BRETT price looks ready for a PEPE-style run, and now, 99Bitcoins analysts believe it could become the first multi-billion dollar BASE meme coin. Here’s why:
Brett is a character created by Matt Furie, who is the same creator that spawned Pepe the Frog.
We all know the history of Pepe, who was turned into the now-famous meme coin on the Ethereum network and printed hundreds of overnight millionaires in the process.
Now investors are turning their attention to Brett, the second most famous character from Matt Furie’s ‘The Boys Club’ book.
The token for Brett (BRETT) was launched on the super-hot Base network at the end of February and instantly gained momentum and, within 1 month, had seen returns of over 500x for early investors.
I've been watching $Brett (@BasedBrett) very closely & at this point it's miles ahead of its competition on Base; Currently the #1 meme coin by a mile.
The chart on the left is Brett/USD. As I always say, you can learn just as much from a rejection as you can from a breakout. In… pic.twitter.com/q1C3bQuJYN
— Max (@MaxBecauseBTC) April 23, 2024
Since then, Brett has become the face of meme coins on Base, amassing over 140k holders in the process.
They’ve built an extremely passionate and loyal community that pumps out some of the best memes and content on social media, which helps keep them at the top of the meme coin food chain within Base.
Deep Dive: Is Brett Capable of a 100x From Here?
With a market cap of $525m and processing over $2m in volume daily, it’s easy to think that Brett is ‘cooked’ and doesn’t offer great returns at this point.
This couldn’t be further from the truth, and you only have to look at Doge and Shiba to see the possibilities of being a Brett investor.
The current market caps for these market leader meme coins are $23Bn and $16Bn respectively.
Also, take into account that both have been through a full bull market cycle before, and at their peaks, Doge had a market cap of $66Bn and Shiba, $36Bn.
This information puts into perspective how insane prices can get during the peak of a bull market. Keep in mind that we’re likely still 9-12 months from that point in this current bull market.
Crypto Community Sentiment Shifts Bullish on Base Meme Coins
The base chain looks to be one of, if not, the hottest chain in this bull market – rivaled perhaps only by Solana.
It is currently processing the 5th highest volume of any chain, while also being the newest network in the top 10. Another interesting aspect when comparing the Base network to other chains in the top 10 is that Base is the only blockchain that doesn’t have a native token attached to it.
There are always rumors floating around of a Base token coming – if this becomes a reality, the Base ecosystem and Brett, along with it will explode even higher.
The meteoric rise of Base is no coincidence and is largely due to it being built by Coinbase.
Coinbase is one of the top CEXs worldwide, alongside Binance, and they are putting their full weight behind this Layer-2.
Smart Wallet is coming. Get excited.
Developers: Join our early adopter list.
→ https://t.co/7kXZn9Juny https://t.co/a6p4hzEEir— Coinbase Wallet 🛡️ (@CoinbaseWallet) April 22, 2024
With massive user onboarding opportunities; Coinbase is launching a ‘smart wallet’ very soon that will enable the 100m+ users of Coinbase to trade on the Base ecosystem from the Coinbase CEX user interface.
This will be game-changing. Many investors have never gone ‘on-chain’ because it is less forgiving to the technologically challenged, making it easy to make a mistake, get scammed, or drain your wallet.
The Coinbase smart wallet will remove these risks, allowing users to buy and sell tokens and NFTs on base with the click of a button.
Clear winner this cycle is $BRETT on base + Coinbase
All catalysts are there.
– We got coinbase smart wallet giving great crypto user experience, supporting direct swaps on base and other chain like $SOL too
– We got btc dominance falling, altcoins gonna rally up parabolic
-… https://t.co/7F5Bwnf4B9 pic.twitter.com/cxaQ6OPesh— Cason 卡神 (@Casonfoy) April 22, 2024
With all of the bullish catalysts for Brett considered, it would not be surprising to see BRETT price pull 50-100x from here at the peak of this bull market.
A Coinbase listing in the future seems inevitable as Coinbase will be looking to showcase the best projects and communities built on Base.
So far, Brett has become a $500m+ market cap meme coin by building a loyal, cult-like community without any Tier-1 CEX exposure.
One can only imagine what a combination of Tier-1 exchange listings at the peak of the bull run will do to Brett’s price.
Could Presales Offer Better BASE Meme Coin Play?
But while BASE offers a market leader opportunity, the biggest gains can be accrued through presale opportunities, which position investors as early birds able to capture the lion’s share of project growth—just imagine investing in BRETT before it hit the market.
One such opportunity in the BASE ecosystem is the DOGEVERSE presale – which has unlocked viral success over the last two weeks to hit $10M raised in the ongoing presale.
Aiming to be the first multi-chain incarnation of DOGE, DOGEVERSE is positioned to rapidly grow as one of the biggest meme coins on BASE – so don’t miss out.
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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.
