BRETT crypto is down 8% on the day due to fear in the markets following another night of missile exchanges between Israel and Iran, coupled with the growing anticipation that the US is about to join the fight.
President Trump’s late-night social media posts declaring that “Iran should have signed the deal … what a waste of human life” before finishing with “Everyone should immediately evacuate Tehran” have once again spooked the markets.
BlackRock is now sitting on 1.5M $ETH
This is separate from their $3B tokenized BUIDL fund, of which $2.71B is also on Ethereum$ETH is the most undervalued investment asset on planet Earth pic.twitter.com/xUaMJjkUMo
— EthereanVibin | 0xVibin.eth (@EthereanVibin) June 7, 2025
BRETT Crypto Still Forming Bullish Pattern Even With WW3 Looming
The ongoing tensions in the Middle East have been further escalated following President Trump’s social media posts from late last night. Trump’s full quotes from his Truth Social platform yesterday (June 16), read as follows;
Iran should have signed the “deal” I told them to sign. What a shame, and waste of human life. Simply stated, IRAN CAN NOT HAVE A NUCLEAR WEAPON. I said it over and over again! Everyone should immediately evacuate Tehran!
Even with WW3 being more of a reality than ever, coupled with today’s and tomorrow’s Federal Reserve FOMC meetings, the crypto market is holding relatively strong. Bitcoin (BTC) has posted gains overnight in the past 24 hours, a modest 0.5% gain.
The majority of other major-cap digital assets ranged anywhere from -2% to +2% in the same time frame. The meme coin category, per CoinGecko, is down 1.3%, resulting in the sector’s combined market cap dropping to $60.1 billion.
However, BRETT crypto’s 8% drop in the past 24 hours does not paint the full picture, as a clear descending channel is forming on the 1-day chart. The last time such a pattern formed for the leading Base chain meme coin, it exploded over 200% between November and December 2024.
Historically, BRETT has been a great beta play for ETH. With Ethereum hovering around $2580 and reclaiming the 50 MA, it looks to be following the 2017 playbook. It has a similar breakout zone, the same 50 MA reclaim, and lots of sideways chop.
The difference this time around is the amount of institutional interest in ETH, highlighted by the world’s largest asset manager, BlackRock, which stacks just shy of 1.5 million ETH, amounting to roughly $3.6 billion. This is separate from their $3B tokenized BUIDL fund, of which $2.71B is also in Ethereum.
DISCOVER: 20+ Next Crypto to Explode in 2025
With ETH gearing up for a historic breakout, BRETT crypto is set to follow. Just for the Matt Furie meme coin to reach its previous all-time high from December 2024, a near 500% move is on the cards. BRETT is currently trading at $0.044, and the first short-term target once ETH breaks out is $0.1.
BRETT attempted to breach $0.1 in May 2025 but was harshly rejected. The strength of ETH this time around should be enough to see the Base meme coin blast through this level and beyond.
(SOURCE)
BONUS: Solaxy (SOLX) Hits $54m In Presale Funding Just 6 Days Out From Launch
Solaxy (SOLX) is the first Layer-2 protocol on Solana and is kick-starting the return to the ICO model from 2017. With six days left to go, SOLX has secured its spot as the top presale of 2025 after raising an incredible $54 million to date.
It looks increasingly likely that Solaxy will hit $60m in funding before the timer hits 0 in six days, after posting four consecutive seven-figure daily inflows.
SOLX will be the backbone of Solaxy’s end-to-end L2 ecosystem on Solana, a blockchain that doesn’t currently have an L2 under its umbrella. When considering that Ethereum has dozens of L2 protocols, with a combined valuation of over $12 billion, it seems wild that in 2025, Solana is just now getting its first.
Not content with being an L2, the Solaxy team has already announced plans to launch ‘Igniter’, its own token launchpad similar to Pump.fun and a built-in DEX where tokens graduating from Igniter will go live for trading.
With Solaxy building the full suite of tools, the team is competing with Pump.fun after it was announced that they will launch their own token, with a $4 billion valuation.
The news that the Pump.the fun token will launch at $4 billion in market cap, which has caused a lot of backlash, with many believing there is no value in a token that launches at such a high valuation.
On the other hand, SOLX will launch with a modest market cap valuation compared to the rumored Pump.fun token launching at a $4bn valuation, giving investors an incredible risk-to-reward ratio as the product grows and hits the mainstream.
Utilizing roll-up technology, Solaxy is bringing an L2 to Solana and will support the mainnet by batching together transactions and processing them off-chain before sending them back to the mainnet for settlement.
There are just six days left until the SOLX presale ends, with $60m firmly on the cards, and rumors heating up of a tier-1 CEX listing alongside the DEX listings during the TGE. SOLX, like BRETT crypto, looks to be one of the best plays in 2025.
Stay up-to-date with all things Solaxy by joining the community on Telegram and X.
Visit The Solaxy Presale Today
EXPLORE: Top 20 Crypto to Buy in July 2025
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