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The next crypto sensation?
The ever-evolving coin sector Publishes new codes frequentlywith some attracting the attention of industry participants and becoming major trends in a short period of time. One such asset that saw the light of day earlier this year and managed to attract crowds is BRETT.
The price of the frog-themed meme hit an all-time high of over $0.09 today (May 29) after seeing a massive 130% surge. Rising on a monthly scale.
BRETT's market cap is eyeing the $1 billion mark, which is currently around $900 million (according to CoinGecko data). Thus, it has emerged as the eighth largest cryptocurrency in its world.
It would have been an impressive rise for the original fuel Through the support of leading exchanges that provided trading services with her. Some examples are Petgate,bitmart, portal.ioAnd more.
In addition, the encryption Shocked With analysts believing that the upside for BRETT is still at the starting point. Andrew Crypto praised The new ATH for the token, Forecasting Which could increase its market value the An amazing $1.5 billion if the valuation remains at its current level of around $0.09.
User open He took aim at BRETT, saying its price pump had generated huge profits for them (at least on paper).
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Despite the rapid price progress, BRETT still lags behind the leading toad-themed coin – Pepe (PEPE). Earlier this week, the latter Exploited A new price peak, with its market value rising to more than $7 billion. Thus, it briefly overtook leading altcoins such as Polygon (MATIC) and Litecoin (LTC).
However, PEPE was unable to maintain its momentum. Its value has fallen by 8% in the past 24 hours, while its market capitalization is currently hovering around the $6.3 billion mark.
As of now, approximately 94% of all PEPE holders are He sits On paper profits. The number jumped above 96% on May 27, when the ATH occurred.
The recent rise of the asset has allowed smart traders to make significant profits. One such investor entered the ecosystem in December 2023 recently I pulled Nearly $2.5 million. However, dealing with PEPE coins and meme coins in general remains extremely risky due to the notorious volatility of the asset class, which can lead to devastating losses.
If you're about to jump on the bandwagon, please watch the dedicated video below to protect yourself from some common mistakes:
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