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Home»Bitcoin»Brett Price Prediction: BRETT Falls 9% As Investors Turn To This Basic Meme Coin Rival For Its 890% APY
Bitcoin

Brett Price Prediction: BRETT Falls 9% As Investors Turn To This Basic Meme Coin Rival For Its 890% APY

August 13, 2024No Comments
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Brett price has fallen 9% in the last 24 hours trading at $0.09029 at 12:34 a.m. EST on trading volume that jumped 52% to $39 million.

Brett is one of the top three trending meme coins in the Base ecosystem, according to CoingeckoThis comes as the blockchain’s meme coin fell nearly 7% to a market cap of $1.2 billion.

Brett Price aims for a breakout

According to data from GeckoTerminal, Brett price dropped in August to as low as $0.060. Bulls then used this support to push Brett price through an upward phase to the $0.099 resistance.

BRETT has since been trading within this range, supported by $0.089, and in a sideways pattern as bulls aim for a break above the consolidation phase.

The Relative Strength Index (RSI), after falling slightly below the median level of 50, appears to be accumulating around 40. This is a sign that bulls are preparing to push the price of Brett by adding to their positions.

Brett's Price Chart Analysis Source: GeckoTerminal.com
Brett’s Price Chart Analysis Source: GeckoTerminal.com

If the bulls take charge and buy more, Brett price could break above the upper boundary of the sideways pattern, which could then push BRETT higher as the bulls target the $0.14 resistance.

However, Brett price is still trading below the 50-day and 200-day simple moving averages (SMAs), with the two SMAs forming a deadly cross at $0.13. A deadly cross and price below the SMAs indicate that Brett price could still undergo a correction.

In such a scenario, if the bears push the token below the lower boundary of the pattern, BRETT could drop to the support level of $0.080.

As Brett Price Bulls Aim to Push the Token Higher, Other Base Meme Coin Enthusiasts Are Buying Base Dawgz (DAWGZ)a token that aims to emulate the success of BRETT, which soared over 100X after its launch.

Base Dawg Presale Raises Over $2.8 Million – A Promising Alternative?

Base Dawgz has raised over $2.8 million from enthusiastic investors and continues to climb with no signs of slowing down.

We did it $DAWGZ!

$2.5 MILLION reached 🪂 we are booming now and it doesn’t look like we are slowing down 🤩 pic.twitter.com/XY0rUztKpV

— Base Dawgz (@BaseDawgz) July 15, 2024

Although the project is built on the Base blockchain, Base Dawgz brings a unique multi-chain experience, offering seamless interoperability across different blockchains, spanning Ethereum, Solana, Binance Smart Chain, and Avalanche.

The project also plans to launch the “Be Social for Airdrop” campaign to reward users with points. Simply use your X account to create and share memes and other Base Dawgz-related content. Once the pre-sale ends, users will be able to redeem these points for the project’s native token, $DAWGZ.

The team has already set aside 20% of the total token supply for staking. staking $DAWGZusers can earn an impressive annual percentage yield (APY) of 890%.

Currently, approximately 34% of the 1.69 billion presale tokens have been staked, indicating that investors are clearly bullish on Base Dawgz in the long term.

According to ClayBro, a crypto analyst on YouTube with over 130,000 subscribers, $DAWGZ “could create millionaires.”

If you want to participate in the presale, you can buy DAWGZ tokens for $0.007414 each. But don’t wait too long because the price will increase in a day.

You can buy DAWGZ tokens on the official website here using ETH, USDT, BUSD or USDC.

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