Vitalik Buterin, and BRETT, a prominent meme coin on the Base chain, have both experienced significant price increases following the announcement.
The listing on Bithumb marks a crucial development for these cryptocurrencies, aiming to enhance their visibility, liquidity, and investor confidence. TAIKO will debut with a base price of 2,938 won, requiring 30 deposit confirmations for transactions, striking a balance between security and efficiency. Meanwhile, BRETT enters the market at 149 won per unit, with a higher requirement of 200 deposit confirmations, reflecting caution due to the token’s volatility.
The move to list on Bithumb is expected to amplify trading activity and exposure for both tokens in the dynamic South Korean market. This strategic step not only boosts liquidity but also validates these projects, particularly TAIKO with its association with Ethereum co-founder Vitalik Buterin. Such validation could pave the way for future listings on other major exchanges.
In current trading, BRETT is priced at $0.1239, boasting a 24-hour trading volume of $83.9 million and a 7.41% increase in price. Its market capitalization stands at $1.2 billion. Meanwhile, TAIKO is valued at $2.28, with a 24-hour trading volume of $57.1 million and a 10.92% price hike, with a market cap of $144.6 million.
The positive market response following the Bithumb listing announcement underscores potential growth opportunities for BRETT and TAIKO. As these tokens gain momentum, their inclusion on a reputable exchange like Bithumb is likely to instill confidence among investors and foster broader adoption in the cryptocurrency market.
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