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Meme Coin BRETT Rockets 50%, Binance & Upbit Boost Spark Surge

BRETT saw a significant 50% increase, post-Binance and Upbit listings. Discover the implications of these exchanges on BRETT’s market trajectory

2 min 30 sec August 23, 2024

Highlights:

BRETT surged 50% after Binance and Upbit listings

Binance offers BRETT perpetual contracts with up to 50X leverage.

BRETT forms a wedge pattern, indicating potential future breakout.

Meme Coin BRETT Rockets 50%, Binance & Upbit Boost Spark Surge

BRETT, the meme coin that’s been gaining traction, recently surged 50% following major listings on Binance and Upbit. This sharp increase highlights the growing interest and potential of BRETT in the crypto space.

 

Impact of Binance and Upbit Listings

 

Binance, the world’s largest cryptocurrency exchange by trading volume, has launched BRETT perpetual contracts on its Futures platform. These contracts offer up to 50X leverage, allowing traders to amplify their positions in BRETT. 

 

This move is expected to enhance liquidity and could lead to more significant price fluctuations. In parallel, Upbit, South Korea’s leading crypto exchange, has listed BRETT for trading against USDT on both the Base and Ethereum chains. 

 

This expansion into the South Korean market provides BRETT with additional exposure in a highly active trading environment. The effect of these listings was immediate. BRETT’s price jumped from $0.077 to a peak of $0.1167, reflecting a 50% gain in just 24 hours. 

 

 

What’s Next for BRETT

 

Brett's market cap briefly exceeded $1 billion, establishing BRETT as a significant player among meme coins. However, the excitement saw a brief pullback, with the price settling around $0.093.

 

Even with the recent price correction, BRETT’s future looks bright. The coin is currently forming a wedge pattern, which often signals an upcoming breakout. 

 

The increased liquidity from these exchange listings could support a bullish trend, potentially pushing BRETT’s price higher once again.

As BRETT continues to gain attention, it could join the ranks of established meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE).

 

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