The post BRETT Pumps 17% as New Base Meme Coin Base Dawgz Nears $2M in ICO appeared on BitcoinEthereumNews.com.

Meme coins have turned green in the past 24 hours. Brett (BRETT) on the Base chain has pumped over 17%, putting an end to its downtrend. Meanwhile, dog-themed Base Dawgz (DAWGZ) is also in the spotlight and is nearing the $2 million mark in its initial coin offering (ICO). BRETT Token Roars Back to Life with Bullish Surge After a week of choppy trading, BRETT token is back. The Base blockchain’s largest meme coin has surged in the past day, reaching $0.153. This explosive move has erased most of the losses BRETT sustained earlier in the week. Spot trading volumes have jumped 15% to $91 million as speculation ramps up. Looking at the technicals, BRETT’s rally took off after rejecting support at $0.12 – a level that acted as resistance in the first week of June. With today’s pump, BRETT has also pushed above the 50-period exponential moving average (EMA) on the 4-hour chart. The next target could be $0.162 if the token can sustain this momentum. That was the local high reached during BRETT’s previous pump over the weekend before profit-taking kicked in. All in all, with BRETT now the sixth-largest meme coin by market cap, investors are once again paying attention to the token. DOGE, SHIB, and PEPE Lead the Meme Coin Rebound BRETT’s rebound is just one part of a larger meme coin resurgence. After over a week of bearish price action, these tokens are back in the green, with DOGE, SHIB, and PEPE notching solid gains. The rally could simply be them piggybacking off Bitcoin’s rebound from the $64,000 level. But regardless of the catalyst, it’s providing a launchpad for meme coins to halt their downtrends. Nowhere is this bullish energy more clear than on Coinbase’s Base chain. This year, the Layer-2 scaling solution has become…

---

Filed under: News - @ June 19, 2024 4:20 pm