The Brett meme coin has exploded after yesterday’s panic selling, trading as high as $0.17 today on Tuesday.
The top Base meme coin is up nearly 30% in the past 24 hours and has more than doubled over the past month.
Despite the strong bearish pressure in the crypto market over the past few weeks, Brett is now incredibly just 13% away from hitting a new all-time high. In fact, several Brett price predictions have the meme coin reaching new highs this week.
Other Base meme coins are mirroring Brett’s bullish strength, with tokens such as Basenji and Degen up double digits today. Even new presale meme coins such as Base Dawgz are surging in demand, with DAWGZ hitting the $2 million milestone in its ICO today.
Brett Price Prediction – How High Can It Go?
Base meme coins are in high demand and are fiercely competing with their Solana counterparts for market share. Not only does Base offer the same advantages as Solana – high scalability, low trading fees – but its token could see much higher adoption, considering it is the Layer-2 venture of Coinbase.
Furthermore, Base meme coins have a high correlation with the Ethereum price. With the spot Ethereum ETFs poised to launch on July 2nd, ETH could outperform SOL for the rest of the year, giving a major boost to meme coins like Pepe and Brett.
For instance, the ETH/BTC trading pair appears poised to break out from its descending triangle in the weekly time frame. Between BTC struggling from the Mt. Gox FUD and the spot ETH ETFs launching soon, Ethereum appears poised to make major moves against Bitcoin, potentially kickstarting the altcoin rally.
This provides the ideal backdrop for Brett to reach new all-time highs, considering that it is also breaking out from in the lower time frames. Popular trader Andrew Crypto (@MrTastycalls) expects the top Base meme coin to trade as high as $0.20 within this week.
However, Brett – like most other meme coins – would need considerable strength from BTC.
For instance, the head of research at Uphold believes that the Bitcoin price could easily revisit $48k, which would be a catastrophic scenario for the meme coins.
On the contrary, the bulls need BTC to reclaim the $62,000 price level to avoid any further tests of the range lows.
For now, most Brett price predictions have the meme coin reaching new highs and entering price discovery in the coming days. Experts would be on the lookout for other Base meme coins that could potentially explode.
Base Dawgz Raises $2 Million In Presale – Next Meme Coin To Explode?
The new Base meme coin – Base Dawgz (DAWGZ) – is in high demand during its ongoing presale.
DAWGZ has already raised over $2 million in its ICO in just a few short weeks, thanks to its strong fundamentals and the significant demand for Base meme tokens.
Indeed, only 3 tokens on Base have a valuation of over $100 million while the top dog-themed coin – Basenji – has a market capitalization of just $63 million. There is a considerable possibility that Base Dawgz will become the biggest dog meme coin on Base.
DAWGZ has also adopted multi-chain status, significantly increasing its visibility amongst prospective investors. For instance, presale buyers can swap any of ETH, BNB, SOL, AVAX or USDT to purchase the meme coin.
Additionally, its share-to-earn utility has garnered significant attention. Participants can simply share project-related content on social media – including memes and the latest updates – and earn airdrop points, which could later be converted to free DAWGZ coins.
Similarly, investors can create their own referral link from the Base Dawgz website and earn a percentage of every investment made through the link.
As a result of its unique value proposition, DAWGZ is in high demand from smart money traders as well. For instance, the popular YouTube channel 99Bitcoins – which has over 700k subscribers – recently praised the meme coin’s upside potential, signalling the possibility of 100x gains.
