Can history really repeat itself in crypto? Mags, the well-known trader who spotted PEPE before its massive 25x run last year, seems to think so. His chart comparison between PEPE and BRETT has caught some patterns that look eerily alike.
Mags shared a detailed analysis showing how PEPE and BRETT have moved in similar ways since their early days. PEPE once started from humble levels, traded sideways for months, and then exploded 25x after hitting a key breakout point. According to Mags, BRETT might be setting up for the same kind of run.
On his chart, PEPE’s rise began when its market cap hovered around $450M. It then climbed to a $10.43B peak, marking one of the most talked-about meme coin surges of 2024. The chart shows how PEPE bottomed near $250M before that rally began, forming a clean accumulation zone.
BRETT’s chart looks nearly identical. It also bottomed around $250M and now trades near $430M. Mags highlights that PEPE and BRETT both peaked after major exchange listings, with PEPE at $1.88B and BRETT at $2.2B, before retracing to almost the same base levels. That’s what makes the resemblance so compelling.
The visual comparison shows both coins dipping, forming a rounded bottom, and slowly consolidating before their breakout moments. Mags marked the “buy” area for BRETT almost exactly where PEPE began its own explosive move months ago.
BRETT Price Could Mirror PEPE Rally
Mags believes that if BRETT repeats PEPE’s post-consolidation rally, the upside could be significant. A move from $430M to $10B in market cap would represent roughly a 22x gain, placing BRETT price near $1. He emphasizes that it’s not about whether the move happens exactly the same way, but about recognizing how similar the setup looks right now.
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BRETT price has been trading lower since May, falling about 60% so far. Yet the recent sideways action around the $430M mark suggests accumulation, much like PEPE’s pattern before its surge. The comparison is not just visual; it’s backed by nearly identical numbers across key stages of their cycles.
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