Crypto investors are buzzing as Brett (BRETT), the Base chain’s top meme coin, makes a strong comeback.
And some investors are now speculating whether BRETT could hit the $1 mark by the end of 2024.
Meanwhile, another Base chain meme coin, Base Dawgz (DAWGZ), is causing a stir in its presale after one influential analyst praised its potential.
Brett’s Bullish Run – Is This the Start of a Rally?
Let’s take a closer look at BRETT’s price situation.
Currently trading at $0.131, BRETT has been on a tear, rebounding 14% from yesterday’s dip.
Traders are also buzzing about BRETT clearing the 50-period exponential moving average (EMA) on the 4-hour chart.
And the token is also in the process of breaking its 50-day EMA – a bullish sign.
But it’s not just the technicals that are turning heads.
BRETT’s seeing serious trading action, with spot volumes surging 15% to $37 million in the past day.
That’s enough to make BRETT the 7th largest meme coin in the world.
If that wasn’t enough, open interest is up 10%, hitting $35 million.
That’s a lot of traders speculating that BRETT’s price will continue to rise in the near-term.
These numbers paint the picture of a meme coin that could be on the verge of an extended rally.
It’s no surprise that BRETT has made it onto CoinMarketCap’s top gainers list for the past day.
Can BRETT Hit $1 Before the End of the Year?
So, can BRETT actually hit the dollar mark before the end of the year?
Let’s crunch some numbers.
To reach $1, BRETT’s price would need to rise by a whopping 663% from its current level.
That’s a tall order – but we’ve seen crazier things happen in the meme coin space.
And if the token did hit $1, BRETT’s market cap would balloon to around $9.9 billion.
That would make it one of the top 15 cryptocurrencies in the world, highlighting the sheer scale of the challenge ahead.
What could prompt such an explosive rise?
A few things come to mind.
Perhaps we’ll see an explosion of interest in Base chain meme coins, with BRETT leading the way.
Or maybe a celebrity will tweet about their BRETT investment, sending the coin soaring.
There’s always the possibility of a surprise use case emerging, giving BRETT some real utility.
All of these are possibilities, but ultimately, the future is uncertain – so it’ll be interesting to see if the token can really push to $1 in the next five months.
Crypto Analyst’s Endorsement Sends New Meme Coin Base Dawgz Soaring
While BRETT’s been grabbing headlines, there’s another dog-themed coin worth watching.
Enter Base Dawgz – a new Base chain token that’s been drawing attention in its presale.
Like BRETT, DAWGZ is attracting investors looking for exposure to the growing Base ecosystem.
But that’s not all that’s got investors excited.
Most of the excitement surrounds Base Dawgz’s multi-chain compatibility, which means it can work on Ethereum, Solana, Avalanche, and even BNB Chain.
That gives DAWGZ holders free rein to operate where they want.
Base Dawgz also offers some high staking rewards, with 20% of the total supply allocated for hourly distributions over a year.
That’s 1.69 billion DAWGZ tokens up for grabs.
Let’s not forget the community angle.
With a Share-to-Earn system that rewards meme-makers and content creators, DAWGZ is building a loyal and engaged community.
No wonder crypto analyst ClayBro is so bullish about DAWGZ.
In a recent video, ClayBro compared DAWGZ to Shiba Inu (SHIB) and suggested its price could 10x after listing on exchanges.
ClayBro’s endorsement has only added fuel to the fire.
Overall, Base Dawgz is clearly a hot topic right now.
If the development team can deliver on their promises, Base Dawgz could really make a big impact in the Base ecosystem.
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