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Today’s widespread recovery in altcoins once again demonstrates the upside potential of base meme coins.
Brett, the chain's top meme token, has overtaken Solana meme coin Bonk in terms of market capitalization, according to data from CoinMarketCap.
Brett's market capitalization is now just under $1.5 billion after the meme coin rose nearly 21% today Wednesday.
Naturally, its strength has sparked high growth in other Base meme coins, with Degen and Basenji tokens growing by more than 30% and 90% respectively. A new pre-sale token, Base Dawgz, also raised nearly $2 million in its ICO and is being compared to Brett.
Brett Price Prediction – How High Can It Go?
Despite today's explosive rally, experts agree that Brett is nowhere near his cycle high. The meme coin is therefore 23% below its previous high of $0.193.
Moreover, it is gaining a huge boost as several Tier-1 cryptocurrency exchanges are rushing to list meme coins on their platforms.
Within 24 hours, both Kraken and Woo had listed BRETT perpetual contracts on derivatives exchanges, with the latter launching its meme coin into the spot market.
No, you won't see the same post twice.
⚠️ Another listing notification!$BRETT (@BasedBrett) is now available for trading. #right X spot market.
Let's make a deal 👉 https://t.co/7kKsSUTkf4 pic.twitter.com/lgVWlv0cYU
– WooX (@_WOO_X) June 17, 2024
Due to its status as the best Base meme token, experts believe that other cryptocurrency exchanges such as OKX, Binance, and Coinbase may soon join the fray.
Some analysts see BRETT as an offshoot of Pepe, considering both characters have roots in Matt Furie's popular Boy's Club comics. In fact, the two tokens show significant correlation.
Considering Pepe is poised to hit new highs in July, it wouldn't be surprising to see Brett also hit the $0.20 milestone by next month.
Why is Base Meme Coin soaring?
A recent report from CryptoSlate suggests that Base’s meme coin could outperform Solana coin. Now it looks like the projection is going on as Brett reverses Bonk.
In fact, optimistic Brett investors believe that Bonk is just the first of the dominoes, and that Dogwifhat and Floki will follow.
Let me be honest.
Now this isn't broken or surprising.
Even if $BRETT Flip $WIF and $FLOKI. With all due respect, it's light work.
When is something shocking? $BRETT Flip $shiba Then a rival $DOGE.
Everyone will be distrustful.
There isn't a single one… https://t.co/MKswiMwCIF
— CryptoSniped 🤝🏾💰📈💸🚀 (@CryptoSniped) June 19, 2024
Basechain has some of the same unique selling points as Solana, including low transaction fees and high scalability. As Base is a layer 2 venture of Coinbase, the largest exchange in the US with close to 140 million users, Base's token could very well see higher brand awareness and mainstream adoption.
Moreover, smart money traders are quick to note that while the underlying meta is still in its infancy, other ecosystems, including Ethereum and Solana, are now saturated with pump-and-dump meme coins.
For example, only three Base meme coins are worth more than $100 million, and Brett is the only token with a market capitalization exceeding $1 billion. As a result, Base's Brett and other new meme coins have the potential to outperform the rest of the meme token sector in the next bull market.
Is Base Dawgz the next Meme Coin to explode?
As previously mentioned, Base Dawgz, a new meme coin, is quickly being compared to Brett thanks to strong initial demand and solid fundamentals.
For example, DAWGZ has already reached $2 billion in ICO in just two weeks, making it one of the fastest-growing cryptocurrencies on Base.
DAWGZ is a multi-chain meme coin despite being native to Base. The token is already live on Ethereum, Solana, BNB Smart Chain, and Avalanche, aiming to maximize visibility among potential investors. =
Base Dagwz's multi-chain status also benefits buyers, who can purchase meme coins by exchanging the native tokens of the aforementioned chains.
Another key factor in strong demand is our unique airdrop program. Interested participants can earn airdrop points by simply sharing Base Dawgz-related content on social media, which can later be exchanged for additional DAWGZ tokens.
Alternatively, you can encourage your friends to invest in Meme Coins through your referral link and receive a percentage of each investment made during the pre-sale. Best of all, investors can simply secure their holdings and earn attractive passive income.
https://www.youtube.com/watch?v=_S_odcExb5c
Due to its innovative share-profit concept and strong hype, smart money traders are bullish on DAWGZ, with some even hinting at the potential for 100x profits.
Visit Base Dawgz Presale
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