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BRETT memecoin reaches $1 billion market cap
The memecoin, which debuted three months ago, now boasts a market capitalization of over $1 billion,
This meteoric rise is remarkable when compared to other popular ones memecoin. Dogecoin (DOGE), for example, it took several years to reach the same goal.
BRETT is an original character from the Boy’s Club series created by Matt Furie, who also created the famous cartoon that inspired the popular Pepe meme and the PEPE memecoin.
“This isn’t even pre-game warmups. We are still in the pre-match locker room for Brett,” the BRETT Crash trader said.
The influx of investment into BRETT indicates sustained and significant current interest in the memecoin market all in all. This interest is likely to fuel further growth and development of the market.
Factors fueling BRETT’s growth
This spring has been a success for BRETT, with major milestones and growing momentum. In particular, one of the highlights was the listing of BRETT on the Seamless protocola popular DeFi protocol for lending and borrowing on Base.
Base is Coinbase’s Ethereum Layer 2 (L2) blockchain. The listing increased BRETT’s visibility and accessibility, leading to the memecoin’s growing market capitalization.
Additionally, positive sentiment within the cryptocurrency market has strengthened BRETT’s bullish outlook. The approval of crypto ETFs, the start of futures trading for Dogecoin on Coinbase Derivatives, and widespread anticipation of Bitcoin finally reaching the $100,000 mark have helped foster a favorable environment for BRETT’s growth.