BRETT a memecoin built on Solana experiences a remarkable 14 surge securing its position as the leading gainer
BRETT, the memecoin that was launched three months ago, has experienced a notable surge of 14%, making it the top performer of the day. As of the current moment, the token has seen an 8% increase, with its value at $0.1609, as reported by CoinMarketCap (CMC). During this period, the meme-inspired token, based on a character from the “Boy’s Club” comic, recorded a daily trading volume of $72 million.
The 24-hour price chart for BRETT can be viewed on CoinMarketCap. Occupying the position of the 56th largest cryptocurrency, BRETT’s market cap has exceeded $1.6 trillion. However, despite these achievements, BRETT remains 17% below its peak value of $0.1939.
The recent upsurge in BRETT’s price can be attributed to an announcement made on June 25 by the crypto exchange KuCoin regarding a Twitter Space fireside chat featuring the Brett team. This event has aroused significant interest in the community, further fueled by the chance to win $1,000 worth of BRETT through a giveaway, serving as a potential catalyst for increased trading activity and price appreciation of the token.
In addition, well-known trader Andrew Crypto (@MrTastycalls) has expressed his bullish sentiments about the coin’s future trajectory. He observed positive indicators of a rebound and potential breakout for BRETT in the near term, suggesting that the coin could potentially reach $0.20 within the upcoming week.
The recent surge in BRETT memecoin coincides with a broader recovery seen in the overall market. Data from CMC shows a 1.2% increase in the global market, reaching a total value of $2.28 trillion.
Furthermore, other memecoins based on Solana are experiencing an upswing due to the overall market uptrend, with Pepe (PEPE) rising by 9%, Dogwifhat (WIF) by 10%, and Bonk (BONK) by a more modest 4%.
For more information, you can read about how BRETT memecoin has reached a $1 billion market cap.