AMSTERDAM, Netherlands, April 8, 2024 (Globe Newswire) — Amid the whirlwind resurgence of cryptocurrencies, the world's attention is once again focused on the digital asset space. Bitcoin's all-time high in the first week of March sparked a frenzy, with ETF approvals coming fast and furious as everyone looks to secure their position in this ever-evolving game. and are competing for the lead.
The realized profit and loss (PNL) from this latest investment is nothing short of impressive, and has caught the attention of BlackRock's experienced managers. Among the central players in this new frenzy are the major exchanges, each vying for a strategic foothold in the market.
Known as the leading regulated exchange in the cryptocurrency space, Coinbase made waves with the launch of Basechain in 2023. This week they made another major announcement, unveiling a new smart wallet and revealing ambitious plans to bring over 1 billion users on-chain.
Inevitably, retail investors returned to the fray, particularly flocking to well-known meme coin leaders such as DOGE, SHIBA, WIF, PEPE, and FLOKI, all of which are listed on Binance and have seen remarkable performance during this rally. I am experiencing improvement.
As speculation swirls as to which name will emerge as the leader of Coinbase's base chain, one candidate that has garnered a lot of attention throughout March is BRETT. Created by PEPE like-minded Matt Furie, his BRETT resonates deeply with the “degen culture of cryptocurrencies” and is generating excitement among enthusiasts.
For those skeptical of the power of meme culture in the cryptocurrency space, a notable aspect of this resurgence is how BRETT's popularity coincides with Coinbase's PlasmaChain announcement. This coincidence further raises expectations regarding the potential rise of BRETT and suggests a symbiotic relationship between meme culture and institutional support.
Traders and retail investors alike are beginning to speculate that BRETT will mirror the success of PEPE and WIF, especially given the context of Coinbase's latest announcement. Legacy markets and institutional investors appear unfazed by the memecoin’s rise, as evidenced by the market’s sustained volume.
With BRETT reaching the 650 million mark in the first week of March alone, the untapped potential as a meme leader on PlasmaChain is clear. Being a strong front runner among new chains and backed by Coinbase's announcement, BRETT may be poised to join the ranks of crypto legends.
Check out BRETT:
Tg: https://t.me/basedbrett
X: https://twitter.com/basedbrett
Website: https://www.basedbrett.com/
CONTACT: Eray Alkan brettonbase-at-protonmail.com
