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The Brett price surged 20% in the last 24 hours to trade at $0.09535 as of 00:38 EST on trading volume that soared 34% to $146 million.
This comes as Base ecosystem tokens climbed 2% to a market cap of $36 billion as investors buy the dip as the market recovers from yesterday’s crypto crash.
BRETT continues to take the lead among the top meme coins in the blockchain, with MOG not far behind BRETT.
Brett is now five months old and has a market cap of $926.7 million.
Brett Price Aims For A Continued Bullish Reversal
Since mid-July the Brett price has been unable to surpass the previous resistance zone formed at $0.16, according to data from GeckoTerminal.
The price movements below this resistance formed a head and shoulders pattern, which the bears used to drive the price below the neckline at $0.118.
With the recent crypto clash, Brett was also affected, as it dropped to as low as $0.06, a price encountered last in May.
However, the bulls seem to be using this low as a cushion to push the token up, evident with the price soaring 20% in the last 24 hours.
The Relative Strength Index (RSI) is also rebounding from below the 30-oversold level to trade within the 50-midline level, currently at 50, which shows that buyers are actively adding to their positions.
Moreover, the Moving Average Convergence Divergence (MACD) shows that the price of Brett is currently bullish, with the MACD climbing towards the neutral line. The blue MACD line also crosses above the orange signal line, which represents a bullish crossover.
Brett Price Prediction
The RSI and MACD show that Brett’s price is currently on a bullish trend reversal, as the indicators encourage investors to buy more. If the bullish rally continues, BRETT could soar back to the $0.15 resistance zone, slightly above the right shoulder of the head-and-shoulders pattern.
However, Brett still trades below both the 50-day and 200-day Simple Moving Averages (SMAs), which could encourage the bears to exert more pressure. If the bears gain control at this level, the token could retrace back to the next support level at $0.083.
Meanwhile, some investors are buying into another new Base meme coin called Base Dawgz (DAWGZ) that YouTuber ClayBro, with over 129K subscribers, says “could create millionaires.”
Base Dawg Presale Garners $2.8 Million – Next Big Meme Coin On Base?
Base Dawgz is bringing a unique multi-chain experience that offers seamless interoperability within different blockchains, spanning Ethereum, Solana, Binance Smart Chain, and AVAX. However, the team is set to launch on Base Chain.
To ensure that users can easily soar through the decentralized world without limits, Base Dawgz leverages the latest Web3 technology, including Wormhole and Portal Bridge.
Therefore, users can transact seamlessly across multiple blockchain ecosystems and have unparalleled multi-chain functionality.
The project continues to gain traction, having raised over $2.8 million in its presale.
Congrats on passing 2.8 million $DAWGZ 🥳
We’re getting closer. And hopefully we can give you an update next week 🤝 pic.twitter.com/mRvjOMwD6F
— Base Dawgz (@BaseDawgz) August 3, 2024
Buy And Stake $DAWGZ For 959% Annual Rewards
Users can benefit from the project’s staking system, which offers an eye popping annual percentage yield (APY) of 959%. The team has set aside 20% of the total token supply for staking.
Staking $DAWGZ is the best way to make some extra cash while you wait for the presale to end 🤑
If you're chasing nirvana or an active thrill-seeker, this is for you. pic.twitter.com/ggM1ibSgZd
— Base Dawgz (@BaseDawgz) July 22, 2024
The project is also set to launch the “Be Social for Airdrop” campaign to reward users with points that can later be redeemed for $DAWGZ. All you have to do is post DAWGZ-related content on X.
If you are interested in participating in the presale, you can buy the token for 0.007414. Don’t wait too long because a price hike is coming in less than 7 days.
You can buy DAWGZ tokens on the official website here using ETH, USDT, BUSD, or USDC.
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