Bithumb, South Korea’s second-largest crypto exchange, plans 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 supported by Vitalik Buterin, while BRETT is a meme coin on the Base chain.
The listing has caused significant price increases for both cryptocurrencies, reflecting investor enthusiasm. TAIKO will start at 2,938 won with 30 deposit confirmations, balancing security and speed. BRETT will begin at 149 won and require 200 confirmations, likely due to its volatile nature.
This listing on a major platform like Bithumb enhances liquidity and visibility for both tokens, attracting new investors and potentially boosting their prices further. Currently, BRETT trades at $0.1239 with a market cap of $1.2 billion, while TAIKO is at $2.28 with a market cap of $144.6 million.
The strategic importance lies in the increased investor confidence and potential for future listings on other major exchanges, especially for TAIKO given its association with Vitalik Buterin.