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The Base networks leading memecoin, BRETT, is experiencing a significant rally today, as its market cap soars back over $1 billion. In the last 24 hours, BRETT has surged over 36%, far outpacing most other major cryptocurrencies, which have struggled to post gains of more than 10%. Trading volume for […]
After recent Defi tokens surged, most meme coins are now on the rise this week as volume flows into the industry. Bretts price appears strong, leading altcoins rally following an impressive surge since yesterday. Throughout last week, Brett showed weakness as it posted several losses after resuming bearish actions an […]
The crypto market has enjoyed a good run in the last few days, with several large-cap assets posting double-digit gains in the past week. Meanwhile, meme coins like Dogecoin, dogwifhat, Pepe, and Brett, were also among the best-performing assets in the market. Specifically, BRETT witnessed an over 30% increase in its value over the past week. Interestingly, a popular crypto pundit has suggested this recent momentum is only the tip of the iceberg, as the meme tokens price seems set to take off. Analyst Predicts Meme Coin’s Price Will Skyrocket By 300% In a recent post on the X platform, prominent crypto analyst Ali Martinez put forward an exciting projection for the price of BRETT over the coming weeks. According to the pundit, recent price action suggests that the meme coin is gearing for an explosive 300% move to the upside. Related Reading: Crypto Market Rebounds From Lows, But Why Are Cardano Holders Suffering Losses? The rationale behind this bullish projection is the formation of a bull flag on BRETTs daily price chart. A bullish flag formation is a technical analysis and a strong continuation pattern that resembles a flag on a pole. The pole usually represents a vertical rise while the flag represents a period of price consolidation. The important feature of this chart formation is the breakout from the flag, which typically mirrors the length of the initial pole of the flag. As shown in the chart above, the BRETT price seems to be on the verge of a breakout, having been in a consolidation range since early June. This consolidation zone or flag was preceded by a vertical upward movement, which saw the tokens price jump from $0.03 to $0.2. Martinez noted in his post that if the meme coins price breaks out of the flag, the $0.15 support level needs to hold strong upon retest. If the support fails to hold, the Brett might just return within the consolidation range. In the case of a successful breakout, the analyst predicted the BRETT price to climb as high as $0.63. BRETT Price Overview As inferred earlier, a price upswing to $0.63 would represent an over 300% rally from the current price point. As of this writing, the price of Brett stands around $0.147, reflecting a nearly 6% increase in the last 24 hours. Related Reading: Is $200 Within Reach For Solana Price? Heres Why This Blockchain Firm Thinks So According to data from CoinGecko, the meme token is up by nearly 30% in the past week. With a market capitalization of over $1.45 billion, BRETT ranks amongst the top 10 largest meme coins in the digital asset sector. Featured image from iStock, chart from TradingView
As the overall sentiment in the crypto market veers towards bullishness, leading cryptos have regained their previously lost levels and ignited further interest in meme coins. Brett (BRETT) has emerged as the standout performer, experiencing a 400% gain in the past 30 days alone. Having launched just three months ago, BRETT now boasts a market cap of $1.7 billion, positioning itself as the top gainer in the top 100 spot of the market. The Largest Meme Coin On The Base Network BRETT is a meme coin built on the Base network, with its mascot inspired by a character in Matt Furie’s Boys’ Club comic. Since its launch in February 2024, BRETT has become the largest meme coin on the Base network in terms of market cap, earning the title of “PEPE’s best friend on BASE. Notably, BRETT stands out due to its renounced contract and absence of a minting function, which places the token’s trajectory fully in the hands of its community. The creator of BRETT cannot generate additional tokens or manipulate the contract, relying instead on the vibrant and dedicated community to drive its development. Related Reading: Bitcoin On The Verge As Global Liquidity Nears New $100 Million ATH With a fixed total supply of 10 billion tokens, BRETT’s scarcity and potential future value are influenced by the limited creation of new tokens. The coin follows a fair launch model, ensuring equal opportunities for all participants. BRETT does not impose transaction taxes, which can incentivize trading activity but may impact long-term value. Regarding distribution, 85% of the tokens are allocated to the Liquidity Provider (locked), 10% to the Treasury, and 5% to the Centralized exchange wallet. BRETT Surges 21,000% From All-Time Low As of now, BRETT is trading at $0.1794. It maintains its position as the top meme coin on the BASE network while also being the market’s best performer, experiencing a 33% surge in the last 24 hours. CoinGecko data reveals a staggering 21,000% increase from its all-time low, highlighting the immense surge in interest the token has garnered in recent months. Furthermore, BRETT’s trading volume has increased significantly, rising by 62% in the past few days to reach $219 million. Notably, BRETT is the first meme coin on the Base network to surpass a $1 billion market cap. Related Reading: Injective (INJ) Price Set To Skyrocket 33% On Classic Bullish Signal: Crypto Analyst While BRETT’s current uptrend is notable, it remains to be seen whether the token can sustain its momentum and climb to higher positions in the market. If so, it could potentially surpass other meme coins like Bonk Inu (BONK) in terms of market cap, with the difference between the two being a mere $200 million. At its all-time high (ATH), BRETT reached $0.1887, which might serve as a near-term resistance level for the token, as it has struggled to surpass this mark in the past two days. Featured image from DALL-E, chart from TradingView.com
Dive into the latest on Troller Cat's explosive presale, Brett's market surge, and ApeCoin's bullish momentum. Discover the best meme coin presale to buy now.
The post Troller Cat Presale Ignites 7000% ROI Buzz as best meme coin presale to buy now while Brett and ApeCoin Make Waves appeared first on Kanalcoin.
Ever feel like you missed the boat on the last meme coin that went parabolic? With so many popping up and disappearing in the blink of an eye, its easy to get left behind. But every now and then, something hits differentreal utility, real community, and that all-too-familiar buzz that signals a true opportunity.
The post BTFDs $0.0002 Entry, FINAL100 Bonus, and 2900% ROI Make $7K Flip to $420K Possible6 Best New Meme Coins to Join This Month With BRETT and PNUT appeared first on Kanalcoin.
Can Brett reach $1? According to the Brett coin price prediction, by the end of 2030, the BRETT crypto price is expected to reach a maximum level of $8.76 (+25,600%).
The post BRETT Coin Price Prediction: Can Brett Reach $1? first appeared on StealthEX.
Discover the top meme coins to join for 2025, including Arctic Pablo Coin's epic presale, Broccoli's green crypto mission, and Brett's latest surge.
The post Arctic Pablo Coins Presale Nears the Finish Line Crystal Cove Stage Gathering Millions Amid Broccoli and Brett Latest Moves appeared first on Kanalcoin.
Explore Arctic Pablo Coin's explosive presale, Brett's latest market buzz, and Gigachad's groundbreaking moves. Best meme coins for exponential returns!
The post Arctic Pablo Coin Nears a Major Breakthrough at Crystal Cove Brett and Gigachad in the Spotlight Too appeared first on Kanalcoin.
Discover the best meme coins to buy now. Arctic Pablo Coin reaches Nippy Nook, Brett unveils new developments, and ai16z dives into fresh projects.
The post Chasing the Best Meme Coins to Buy Now? Arctic Pablo Coin Nears $2M, Bretts Boom, and ai16zs Latest Leap appeared first on Kanalcoin.
Thats exactly why investors are scrambling to secure BTFD Coin (BTFD) before its final presale stage closes.
The post 5 Best New Meme Coins to Join Today: BTFDs $0.006 Target Could Turn a $100 Buy Into $3,000FLOKI and BRETT Push Their Ecosystem! appeared first on Kanalcoin.
Discover the top meme coins to join now, including Arctic Pablo Coin, Bonk, and Brett. Explore their unique features, market performance, and investment potential.
The post From $0.000074 to $0.008 Arctic Pablos Top New Meme Coin Is Exploding While Bonk and Brett Hold Strong! appeared first on Kanalcoin.
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, the International Monetary Fund (IMF) reports interest in central bank digital currencies (CBDC) in Latam and the Caribbean is picking up, Lula criticizes the current international economic system, and Venezuela integrates the Russian
The post Latam Insights — IMF States Latam’s CBDC Interest Rises, Lula Emphasizes Bretton Woods Institutions ‘No Longer Function’ appeared first on BTC Ethereum Crypto Currency Blog.
The global history of fiat money and U.S. world reserve status has incentivized many countries to abandon their own cultures and sovereignty.
Former FTX US President Brett Harrison is in the process of launching a new cryptocurrency startup that would service institutional clients.
The post Former head of FTX.US raises $5M from Coinbase, Circle for a new crypto startup appeared first on CryptoSlate.
Ex-FTX US Brett Harrison was spotlighted for his scathing attack against Sam Bankman-Fried. But is he telling the whole story?
Continue reading Ex-FTX US President Blasts SBF: Is He Telling the Whole Story? at DailyCoin.com.
Brett Harrison said he was in constant conflict with SBF and denied involvement in the FTX scam.
Anthony Scaramucci has said he is investing in a company established by Brett Harrison, the former president of inoperative crypto exchange FTX US, according to [...]
Harrison said Bankman-Fried threatened to fire him on the spot and would destroy his professional reputation if he continued to confront the former FTX CEO.
Did this Coin Metrics analyst uncover the key to the whole Alameda/ FTX story? Because let’s face it, it doesn’t make sense. Both of Sam Bankman-Fried’s businesses were extremely profitable. FTX was the world’s third-biggest exchange and growing, why would anyone risk killing that golden goose? There must have been an underlying cause. Did this Coin Metrics analyst uncover it in the on-chain data? He might have. Related Reading: Solana Plunges 12% – Is FTX Selling Its SOL To Defend FTT? The Head of R&D at Coin Metrics, Lucas Nuzzi, ends his thread with a warning: “Important to note that this is my own personal highly-speculative take on what happened based on these on-chain artifacts.” The case the Coin Metrics analyst is making rests on solid on-chain data, but the interpretation of what said data means is “highly-speculative.” So, take it with a grain of salt and don’t go around saying this is exactly what happened, because it might not be. That being said, yikes! The Coin Metrics Analyst Makes The Case Lucas Nuzzi starts with a statement of fact, “I found evidence that FTX might have provided a massive bailout for Alameda in Q2 which now came back to haunt them.” And then, he poses a mystery. “40 days ago, 173 million FTT tokens worth over 4B USD became active on-chain.” Where did those tokens go? You guessed it, Alameda Research. The day was September 28th. A record-breaking $8.6B in FTT moved that day. 2/ That day, September 28, over 8.6 Billion USD worth of FTT was moved on-chain. That was by far the largest daily move of FTT in the token's existence and one of the largest ERC20 daily moves we ever recorded at Coin Metrics. pic.twitter.com/GnUO1ZcCB7 — Lucas Nuzzi (@LucasNuzzi) November 8, 2022 “That was by far the largest daily move of FTT in the token’s existence and one of the largest ERC20 daily moves we ever recorded at Coin Metrics,” Nuzzi tweeted. What was happening around Alameda and FTX near that time? Nothing special, really. On August 24th, Sam Trabucco stepped down from the Co-CEO position at Alameda Research. “I will stay on as an advisor, but otherwise will not continue to have a strong day-to-day presence at the company,” Trabucco tweeted. On September 27th, Brett Harrison stepped down from the CEO position at FTX. “Over the next few months I’ll be transferring my responsibilities and moving into an advisory role at the company,” Harrison tweeted. This one is the kicker. On September 28th, Sam Bankman-Fried tweeted, “Heads up: rotating a few FTX wallets today (mostly non-circulating); we do this periodically. Might be a few more coming, won’t have any effect.” If all of this is true, that last SBF tweet will probably make an appearance in court. FTT price chart for 11/09/2022 on FTX | Source: FTT/USD on TradingView.com So, What Did Alameda Do With The Money? Believe it or not, the FTT tokens came directly from the original ICO smart contract. The Coin Metrics analyst “found a peculiar transaction that interacted with a contract from the FTT ICO. This 2019 contract *automatically* released 173 Million FTT from the token’s ICO.” Strange, but both organizations are joined at the hip. Then, things took a bizarre turn. “Alameda then sent that *entire* balance to the address of the deployer (creator) of the FTT ERC20, which is controlled by someone at FTX.” 4/ The recipient of the $4.19 B USD worth of FTT tokens was no one but Alameda Research! So what? Alameda and FTX were intrinsically connected from day 1 and Alameda obviously participated in the FTX ICO. But what happened next was interesting… — Lucas Nuzzi (@LucasNuzzi) November 8, 2022 WHAT? The Coin Metrics Analyst’s Theory According to Lucas Nuzzi, Alameda Research wasn’t immune to the crypto contagion that plagued the space in Q2. In fact, the company might’ve blown up with 3AC, Voyager, and Celsius. “It ONLY survived because it was able to secure funding from FTX using as “collateral” the 172M FTT that was guaranteed to vest 4 months later.” That’s an extremely risky move. It almost seems like FTX didn’t have a choice. 8/ The Alameda bailout likely put a dent on FTXs balance sheet to the point where it was no longer solvent. This would have been fine if the price of FTT didn't collapse and a bank run ensued This is why Alameda tried their best to protect FTT's price.https://t.co/nX1tphjLNR — Lucas Nuzzi (@LucasNuzzi) November 8, 2022 They didn’t, because “the FTT ICO contract vests automatically. Had FTX let Alameda implode in May, their collapse would have ensured the subsequent liquidation of all FTT tokens vested in September.” If the scenario the Coin Metrics analyst poses is real, SBF and company had to do it. And they paid a heavy price for it. “The Alameda bailout likely put a dent on FTXs balance sheet to the point where it was no longer solvent. This would have been fine if the price of FTT didn’t collapse and a bank run ensued.” Related Reading: The Binance Vs. FTX War: Here Are The Most Recent Stats & On-Chain Data This Is Where CZ And Binance Come In In this scenario, CZ And Binance somehow found out about the deal. And the biggest cryptocurrency exchange by trading volume had a heavy FTT bag. “As part of Binance’s exit from FTX equity last year, Binance received roughly $2.1 billion USD equivalent in cash (BUSD and FTT),” CZ tweeted when he announced they were liquidating. What does this heavy FTT bag mean? The Coin Metrics analyst explains, “As large holders of FTT, they could start deliberately tanking that market to force FTX to face a liquidity crunch.” And they did. And then they offered to buy FTX and relieve them of their problems. Presumably for pennies on the dollar. A master stroke, if true. But remember the Coin Metrics’ analyst warning, “Important to note that this is my own personal highly-speculative take on what happened based on these on-chain artifacts.” Featured Image by Gerd Altmann from Pixabay | Charts by TradingView
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