summary
- The recently launched frog-themed meme coin hit an all-time high of $0.14 and briefly had a market capitalization of more than $1.4 billion.
- Meme coins have attracted a lot of interest, with the sector’s overall market capitalization reaching nearly $70 billion, but their high volatility poses significant risks for traders.
Latest Rally
While most cryptocurrency prices have remained stable or declined slightly over the past 24 hours, some assets continue to record significant gains. As an example, frog-themed meme coin Brett (BRETT) hit an all-time high of over $0.14, according to data from CoinGecko. Its market cap briefly exceeded $1.4 billion before settling at its current level of $1.35 billion.
The asset’s surge coincided with KuCoin’s decision. introduction BRETT/USDT trading pair. In addition, the company offered To celebrate this initiative, we are giving away 1,200,000 BRETT. Users will receive a certain amount of tokens as a reward for each person they invite.
Other major cryptocurrency exchanges that have previously allowed services using the asset include: BiggetBitmart, Gate.iomore.
There are plenty of users on Crypto X who believe that BRETT’s bull run is not nearing an end. One crypto investor who goes by the handle STASHER highlighted the asset’s performance: Predict It rose further to $0.20 “before it really dropped.”
“This really seems like a low-risk meme coin investment with DOGE, SHIBA, and PEPE vibes,” the analyst added.
Andrew Kang also contributed. Assert BRETT said it is “showing strength and the magnetic pull towards $0.20 looks set to emerge sooner rather than later.”
Last week, Crypto Rover, an X-user with over 700,000 followers, Revealed He said he invested in the property and made a handsome profit (at least on paper) from its rising price.
The whole of Meme Coin Mania
BRETT isn’t the only meme coin gaining attention recently. The market capitalization of this space is approaching $70 billion, with Pepe (PEPE) Floki the Dog (FLOKI)and many PolitiFi Token I witnessed some impressive spikes.
Despite offering traders opportunities make Big profits in a short time periodTrading meme coins can also lead to big losses due to the notorious volatility of this asset class, so if you are looking to enter this ecosystem, check out our dedicated video to protect yourself from common mistakes.
