After just three months since its debut, the memecoin has skyrocketed to a market capitalization exceeding $1 billion, setting it apart from other popular memecoins. For instance, it took Dogecoin (DOGE) several years to reach the same milestone.
BRETT, an original character from the Boy’s Club series by Matt Furie, is the brainchild behind the famous cartoon that inspired the beloved Pepe meme and the PEPE memecoin. “We are still in the pre-game locker room for Brett,” exclaimed BRETT trader Crash, hinting at even greater potential for the memecoin.
The influx of investment pouring into BRETT reflects a sustained and significant interest in the memecoin market overall. This growing interest is poised to drive further expansion and innovation within the market.
Factors that have fueled BRETT’s remarkable growth this spring include reaching significant milestones and gaining momentum. Of particular note was BRETT’s listing on the Seamless Protocol, a renowned DeFi protocol for lending and borrowing on Base.
Base, which operates on Coinbase’s Ethereum Layer 2 (L2) blockchain, provided BRETT with increased visibility and accessibility following its listing. Furthermore, positive sentiment within the crypto market has bolstered BRETT’s optimistic outlook, with the approval of crypto ETFs, the launch of futures trading for Dogecoin on Coinbase Derivatives, and the widespread anticipation of Bitcoin hitting the $100,000 mark all contributing to creating a favorable environment for BRETT’s growth.