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BRETT v PEPE: Where Will Short-Term Inflows Accumulate?

Release: 2024/06/07 06:10 Reading: 603

Original author:Coingape News Media

Original source:https://coingape.com/?post_type=trending&p=200962

BRETT v PEPE: Where Will Short-Term Inflows Accumulate?

Meme Coins Surge as Market Sentiment Turns Positive

Meme coins, led by BRETT, have experienced a significant upswing this week, triggering a broader rally in the crypto market.

The meme coin market capitalization has reached $68.8 billion, marking a 1% increase. Notably, several assets have recorded triple-digit gains. Among the top performers are PEPE and BRETT, which have witnessed impressive daily trading volumes. BRETT's weekly volumes have outpaced other meme coins.

Despite a recent market correction, crypto enthusiasts remain optimistic about the outlook for BRETT and other meme coins.

BRETT Defies Market Correction

While intraday trading has seen some outflows in the meme token sector, BRETT has bucked the trend with an 8.2% gain. The token is currently trading at $0.1353.

BRETT's weekly growth stands at 43.8%, and its monthly gains have reached 253%, according to CoinGecko data. This bullish momentum has been fueled by positive sentiment, with BRETT outperforming the wider market correction.

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