BRETT, a frog-themed meme coin, has been making waves in the cryptocurrency world with a 30% surge in just 24 hours, bringing it close to a new all-time high price. Despite this impressive rise, PEPE remains the dominant player in the frog-themed meme coin sector, boasting a market cap of over $6 billion.
BRETT was introduced three months ago but gained significant attention towards the end of March due to its exponential price increase. The coin hit an all-time high of over $0.12 on June 2, with a market capitalization exceeding $1.2 billion. Despite a brief dip on June 3, BRETT is still performing well today, recording a 30% price increase.
Industry experts have taken notice of BRETT’s success, with some predicting that the coin could reach the $3-$8 range and become one of the top 20 cryptocurrencies. However, PEPE remains the top frog-themed meme coin, with a market cap of more than $6 billion. Despite a recent pullback, PEPE holders are still largely in profit, with nearly 90% of investors seeing gains.
Investors in PEPE have seen substantial gains, with one investor cashing out approximately $2.5 million after getting in on the action in December 2023. However, the volatility of meme coins like PEPE and BRETT makes them risky investments. Those looking to enter the ecosystem are advised to watch a dedicated video to protect themselves from common mistakes.
Overall, the rise of BRETT and the continued success of PEPE highlight the growing popularity and potential profitability of meme coins in the cryptocurrency market.