The post Base memecoin Based Brett threatens to flip Solana’s BONK appeared on BitcoinEthereumNews.com.

Based Brett is off to a ripper onchain summer. Base’s biggest memecoin has gone from under $10 million market capitalization to nearly $2 billion in 101 days. BRETT is now a whisker away from flipping Solana dog coin BONK (there’s less than 7% between them this morning).  BONK hit an all-time high in March and has since retraced by about 40%, while BRETT — which launched only days earlier — has gone 200x. BRETT would still need to flip WIF to properly unseat the Solana dog coins Read more: These cryptocurrencies hit all-time high alongside bitcoin’s recent pump It’s rare for memecoins to grow that big so quickly. Compiling market data for about two dozen of the biggest memecoins out there shows BRETT was the third-fastest to hit a $1.5 billion market cap.  The other Solana dog coin, dogwifhat, did it in about 80 days, a slightly quicker timeframe. Meanwhile, it took floki — Binance Smart Chain’s top memecoin named after Elon Musk’s dog — another three weeks to do the same. Pepe, on Ethereum, otherwise briefly hit $1.5 billion in the first 20 days but soon corrected to well under $500 million. It took almost a year for PEPE to run it back. Most memecoins are stuck below $1 billion for at least their first 200 days BRETT and PEPE share a parallel crypto universe. They’re both homages to characters in Matt Furie’s webcomic Boy’s Club, which is centered around four college roommates hanging out and playing video games. Read more: Empire Newsletter: Based Brett kicks off onchain summer There’s Andy, a dog-like character that eats hot dogs, Landwolf, a scruffy party dude, Pepe the Frog, a “little-brother” type that goes with the flow, and Brett, a tall blue creature who really likes to dance. Neither BRETT or PEPE…

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Filed under: News - @ June 10, 2024 3:28 pm