Why is BRETT Meme Coin Price Pumping?

BRETT, a BASE blockchain meme coin, has witnessed a surge in price over the past few weeks. With a 7.45% increase in the last day and a daily trading volume of $111,160,114.41, the meme coin trades at $0.1552. Overwhelming excitement about the coin’s potential listings on major exchanges and anticipated integration into the Korean market has fueled this bullish momentum.

BRETT Influencer Predictions and Market Potential 

According to crypto influencer Eunice D Wong, BRETT’s phenomenal rise is just the beginning. In a recent tweet, Wong expressed confidence in the meme coin’s ability to reach targets between $5 billion and $10 billion leading up to the elections, with the potential for even higher valuations depending on market conditions. 

“I only see major upside tbh – 1.6B MC,” Wong added, referring to BRETT’s current market capitalization. Moreover, she highlighted that BRETT is yet to be listed on major exchanges such as Binance and OKX and is not available in key markets like Korea, indicating growth opportunities. 

Community Support and Predictions

Moreover, the crypto community has rallied behind BRETT, with influential figures like Crypto Coach and Oscar Ramos echoing bullish sentiments. Crypto Coach highlighted BRETT’s resilience, stating that it “held up support perfectly and now ready to send it back to new ATH at $2B.” Meanwhile, Ramos confidently predicted, “$1 $BRETT is one of my favorite Predictions.”

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BRETT Price Analysis

In a tweet, More Crypto Online analyzed the BRETT token, noting its price breakout above a key trend line. This breakout represents the first signal of a potential upward movement. However, the analyst emphasizes that a more definitive confirmation requires observing a 5-wave move targeting a price of $0.178 or higher.

The completion of wave iv is crucial for confirming the ongoing trend, according to More Crypto Online. While the initial breakout is promising, traders should watch for this specific price action to solidify their confidence. The target price of $0.178 serves as a critical threshold in this analysis.

Additionally, GAKI, a self-proclaimed member of BRETT’s whale group, claims that whales and the project’s developers are preparing to “create something new for base.” GAKI expressed confidence in BRETT’s ability to break the 5-10 million mark soon, asserting that this is “just the beginning.”

Read also: JasmyCoin Price Prediction: Expert Forecasts JASMY’s 30% Rally – $5 Target Next?

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Samuel Munene
Samuel Munene

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