RETT’s 17% Surge Shocks Crypto: Is $0.15 the Next Meme Coin Jackpot?

BRETT jumps 17% to $0.095, eyeing $0.15. Fueled by Base chain buzz, can this meme coin soar higher?

May 8, 2025 - 16:43
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RETT’s 17% Surge Shocks Crypto: Is $0.15 the Next Meme Coin Jackpot?
BRETT’s 17% Surge Shocks Crypto: Is $0.15 the Next Meme Coin Jackpot?
BRETT, a meme coin on the Base blockchain, spiked 17% to $0.095 on May 7, 2025, sparking excitement among crypto enthusiasts. Known as “Pepe’s best friend,” BRETT’s rally follows new exchange listings and futures trading, pushing its market cap toward $1 billion. Analysts now eye $0.15 as the next target, with some predicting a $2 billion valuation if momentum holds.
What’s Driving the Surge?
BRETT’s rise is tied to the Base chain’s growing popularity, a layer-2 solution for Ethereum that offers low-cost transactions. Social media buzz, especially on X, highlights BRETT’s community-driven appeal, with trading volume hitting $141 million in 24 hours. Unlike utility-focused coins, BRETT thrives on cultural hype, similar to Dogecoin’s early days. However, a recent token unlock raised circulating supply by 2%, causing brief volatility.
What Does This Mean?
For beginners, BRETT’s surge shows how meme coins can deliver quick gains but carry risks. Its Relative Strength Index (RSI) at 62 suggests room for growth, but overbought conditions could trigger a pullback. Macro factors, like U.S. trade tensions, may also dampen crypto sentiment. Still, BRETT’s $0.10 resistance is within reach, with $0.15 possible if bullish trends continue.
Looking Ahead
BRETT’s fate hinges on community hype and Base’s adoption. A breakout above $0.10 could fuel optimism, but investors should brace for volatility. For newbies, small, cautious investments are wise in this fast-moving market.
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NOTICE: The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
NOTICE: The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.