Is It Too Late to Buy BRETT? BRETT Meme Coin’s Market Cap Tops $1 Billion Amid $4.9M AI Coin Raise
In the most recent overnight surge, the fastest-growing meme coin of the year, Brett ($BRETT), has soared by 21%, marking a staggering 98% surge in its value over the past seven days. Its current trading price stands at around 18 cents.
An announcement yesterday that the popular crypto exchange KuCoin is now listing $BRETT for trading appears to have catalyzed the gains.
New Listing@BasedBrett $BRETT Gets Listed on #KuCoin!
Pair: BRETT/USDTDeposit: now open (network: BASE-ERC20)Trading: 9:00 on June 6, 2024 (UTC)
— KuCoin (@kucoincom) June 6, 2024
Brett launched on Coinbase’s Ethereum Layer 2 network Base on March 11th this year at $0.038. It has since rapidly risen through the ranks to become the seventh biggest meme coin with a hefty market capitalization of $1.7 billion.
$BRETT is also currently the fifth largest token on Base.
The project draws on Matt Furie’s iconic Boy’s Club comic, where the character Brett is known for his carefree attitude and his love for video games.
Two key indicators on $BRETT’s price chart indicate that the token’s blistering overnight rally is driven by large buying activity.
The near-vertical price line indicates potential whale purchases, driving the token to trade at three cents above its 30-day moving average.
Source: TradingView
An overheated relative strength index (RSI) of 83 confirms the market is over-valuing it. A healthy RSI reading is typically between 30 and 70. This means it’s fair to say $BRETT is over-performing and due for a correction soon.
While $BRETT Moons, Meme Coin Fans Lap Up Man’s Best AI Trading Bot Friend WienerAI
Brett is part of a new generation of meme coins that are hogging the limelight from Ethereum’s layer 1, which has traditionally been the best launchpad for this category of crypto.
Tokens like Notcoin on TON, and Bonk and Slothana on Solana are also drawing investors away from the ERC-20 funny tokens.
However, a new generation of coins like ScottytheAI and WienerAI are doing what no other meme coin projects are doing right now: integrating artificial intelligence to make their holders’ lives easier.
These coins combine the viral appeal of memes with the utility goldmine of artificial intelligence and attracting millions.
On the surface, WienerAI looks like another dog-themed meme coin, but it’s much more than that.
It’s a next-generation crypto project that utilizes viral marketing strategies in order to bring crypto fans a high-value proposition: the most advanced beginner-friendly AI trading bot in crypto.
A live look at the WienerAI community
pic.twitter.com/l7gaHOBRWR
— WienerAI (@WienerDogAI) June 4, 2024
The presale is only a month old, and it has already taken a tidy $4.9 million in investments.
Touted as a “Revolutionary AI Trading partner”, WienerAI ($WAI) is a digital companion that gives its owners user-friendly AI-enhanced trading advice, seamless swap functionality and zero fees.
Blockchain security platform Coinsult audited WienerAI’s smart contract.
Around 20% of $WAI’s supply is for staking.
WienerAI’s website offers buyers the ability to stake during the presale, in order to take advantage of the lucrative yield, which is currently 225% APY.
Stay on top of WienerAI news over on X and Telegram.
Join the presale now over on the WienerAI website.
The post Is It Too Late to Buy BRETT? BRETT Meme Coin’s Market Cap Tops $1 Billion Amid $4.9M AI Coin Raise appeared first on Cryptonews.
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