As the overall sentiment in the cryptocurrency market turns bullish, leading cryptocurrencies have regained previously lost levels and ignited more interest in meme coins. BRETT (BRETT) has emerged as a standout performer, with gains of 400% in the past 30 days alone.
Having launched just three months ago, BRETT now boasts… Market value With a value of $1.7 billion, making it the biggest winner on the list of the top 100 companies in the market.
The largest meme coin on the mainnet
Brit is a meme currency building on the Base Network, with a mascot inspired by a character in Matt Furie's Boys' Club comic strip. Since its launch in February 2024, BRETT has become the largest meme on the Base network by market cap, earning the title of “PEPE’s Best Friend on BASE.”
It is worth noting that BRETT stands out due to its abandoned contract and absence of a mint function, which places the entire token path in the hands of its community. The BRETT generator cannot generate additional symbols or process a file a contractrelying instead on the vibrant and dedicated community to drive its development.
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With a total fixed supply of 10 billion tokens, BRETT's scarcity and potential future value are affected by the limited creation of new tokens. The coin follows a fair launch model, ensuring a level playing field for all participants.
Brett does not impose Transaction taxeswhich can stimulate trading activity but may affect value in the long term.
In terms of distribution, 85% of the tokens are allocated to the liquidity provider (locked), 10% to the treasury, and 5% to the central exchange wallet.
BRETT stock is up 21,000% from its all-time low
As of now, BRETT is trading at $0.1794. It maintains its position as the top meme coin on the BASE network while also being on the market Best performanceand witnessed a rise of 33% in the past 24 hours.
Queen Gekko Data It reveals a staggering 21,000% increase from its all-time low, highlighting the massive increase in interest the coin has gained in recent months.
Furthermore, BRETT's trading volume has increased significantly, rising by 62% in the past few days to reach $219 million. Notably, BRETT is the first meme on the mainnet to surpass a market cap of $1 billion.
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While the current Brett Uptrend It is worth noting that it remains to be seen whether the token can maintain its momentum and rise to higher positions in the market. If so, it would likely overtake other meme coins like Bonk Inu (BONK) in terms of market capitalization, as the difference between the two is only $200 million.
At its all-time high (ATH), BRETT reached $0.1887, which may serve as a near-term resistance level for the token, as it has struggled to cross this mark in the past two days.
Featured image of DALL-E, chart from TradingView.com