Popular memecoin $BRETT has announced its listing on South Korea-based Bithumb, one of Asia's largest cryptocurrency trading platforms. This milestone follows the token's earlier listing on the Seamless Protocol, a prominent DeFi lending and borrowing platform on Coinbase's Ethereum Layer 2 blockchain. Prior to its Bithumb listing, investors in Asia could only access $BRETT on Base and Coinone as a supply-only digital asset.
Since its inception in 2024, $BRETT has rapidly gained traction in the memecoin and cryptocurrency market, surpassing a $1 billion market cap in just a few months. This is particularly notable when compared to other prominent memecoins like Dogecoin ($DOGE) and $PEPE, which took significantly longer to achieve the same milestone. The swift rise of $BRETT highlights the growing excitement and investment in the memecoin market.
The listing on Bithumb is expected to further drive this momentum. Historical data shows that other memecoins listed on Bithumb have seen immediate gains of nearly 20 percent. The increased accessibility of $BRETT to Asian investors, a region known for its robust crypto trading activity, is likely to significantly enhance its market value.
"$BRETT has rocketed to $1B while being publicly available to only a small slice of the world's investors," said $BRETT trader Crash. "Any expansion into Asia, which is ground zero for crypto trading and the global memecoin craze specifically, immediately increases $BRETT's potential market value several times over."
$BRETT is one of the original characters from the Boy's Club series by Matt Furie, who also created the popular Pepe meme and the $PEPE memecoin. The token has a fixed total supply of 1 billion, with a 6% transaction tax that is distributed to liquidity pools and burned tokens. This mechanism aims to reduce the overall supply and potentially increase the token's value over time.
