Brett (BRETT) Coin Prediction: Just Soared, Can It Rise 100 Times?

2024-06-09
Brett (BRETT) Coin Prediction Just Soared, Can It Rise 100 Times.png

Bittime - The price of BRETT is surging rapidly this week, bringing its market capitalization to beyond $1.69 billion (around IDR 27.51 trillion). So, what are the predictions for Brett coin (BRETT) in the future? Can this meme coin rise 100x? Keep following this article to find out!

Brett Price Increase (BRETT)

The increase in BRETT prices occurred in line with increasing interest in risk assets in the crypto market as a whole. BRETT, which comes from the same comic as Pepe Coin (PEPE), is currently trading at around $0.17 (around IDR 2,700) per coin (data according to DEXTools).

The surge in BRETT prices occurred recently after United States economic data was released, fueling speculation that the Federal Reserve would lower interest rates.

In addition, high demand for Bitcoin-based ETFs and expectations of BRETT becoming the first meme coin on the Base blockchain with a market capitalization above $1 billion also pushed its price up.

Brett Coin (BRETT) Prediction: Will It Rise 100 Times?

Currently, BRETT has 77,000 followers on the X platform. This number is almost 10 times less than Pepe Coin. However, BRETT's market capitalization has now exceeded 20% of Pepe Coin's market capitalization.

This comparison raises the question of whether BRETT has become a little too expensive compared to the size of the community. In fact, the price of BRETT has soared more than 1,000 times since its launch at around $0.00012 (approximately IDR 0.19 per coin).

However, the current high market capitalization limits the room for further price increases. Indeed, if the BRETT community continues to grow rapidly, reaching half a million or even one million users in the next few years, its market capitalization could reach $10 billion (around IDR 160 trillion) or more.

So, yes, the price of BRETT still has the potential to increase 10x. However, can it reach 100x to above $100 billion (around Rp. 1,600 trillion)? That's doubtful.

For investors aiming for 100x returns, it might be better to look for new, less well-known meme coins.

Hunters of 100x profits must be astute in seeing the potential of meme coins early on before the price soars. Well, a new meme coin on the Base blockchain called Base Dawgz (DAWGZ) caught the attention of analysts from Cryptonews, who have now included it in their list of the 15 best meme coins to buy in June.

Investors should always remember that all meme coins carry high risks. It's important to do your own research and understand what meme coins are and how they work before investing.

Alternative to Brett: Base Dawgz (DAWGZ)

Along with the explosion of the Brett meme coin on the Base blockchain, a new Shiba Inu-themed meme coin called Base Dawgz (DAWGZ) is also enlivening the competition.

Base Dawgz (DAWGZ) is a meme coin with a picture of a Shiba Inu dog that is active on five blockchains at once, namely Base, Ethereum, BNB Chain, Avalanche, and Solana.

DAWGZ's recently launched presale managed to raise more than $260,000 (around IDR 4.16 billion) as investor interest increased. The X Base Dawgz account now has more than 500 followers, while their Telegram group has reached 128 members.

Investors are advised not to wait too long. Currently, DAWGZ is selling for $0.00479 (approximately IDR 0.76 per coin). However, the price will increase in the next 5 days.

DAWGZ not only excels in its ability to switch between blockchains. The coin also has the potential to be an interesting source of passive income - a staking and airdrop program will be announced soon.

While profits cannot be guaranteed, DAWGZ is definitely among the best meme coins on the Base blockchain that are worth considering.

How To Buy Crypto With Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

Learn How to Buy Crypto on Bittime.

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

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