Even as the broader crypto market remains in the grips of bearish forces, new meme coins continue to turn small-scale investors into millionaires.
Brett, one of the main characters of the popular 2005 animated series “boy’s club”, is now going viral in the meme coin market.
The Brett token initially went live in September of last year. However, it started to gain momentum in early April. The meme coin has skyrocketed over 200% over the past 24 hours and could be heading to a new all-time high.
Meanwhile, a new Solana meme coin Slothana is gearing up for its IEO after a successful presale that raised over $15 million. Experts are backing Sloth to potentially deliver over 100x gains.
Brett Token Skyrockets
Brett draws inspiration from Matt Furie’s Boy’s Club animated series that gained fame in 2005 and beyond.
Notably, even Pepe The Frog has its origins in the same webcomics. Pepe has gone on to become one of the most popular cryptocurrencies, currently the 3rd largest meme coin on the market.
Now it appears to be Brett’s turn. The token started its explosive rally on 5th April when it was trading at just $0.00043. By April 9th, Brett reached an all-time high of $0.21, a staggering growth of 52,400% in just over 3 days.
As is common in the meme coin market, the token experienced a sharp pullback as investors engaged in heavy profit-taking.
However, now it seems that Brett is on the ascent again. The token was trading at just $0.02 on April 24th. In a span of just 3 days, it reached a price of $0.12 today on April 27th, a strong 6x rally.
The Brett price chart showcases a strong bullish trajectory, which is also signalled by its $8 million daily trading volume.
Interestingly, the token currently has a market capitalization of just $8 million. In the upcoming bull market, Brett could end up reaching much higher, especially considering how high Pepe is trading.
All in all, Brett’s rally today highlights that new meme coins remain uncorrelated with the broader crypto market outlook. As large-cap crypto prices turn more bearish, investors could continue to search for more low-cap meme tokens for higher volatility and stronger returns.
Could Slothana Be The Next 100x Meme Coin?
Sloth-inspired meme coins are becoming the new meta, especially after Slerf’s meteoric 5000% rally.
In the same vein, the new Solana meme coin Slothana is witnessing a strong demand in its presale, having already raised over $15 million in less than a month.
Popular crypto YouTube channels such as 99Bitcoins – which has over 700k subscribers – believe that Slothana could be the next Slerf and potentially offer up to 100x returns.
Indeed, Sloth’s mascot has captured the imagination of the meme coin community. The hilarious representation of an office-going Sloth that is tired of the 9 to 5 life is going viral and is something most crypto traders could relate to.
Furthermore, Slothana has adopted Slerf’s fundraising model which allows investors to partake in the presale by simply sending Solana tokens. For every SOL token sent, investors will receive 10,000 $SLOTH as an airdrop after the presale.
The simplicity of this ICO model is said to be one of the factors behind Slothana’s early demand.
The hype and FOMO surrounding the new meme coin is only skyrocketing, now that the presale is less than 2 days away from being over. The Slothana presale is set to end on 29th of April at 8 AM UTC.
