PEPE and BRETT Prices Skyrocket After Upbit Listing Announcement

South Korea's leading cryptocurrency exchange, Upbit has made waves in the crypto market by announcing the listing of two memecoins: Brett (BRETT) and Pepe (PEPE). 

This announcement has sparked a significant price surge for both tokens as traders and investors flock to capitalize on the new listings. 

Spikes in Brett (BRETT) and Pepe (PEPE) Price

The decision by Upbit to list Brett (BRETT) and Pepe (PEPE) on its USDT market has led to dramatic price increases for both tokens.

Brett (BRETT) Price

Following the listing news, Brett price soared by 18.4%, reaching $0.0906. This surge is particularly noteworthy, as the token had been in a downward trend, declining by 37.4% over the past month. The immediate price spike signals strong market enthusiasm for Brett's future potential.

Pepe (PEPE) Price

Similarly, Pepe price has seen a 9.31% price increase, climbing to $0.058011. This rise comes amid a period of high volatility for the token, highlighting the impact of Upbit's listing on its market performance.

Brett and Pepe: Memecoins with Strong Community Backing

Brett, launched on the Base chain in February 2024, draws inspiration from the character Brett in Matt Furie’s comic book “Boy’s Club.” It aims to become a cultural icon within the crypto community. Pepe, which debuted on Ethereum in April 2023, leverages the widespread popularity of the Pepe the Frog meme.

Although these tokens lack inherent utility, their strong community support and the recent Upbit listing are key factors driving their price surges. Brett operates on the Base chain, while Pepe is based on Ethereum. 

Memecoins: A Growing Force in the Crypto Market

As meme coins continue to capture the market’s attention, Upbit’s listing of Brett and Pepe highlights the dynamic and unpredictable nature of the cryptocurrency market. This development further solidifies the growing impact of meme-driven tokens on the broader crypto ecosystem.