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- BRETT, a frog-shaped meme coin, has risen nearly 400% in the past month, reaching a market cap of $1.7 billion.
- Analysts and ChatGPT believe it could surpass PEPE if current trends continue.
Brett's chances
The cryptocurrency market jumped mid-week, with the crypto sector contributing significantly to this bullish trend. Many assets of this type are well located in the green zone On a seven-day scaleWhile the group's market value approached $70 billion before falling to $61 billion after Friday's collapse.
One of these unique symbols The crypto rock star of the past few weeks has been the frog-themed Brit (BRETT). Its value has risen by almost 400% month-on-month, recently reaching an all-time high of $0.17 (according to CoinGecko data).
BRETT's market capitalization has risen to $1.7 billion, making it the 69th largest cryptocurrency and the seventh largest in its space. As such, we asked ChatGPT whether its rise will continue In the near future And whether it can overtake the leading frog-themed meme coin Pepe (PEPE).
The popular AI chatbot estimated that a coup is possible, assuming certain factors are in place. She noted that BRETT is the top meme coin in the main chain, which Supported Through cryptocurrency exchange Coinbase.
“Brett's association with ChatGPT added that the underlying chain and its growing community support make it a strong contender for PEPE's heart, especially in a bull market scenario.
The chatbot predicted a further increase in the price of the meme coin if it gained more Support from exchanges. Q Queen, PetgateAnd Bitmart holding on They are some of the companies that have already allowed the provision of trading services with BRETT.
One of the analysts who Believes That Binance listing is in the cards is an X Mac user. In their view, the largest cryptocurrency exchange could join the bandwagon if BRETT's trading volume continues at its levels.
Despite its impressive performance, The market value of the asset is still far from the market value of the competing asset. PEPE's market capitalization Pump briefly More than $7 billion at the end of May before falling to its current level of about $5.1 billion.
Is $1 valid?
The rise in Brit shares has caught the attention of many analysts, some of whom believe the uptrend is far from over. Crypto Rover, a popular X user with over 700,000 followers, claimed The uptrend “won't stop anytime soon,” envisioning $1 as the next target price.
The breakdown was also bullish, which reminds us on PEPE's market capitalization has risen from $300 million to more than $7 billion. “Now watch Brett do it,” they murmur Argue.
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