Brett token price rises 12%; analyst sees another 30% upside
The post Brett token price rises 12%; analyst sees another 30% upside appeared on BitcoinEthereumNews.com.
Brett, the biggest meme coin in the Base Blockchain, rose by over 12% on Friday as sentiment in the crypto and stock industries improved. Brett (BRETT) token rose to $0.133, up 31% from its lowest swing this month. Some traders believe that the meme coin has more upside going forward. Analyst is bullish on Brett In an X post, Michael van de Poppe, a trader with over 721,000 followers, noted that he was optimistic that the token would rise to $0.1712, a 30% increase from Friday’s trading level. I’ve long been a day trader, and memes are great for that perspective. A ton of volume.And there is a ton of volatility. When it comes to $BRETT, I’d like to search for longs here from this area at $0.125-0.1325 to $0.170 as a clear identification for a potential upward run. pic.twitter.com/hWmSjCZGJa — Michaël van de Poppe (@CryptoMichNL) July 26, 2024 If he is correct, Brett’s market cap will pass Floki (FLOKI), which has a market cap of $1.7 billion. Brett’s rebound happened as the Bitcoin 2024 conference kicked off today. In a statement at the event, Robert Kennedy, an independent presidential candidate, noted that he was a big supporter of Bitcoin (BTC). The event’s main headliner will be Donald Trump, who is leading in most polls, including in Polymarket. Trump is expected to reiterate his support for cryptocurrencies. Analysts are torn about whether he will announce a Bitcoin reserve at this event. Base Blockchain is doing well Brett token also rallied as the Base blockchain ecosystems continued doing well. Launched in 2023 by Coinbase, Base has accumulated over $1.6 billion in DeFi assets, making it the 6th biggest chain in the industry. It has passed popular networks like Cardano (ADA), Avalanche (AVAX), and Polygon (MATIC). At the same time, Brett and…
Filed under: News - @ July 28, 2024 3:58 am