All eyes are on the Base joke coins this week as meme tokens Brett (BRETT) and Base Dawgz (DAWGZ) dominate the scene.
BRETT rocketed nearly +20% in a day, peaking at $0.162 before settling at $0.155. While DAWGZ pulled in over $2 million since its ICO earlier this month.
Spot volumes are up +53% since yesterday, showing traders are circling BRETT.
The $BRETT chart is INCREDIBLE.
WOWWWWWWWWW.
This is going to MULTIPLE BILLIONS 💎🔥 pic.twitter.com/yOKsR7C1Cg
— Kazi (@TheCryptoKazi) June 26, 2024
Can Brett Meme Coin Do Another 10x From Here?
BRETT may have seen an uptick, but it’s still bouncing around the 50-period EMA on the 4-hour chart. Even so, it’s overtaken Book of Meme (BOME) in market cap, marking its ascent.
The whole Base meme coin scene is heating up, with the total market value up 10% to over $2 billion and trading volumes at $140 million in the last 24 hours.
(Dune)
Base’s layer-2 system cuts transaction fees way below those on Ethereum, attracting developers and traders – with incredibly easy new user onboarding afforded by Coinbase’s smart wallet.
The platform’s daily active user count has soared past 500,000, spreading meme coin fever.
With TVL rocketing to $1.5 billion, Base stands out as the meme coin hotspot in 2024.
Given this info, Brett can easily 5x in price this year if we hit another bull market stride. It’s already a top 5 memecoin so a 10x seems unmanageable.
Could Base Dawgz be the Next Big Base Meme Coin?
Chasing BRETT, Base Dawgz has captured investor interest, pulling in over $2 million from its ICO and buzzing on social media.
With 4,000 Twitter followers, DAWGZ has multi-chain abilities to let users buy on Base, switch to Ethereum for DeFi, and also even trade on Solana if they want.
The Share-to-Earn protocol rewards users for creating and sharing content, fostering a self-sustaining hype cycle.
With Base booming, meme coins like DAWGZ are set to ride the wave, energizing this new ecosystem.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
