In the latest BRETT price analysis, discover the leading Base meme coin, BRETT, as it rallies after integrating Seamless Protocol. Also find out why all eyes are on PLAY in the ongoing PlayDoge presale.
Meme coins are on fire. Take, for example, PEPE on Ethereum. Not only did it break to fresh all-time highs in May, but analysts expect the impressive uptrend to continue.
Though Shiba Inu is still the second most valuable, the sharp expansion in other meme coins’ valuation and the stagnation in SHIB may narrow the gap.
While everyone was bearish on the $BRETT bottom, I was buying publicly. https://t.co/OEiMeECVCO pic.twitter.com/MullBJY8XK
— Mister Crypto (@misterrcrypto) June 3, 2024
When PEPE spiked and DOGE stalled, investors were closely monitoring BRETT, the biggest meme coin on Base layer-2.
BRETT Price Analysis: Leading Base Meme Coin On A Tear – Up 380% In 2 Months
BRETT is not only on a tear, but after gains in the last week of May, the token broke above the $1 billion market cap line: A huge milestone.
At press time, the token changes hands at around $0.09, up over 380% from March 2024 lows.
(BRETT)
The token is rallying following its integration with the Seamless Protocol. The DeFi platform is native to Base and allows users to lend and borrow. Lenders receive a yield, while borrowers, as expected, pay a higher interest rate for their trustless loans.
When writing on June 3, the protocol’s TVL stands at over $78 million.
This integration could be the start, explaining why BRETT is firm while the broader crypto market is struggling for gains.
Bitcoin, Ethereum, and Solana are still capped below key resistance levels. Some analysts are even beginning to question the uptrend, with many arguing that the peaks are in.
Though there are caps to the upside, especially in BTC and SOL, the success of BRETT is why investors are also looking at PlayDoge, a newly launched play-to-earn (P2E) meme coin.
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Also Discover: Is PlayDoge Ready to 100X?
PlayDoge is inspired by Tamagotchi, weaving the playful elements of meme coins into the viral game.
PlayDoge players raise and care for virtual pets, earning PLAY through interaction and mini-games.
Being a P2E game, the more they play, the more they earn. PLAY, a BEP-20 token deployed on the BNB Chain, is central to the PlayDoge ecosystem.
Holders can cash out if they want or use it to purchase other in-game items. However, most are staking PLAY for a 235% APY as is at the moment.
Over 79 million PLAY have been staked.
The ultra-high APY explains why the demand for PLAY is massive. So far, the PlayDoge presale has raised over $1.3 million, with each token available for $0.00502.
Only 4.7 billion PLAY (50% of the total supply) has been allocated to this presale.
Considering the success of Tamagotchi and the wild success of meme coins like BRETT, YouTube influencers believe PLAY can surge 100X in the coming months, especially after listing.
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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.
