The price of a frog-themed cryptocurrency jumped 130% last month, hitting an all-time high of $0.09 and a market cap of $900 million. 🐸💰
According to analysis, the value of this cryptocurrency named Brett (BRETT) may increase further and its market value may reach 1.5 billion dollars.
BRETT is a rapidly developing part of the meme coin industry. This asset, which attracted attention in a short time and became a big trend, appeared earlier this year and managed to attract the masses.
BRETT's market cap is targeting $1 billion and is currently around $900 million (according to CoinGecko data). This makes it the eighth largest cryptocurrency in its field.
BRETT's rapid rise may have been triggered by the support of leading exchanges offering trading services with it. Platforms such as Bitget, BitMart, Gate.io can be given as examples.
In addition, many analysts believe that BRETT's bull run is still in its early stages. Andrew Crypto praised the token's new ATH and predicted that it could rise to $1.5 billion if the market cap remains at its current level of around $0.09.
However, despite the rapid price increase, BRETT lags behind Pepe (PEPE), the leading frog-themed meme coin. Earlier this week, PEPE reached a new price peak, with its market cap rising above $7 billion. However, PEPE could not sustain this momentum and its value fell 8% in the last 24 hours.
Trading with meme coins can be quite risky, so caution is advised before investing.