The post Can BRETT Hit $1 in 2024 as Analyst Highlights Base Dawgz Potential appeared on BitcoinEthereumNews.com.

Crypto investors are buzzing as Brett (BRETT), the Base chain’s top meme coin, makes a strong comeback. And some investors are now speculating whether BRETT could hit the $1 mark by the end of 2024. Meanwhile, another Base chain meme coin, Base Dawgz (DAWGZ), is causing a stir in its presale after one influential analyst praised its potential. Brett’s Bullish Run – Is This the Start of a Rally? Let’s take a closer look at BRETT’s price situation. Currently trading at $0.131, BRETT has been on a tear, rebounding 14% from yesterday’s dip. Traders are also buzzing about BRETT clearing the 50-period exponential moving average (EMA) on the 4-hour chart. And the token is also in the process of breaking its 50-day EMA – a bullish sign. But it’s not just the technicals that are turning heads. BRETT’s seeing serious trading action, with spot volumes surging 15% to $37 million in the past day. That’s enough to make BRETT the 7th largest meme coin in the world. If that wasn’t enough, open interest is up 10%, hitting $35 million. That’s a lot of traders speculating that BRETT’s price will continue to rise in the near-term. These numbers paint the picture of a meme coin that could be on the verge of an extended rally. It’s no surprise that BRETT has made it onto CoinMarketCap’s top gainers list for the past day. Can BRETT Hit $1 Before the End of the Year? So, can BRETT actually hit the dollar mark before the end of the year? Let’s crunch some numbers. To reach $1, BRETT’s price would need to rise by a whopping 663% from its current level. That’s a tall order – but we’ve seen crazier things happen in the meme coin space. And if the token did hit $1, BRETT’s…

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Filed under: News - @ July 27, 2024 2:20 am