• BRETT jumped by more than 30% briefly after Binance Futures listing.
• FLOKI posted over 10% gains after an announcement that holders will receive CAT meme token airdrop.
• WIF and other top meme coins trade in the green as the meme market looks set to stage a recovery.

BRETT led the entire meme coin market on its path to recovery on Tuesday after the Binance exchange listed a perpetual futures contract for the Base Layer 2 meme token.

Meme coin market en route to recovery following recent gains

According to CoinGecko’s data, the meme coin market capitalization increased by over 4% in the past 24 hours after positive developments surrounding several top meme tokens sparked a green day for the sector:

BRETT rallied by 36% in the early hours of Tuesday after Binance announced it would launch a USD-Margined perpetual futures contract for the meme coin. Following the announcement, the social volume of BRETT spiked to its highest level since January. BRETT has seen a correction since the pump, settling around $0.088 with a 16% gain.

Crypto trader @MaxBecauseBTC believes BRETT can potentially hit >$10 billion in market cap if Ethereum sees a massive rally in the current cycle. This is likely due to BRETT's run to an all-time high of $0.193 in eary June after ETH rallied following news of the Securities & Exchange Commission's (SEC) U-turn to approve spot Ethereum ETFs.