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The Brett price plummeted 7% in the last 24 hours to trade at $0.07195 as of 3.45 a.m. EST on trading volume that surged 86% to $16.6 million.
The popular meme coin has seen an even stronger drop on a weekly basis, where its price fell by 22%. It is also down 38% compared to Aug. 2. The BRETT price has seen a few surges throughout the past month, which negated many of its price drops. Ultimately, however, it has been fluctuating between a resistance at $0.10 and a support at $0.070 in the past 30 days.
However, the bearish market still pushed its price down alongside the rest of the crypto industry. Together the likes of Bitcoin, Ethereum, BNB, and others among the largest cryptocurrencies dropping by 10% or more on the weekly time frame, the meme coin sector followed. In fact, many of the top meme coins saw even stronger price drops during this period.
Dogecoin is down 13% weekly, Shiba Inu 12%, and Pepe by over 20%. The percentages only increase from there, while on a daily basis, all of the top meme coins are down anywhere from 4% to over 16%.
Brett Price Prediction
After seeing a sharp drop in the last 24 hours, the Brett price spent the last 10 hours or so fluctuating between $0.072 and $0.073. However, its technical indicators suggest that the token could see its price surge in recovery.
BRETT’s Bollinger Bands, for example, started seeing a major widening. The meme coin’s price is currently pushing the upper band further up as of the time of writing. These are both very bullish signs, especially coupled with the fact that it is the start of the new week as well as a new month.
Historically, September was not among the crypto industry’s most profitable months, but then again, August was never the most active month, either. Despite this, August 2024 has brought a lot of activity and volatility to the sector, so the industry might see further changes. This could include the start of the next big rally this September.
Apart from the Bollinger Bands, Brett has also seen its Relative Strength Index (RSI) value shoot up from the value of 38.34 past the neutral area, and into the overbought zone. This suggests that traders have started buying massively this Monday morning and that the BRETT price is likely to respond with a surge that could possibly take the token back to $0.076.
If the meme coin overcomes this resistance, BRETT could continue to surge up and recover from weekly losses, especially if the rally goes market-wide. Of course, there is still a lot of risk involved, as the price can easily turn around soon should traders take profit once the RSI crosses the value of 70. Therefore, anyone buying BRETT in the near future should remain cautious.
Promising Alternative To Brett
After seeing a 7% price drop in the last 24 hours, Brett is showing signs of an upcoming recovery. However, with the market still split between the bulls and the bears, there is no way of telling whether the wider market sentiment will pull the meme coin back down before it can recover from the recent losses.
This makes Brett a risky purchase right now, so unless you are certain about what you are doing, it might be better to buy a high-potential alternative. Base Dawgz (DAWGZ), with its cross-chain capabilities, could be one such alternative. As the name suggests, Base Dawgz is another meme coin developed on the Base blockchain. However, it is not strictly limited to Base.
Once it goes live, its native crypto, DAWGZ, will emerge on five different blockchains simultaneously — Base, Ethereum, Binance Smart Chain, Avalanche, and Solana. The multi-chain project will even allow users to seamlessly transfer their funds from chain to chain thanks to technologies such as Wormhole and Portal Bridge. As such, DAWGZ holders will not need stablecoins, wrapped cryptos, or crypto conversions to move their funds between the largest and busiest blockchains anymore.
The $DAWGZ presale has ended!
You are still able to buy the token at listing price if you so wish. Please stay tuned for more info.
DEX launch date: 4 September 2024, 5pm CET 🪂 pic.twitter.com/B9gFx6Yju6
— Base Dawgz (@BaseDawgz) August 28, 2024
The token recently concluded its presale, and in only two days, it will see its first DEX listing. Once this happens, many expect its price to skyrocket due to demand. Despite the fact that the ICO has officially ended, DAWGZ still allows users to buy its tokens between the end of the ICO and the DEX listing. As such, you can purchase it right now with ETH, BASE, USDT, USDC, BNB, BUSD, AVAX, or SOL. So far, the project has raised over $3.24 million, and the meme coin is selling for $0.008582.
Experts such as crypto YouTuber ClayBro have recommended buying DAWGZ and not missing this last chance to get the meme coin before its DEX listing.
Visit DAWGZ’s official website.
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