The post Pepe Unchained aims to disrupt the memecoin scene appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Brett and Bonk are set for a showdown in October, while Pepe Unchained aims to disrupt the memecoin market with its unique L2 blockchain. Brett and Bonk have become two of the most iconic memecoins in 2024, but which will emerge as the winner in October? That’s the question that we’ll be answering in this article. High liquidity, low competition – Brett is primed for explosive growth October, sometimes called ‘Uptober,’ is historically a bullish month for cryptocurrencies.  And in bullish periods, the memecoin sector often makes the biggest gains. Take today, for example. The total crypto market cap is up 2.3%, but the memecoin market cap is up 4.2%. So given what we know about October, this is an exciting time for memecoin fans. But which will perform best – Brett or Bonk?  Each has a unique market position in its respective domain. While Brett is the largest memecoin on the Ethereum layer 2 blockchain Base, Bonk is the second-largest memecoin on Solana. There’s a strong bull case for both. In Brett’s favor, it essentially has a monopoly over Base. With a $863 million market cap, it’s almost 10x bigger than second-in-command Degen, which is worth $89 million. Moreover, Base does not have a native token. This means that many traders who want exposure to Base will invest in Brett.  For the uninitiated, Base was created by centralized exchange Coinbase, which provides Brett with a lot of credibility. Furthermore, since Base is an Ethereum layer 2, moving funds between Base, Ethereum, and other layer 2s is effortless. Therefore, it has potential for huge capital inflows, much of which could be directed to Brett. And on price action, analyst…

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Filed under: News - @ September 25, 2024 8:19 pm