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The Brett price soared 9% in the last 24 hours to trade at $0.1356 as of 03:47 a.m. EST on trading volume that skyrocketed 110% to $93 million.
This comes as Base ecosystem meme coins collectively soared 5% to a $3 billion market capitalization with BRETT and MOG leading the pack.
Brett Price To Soar Higher Over The Rounding Bottom Pattern
The Brett price has been on a downtrend in July, dropping from the $0.17 resistance zone to the $0.1066 support zone, according to data from GeckoTerminal.
In the last week, the price of Brett dropped to $0.1087, before soaring to $0.14, forming a rounding bottom pattern. BRETT price bulls aim to capitalize on the rounding bottom to push the token up, as the price trades above both the 50-day and 200-day Simple Moving Averages (SMAs).
Moreover, the Relative Strength Index (RSI) is trading downwards from the overbought region, currently at 50, as the price drops from the $0.14 resistance, which signifies intense selling pressure.
If the bears continue exerting more pressure, the price of Brett could retrace further to the $0.1267 and $0.1191 support levels (50-day SMA and 200-day SMA).
However, with the RSI moving down, the asset could soon become undervalued, potentially opening up more buying opportunities for the bulls. In this scenario, the BRETT price could soar higher above, as the bulls target $0.17.
As the Brett price bulls aim to push the token up, other Base meme coin enthusiasts are betting on new Base meme coin Base Dawgz (DAWGZ) to become the next BRETT.
Base Dawgz Presale Garners Over $2.5 Million – A Promising Alternative?
Base Dawgz has just blasted past $2.5 million in funds raised in its blockbuster presale.
We did it $DAWGZ!
$2.5 MILLION reached 🪂 we're soaring now and it doesn't look like we're slowing down 🤩 pic.twitter.com/XY0rUztKpV
— Base Dawgz (@BaseDawgz) July 15, 2024
While the Base blockchain is its home, Base Dawgz offers a unique multi-chain experience with seamless interoperability across Ethereum, Solana, Binance Smart Chain, and Avalanche.
Holders can stake DAWGZ tokens to earn an impressive 1,522% annual percentage yield (APY). The team has already set aside 20% of the total token supply for staking.
Currently, investors have staked about 21% of the 1.69 billion presale tokens, clearly showing their long-term bullish outlook for Base Dawgz.
The project is also set to launch the “Be Social for Airdrop” campaign to reward users with points. All you have to do is use your X account to create and share memes and other content about Base Dawgz. After the presale ends, users will be able to exchange these points for $DAWGZ tokens.
According to ClayBro, a crypto analyst on YouTube with over 129K subscribers, $DAWGZ “could create millionaires.”
If you are interested to join the presale, you can buy DAWGZ tokens for $0.006405 each. But don’t wait too long because the price will increase in less than seven days.
You can buy DAWGZ tokens on the official website here using ETH, USDT, BUSD, or USDC.
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