Brett Price Forecasts Potential Surge for Base Meme Coin
The Brett meme coin has experienced a surge in value after a bout of panic selling yesterday, with its price reaching as high as $0.17 on Tuesday. The leading Base meme coin has seen a nearly 30% increase in the last 24 hours and has more than doubled in value over the past month. Despite the recent bearish pressure in the crypto market, Brett is now just 13% away from reaching a new all-time high. This has led to numerous Brett price predictions suggesting that the meme coin may achieve new highs this week.
Other Base meme coins are following Brett’s bullish trend, with tokens like Basenji and Degen experiencing double-digit increases in value today. Even new presale meme coins such as Base Dawgz are witnessing a surge in demand, with DAWGZ reaching a milestone of $2 million in its ICO today.
The high demand for Base meme coins indicates strong competition with their Solana counterparts for market share. Base offers similar advantages to Solana, such as high scalability and low trading fees. Furthermore, as the Layer-2 venture of Coinbase, the adoption of Base tokens is expected to increase significantly.
The correlation between Base meme coins and the price of Ethereum is also notable. With the launch of spot Ethereum ETFs on July 2nd, ETH is anticipated to outperform SOL for the rest of the year, which could benefit meme coins like Pepe and Brett.
The trading pair ETH/BTC appears poised for a breakout from its descending triangle in the weekly time frame. This, combined with Ethereum’s potential to make significant moves against Bitcoin due to factors such as the Mt. Gox FUD and the upcoming launch of spot ETH ETFs, creates a favorable environment for Brett to reach new all-time highs.
However, the strength of BTC is crucial for meme coins like Brett. The potential scenario of Bitcoin revisiting $48k could have catastrophic effects on meme coin prices. Conversely, BTC reclaiming the $62,000 price level would help avoid further tests of the range lows.
Most Brett price predictions foresee the meme coin reaching new highs and entering price discovery in the coming days. The attention is also on other Base meme coins that may experience significant growth.
An example of this is the new Base meme coin, Base Dawgz (DAWGZ), which is in high demand during its ongoing presale. DAWGZ has raised over $2 million in its ICO, showing strong fundamentals and significant demand for Base meme tokens. With multi-chain status and unique utility features, DAWGZ is positioned as a potential leader among dog-themed meme coins on Base. Its share-to-earn utility and referral program have also attracted attention from investors and traders.
The unique value proposition of DAWGZ has led to increased demand from smart money traders, with predictions of significant gains. Notably, the popular YouTube channel 99Bitcoins has praised the meme coin’s upside potential, indicating the possibility of 100x gains.
