Trendy Solana-based meme coin Brett (BRETT) has been making rounds in the crypto space courtesy of its remarkable price actions since it graced the crypto market earlier this year, around late February.
At press time, the Solana-based meme crypto asset is changing hands at about $0.153, reflecting a slight 3% decline. Amid the market slumps in June, Brett remains one of the most profitable cryptocurrencies in the bearish month, with a month-to-date 83.2% price increment.
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Brett’s Remarkable Feat In Barely Four Years Of Gracing The Crypto Market
Despite existing for barely four months, Brett has crossed the $1 billion market cap valuation, almost touching $2 billion at some points in the early days of this month, underscoring the meme coin resilience in one of the most bloodshot months in 2024.
Currently, Brett boasts a market capitalization of about $1.5 billion with a trading volume of about $49.4 million. It is ranked the fifty-seventh most valuable crypto and the seventh most-priced meme coin.
Brett’s impressive market actions have placed it on the watch lists of many analysts and market observers, with many likening the coin to Shiba Inu (SHIB) and PEPE during their peak days.
Market Expert Wade’s In On Why Now Remains Ideal To Invest In Brett
Amid its remarkable price actions, a market expert on X, Mister Crypto, who has been bullish on BRETT’s expansion potential since its market cap worth was still around $300 million, recently took to his verified X handle to sensitize his over 116K followers on why a $10 billion market capitalization is an attainable target for Brett.
Mister Crypto appears confident in his Assertion as he cites salient reasons why Brett will be one of the best meme coin performers in this cycle. The subsequent part of this insight shall delve deeper into the market expert claims.
Top Performances In The Meme Ecosystem And Base Chain
As captured earlier in this insight, BRETT has positioned itself in a pole position to challenge for the top spots in the meme coins market. In addition, Brett has also done remarkably well in the Base ecosystem, completing the top five crypto assets on the buzzing network.
Interestingly, the Solana-based crypto asset attained the above tremendous feats despite not achieving peak performance yet, underscoring why now appears to be the best time to invest in Brett.
Commenting on BRETT’s incredible performance in the Base and meme ecosystem, Mister Crypto remarked, “It has been a winner in two narratives: meme coins and the Base chain. And you should always focus on winners because winners will keep winning.”
Main Reason Why Now Is Ideal To Invest In Brett
Stressing further in his insight on why it remains ideal to invest in Brett, Mister Crypto spotlighted the token’s expectant listings on two of the world’s leading exchanges, Coinbase and Binance. According to him, the listing on these trading platforms implies only one thing for the meme coin – a potential $10 billion market capitalization.
“You ask yourself this question: what will happen once the big exchanges finally list $BRETT? Instant $10B, that’s the answer,” the market expert added to conclude.
$BRETT is the face of the Base chain.
I said this when $BRETT was at $300M.
This will be one of the best memecoin performers this cycle.
It has been a winner in two insane narratives: memecoins and the Base chain.
And you should always focus on winners, because winners will… pic.twitter.com/ashpG7Pe8w
— Mister Crypto (@misterrcrypto) June 28, 2024
Implications Of A $10 Billion Market Cap
A $10 billion market cap implies that each of BRETT’s 9.910 trillion circulating supply will be valued at approximately $1, implying an approximated 525% upswing from BRETT’s $0.153 present selling price.
In addition, a $10 billion market capitalization for Brett will see it ascend to the spot of the second or third most valuable meme coin, displacing either Shiba Inu (SHIB) or PEPE, respectively.
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