Brett Goes Live On Binance Futures

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Top BASE meme coin Brett has secured a listing on Binance Futures, a development that could prove to be a game-changer for the top Base meme coin. 

The BRETTUSDT Perpetual Contract went live today on Tuesday, allowing Binance Futures users to trade the meme coin with up to 50x leverage. Meanwhile, South Korean crypto exchange Upbit has also listed Brett and Pepe. 

Meme tokens will continue to attract the attention of top-tier exchanges as the crypto market stands on the cusp of a major bull run. 

For instance, a new GameFi-based meme coin PlayDoge (PLAY) also appears poised to land Tier-1 exchange listings after the end of its highly successful ICO on August 26th. Rumours are circulating that a Binance listing could also be in play, owing to its strong early demand and striking similarities to Floki. 

Brett Coin Price Skyrockets on Binance Futures Listing

The BRETT price has rallied by nearly 40% from its weekly lows of $0.74, trading as high as $0.102 today before a marginal pullback. The top Base meme coin is trading at $0.092 at press time. 

Unsurprisingly, BRETT is seeing a substantial uptick in its 24-hour trading volume, data from CoinMarketCap reveals. Its daily volume currently stands at $90 million, a nearly 300% spike over the past day. 

Brett token has already impressed investors with its resilience, with popular analyst Trader Kooistra (@Larskooistra_) calling its price chart “one of the healthiest in the entire space”. Crucially, he reveals that BRETT is a leveraged bet on Bitcoin and shows a strong correlation with it. 

However, the bulls aren’t in the clear just yet. For instance, BRETT is still underperforming several key moving average indicators in the daily and weekly time frames.

For instance, it would need to flip the 10-week Exponential Moving Average to secure a bullish continuation, which is currently hovering at $0.098. Similarly, the 100-day Exponential Moving Average remains a key resistance for BRETT, which currently stands at $0.097. 

However, the top Base meme coin should receive a substantial boost from its correlation with Bitcoin.

Indeed, BTC has rallied by nearly 5% today and appears poised to push towards new all-time highs. As such, the Federal Reserve is set to start its quantitative easing in September, which is expected to flush the crypto market with fresh capital. 

Bitcoin and meme coins such as Brett and Pepe could hit new all-time highs in such a scenario. Meanwhile, pro-crypto candidate Donald Trump’s resurgence in the polls is also bullish for the market. 

Consequently, now could be a good time to invest in Brett token, considering that it is trading over 50% below its all-time high. With the latest Binance and Upbit listings, new highs could be very close for the Base meme coin leader. 

Could PlayDoge Secure A Binance Listing Next?

Binance remains highly selective with its meme coin listings. However, PlayDoge (PLAY) may have what it takes to attract the attention of the highly coveted exchange, or at least similar platforms like Bybit.

New meme coin $PLAY has seen strong community backing since the very start of its presale, having already raised over $6 million in its ICO. 

With the presale now scheduled to end on August 26th, the hype surrounding the project is reaching a fever pitch. 

Most importantly, PlayDoge has some striking similarities with Floki, which incidentally is one of the meme coins live on Binance. 

For instance, both are multi-chain meme coins, live on Ethereum and BNB Smart Chain. In fact, PlayDoge also has a multi-chain staking program, offering attractive passive income to buyers on both chains. 

Finally, PlayDoge is also launching a play-to-earn project, a modernized version of Tamagotchi. However unlike Floki’s Valhalla, PlayDoge’s gameplay is substantially more beginner-friendly, similar to Notcoin and Hamster Kombat. 

Therefore, PLAY appears to be an excellent candidate for Tier-1 listings, with Binance also rumoured to be in play. 

However, smart money investors are bullish on it even without it, with some suggesting that 100x returns could be possible for early buyers. 

*Cryptonomist did not write the article or test the platform.