BRETT, the memecoin established just three months ago, is the biggest gainer of the day having surged by 14%. At the time of writing, CoinMarketCap (CMC) notes that the coin still holds 8% and trades at $0.1609. Inspired by a “Boy’s Club” comic character, the meme currency traded every day for $72 million during this period.
BRETT, with its market value of over $1.6 trillion, has also ascended to rank 56th among all cryptocurrencies a remarkable feat. However, even with this exceptional performance, BRETT is down 17% from its all-time high of $0.1939.
Solana Memecoin BRETT Surges Amid KuCoin Announcement And Market Recovery
The price of BRETT has lately increased in conjunction with a June 25 announcement by the Crypto exchange KuCoin about an upcoming Twitter Space fireside conversation with the BRETT team.
A lot of community interest in this event has come from the possibility of winning $1,000 in BRETT through a giveaway. This giveaway might have started the price rise for the token and increased trading volume.
Complementing the good attitude, well-known trader Andrew Crypto (@MrTastycalls) voiced his expectations for the coin. BRETT is bouncing and breaking out on shorter time frames; he noted this and might predict that the coin will achieve $0.20 next week.
The most recent surge in the BRETT memecoin lines with signs of general market recovery. Rising by 1.2%, CMC estimates show that the global market today amounts to $2.28 trillion. Other Solana-based memcoins are accumulating among this more general growth in the crypto market.
Among notable successes are Dogwifhat (WIF), up by 10%, Pepe (PEPE), which surged by 9%, and Bonk (BONK), with a tiny gain of 4%. As BRETT picks speed, investors and fans are closely watching and hoping for a consistent rise in the following few days.