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Memecoins (BONK & BRETT) Poised For Potential Gains: An Outlook

Release: 2024/07/03 00:06 Reading: 353

Original author:The Coin Republic

Original source:https://coinmarketcap.com/community/en/articles/66841e00c23cbe7a554b881d

Memecoins (BONK & BRETT) Poised For Potential Gains: An Outlook

Surging Memecoins: BRETT and BONK Show Bullish Potential

In the midst of a sluggish crypto market, memecoins have emerged as a beacon of resilience, regaining significant momentum over the past week.

BONK's Upside Trajectory

BONK, a Solana-based memecoin, has attracted over 649,000 wallets. Its active development pipeline and NFT-related projects differentiate it from its peers. Additionally, it is accepted as payment within several Solana projects, allowing users to mint NFTs with BONK.

BONK's recent bullish momentum is evident in its climb above key moving averages. As of writing, it trades at $0.0000265, with an intraday surge exceeding 10.28%. Analysts predict its potential to reach the $0.00003000 mark soon.

BRETT's Strong Contendership

BRETT, a memecoin on the Base network, has also exhibited bullish tendencies. Based on the character from Matt Furie's "Boys' Club" comic, BRETT is the largest memecoin on Base by market cap and maintains a close association with BAYC's PEPE.

At the time of writing, BRETT trades at $0.1649, reflecting a 3.28% intraday gain. Its persistent uptrend and upward momentum position it as a strong contender to excel in the coming weeks.

Disclaimer:

This article is solely for informational purposes and does not constitute financial, investment, or other advice. Neither the author nor any individuals mentioned bear responsibility for any financial losses incurred from investing or trading. Independent research is crucial before making any financial decisions.

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