This Frog-Themed Meme Coin Eyes a New ATH After a 30% Daily Surge: Details

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• A frog-themed meme that has been growing in popularity saw a 30% rise on a 24-hour basis, approaching a new all-time high.
• However, PEPE remains the largest asset of this type, with a market capitalization of more than $6 billion.

The rise of Pepe's rival

The meme sector continues to release new tokens, some of which turn into real sensations in a short period a period of time. One example of this is the frog-themed Brett (Brett) who saw the light of day three months ago but It started making waves at the end of March Because of its rapidly rising prices.

In the past few weeks, the asset has been a rock star, with its value reaching an all-time high of over $0.12 on June 2 and its market capitalization surpassing the staggering figure of $1.2 billion.

Despite a brief dip on June 3, BRETT is in the green today (June 4), recording a 30% price increase. Its rise challenges an ongoing trend in the meme world, where leading assets like Shiba Inu (SHIB), Dogecoin (DOGE), Pepe (PEPE), Bonk Inu (BONK), and many more are bleeding today.

a little is expectedBRETT's rise last month caught the attention of many industry participants with Some admit that they entered its ecosystem as investors and others set optimistic predictions.

the common User X recently crashed claimed That the meme coin could explode to the $3 to $8 range and become one of the top 20 cryptocurrencies. As they expected it will Flip leading altcoins like Polkadot (DOT), Arbitrum (ARB), dogwifhat (WIF), Optimism (OP), and more. Currently, Brett is #86 Larger The digital asset is the seventh largest in its group.

Pepe maintains his position

Despite BRETT's impressive rise, Pepe (PEPE) remains the leading frog-themed meme coin. Market value for More than $6 billion. He. She Exploited Its highest level ever at the end of last month, while its market value rose to more than $7 billion. Thus, it briefly overtook Polygon (MATIC) and Litecoin (LTC).

Although there has been a slight pullback in the past few days, PEPE holders are still mostly in the green. As of this momentnearly 90% of token investors are He sits On paper profits.

The recent jump in prices has enabled smart traders to make big gains. One such investor, who recently jumped on the bandwagon in December 2023 Spend it Outside About $2.5 million.

However, dealing with PEPE coins and meme coins in general is also very risky due to the notorious volatility of the asset class. If you are about to join the ecosystem, please watch the dedicated video below to protect yourself from some common mistakes: