In the crypto world, Memecoin is often seen as a short-term trend, social media virality, and short-term fame. Yet, even in this segment of crypto tokens, some tokens have a strong presence in the crypto world due to their strong community support and unique identity. Pi, Dogecoin, Shiba Inu, Pepe, to name a few, have long been on the list of crypto users and investors. One such Memecoin, Brett (Based), debuted in the crypto world in 2024, which has been a topic of discussion among the crypto community since its introduction. This Memecoin is Pepe’s best friend in Matt Furie’s Boys’ Club Comic world, but has a distinct identity due to its grounded and funny attitude. Brett is completely community-powered, and the strong crypto community is its biggest strength.
So, what is Brett? Can it become the next Dogecoin or Pepe? Let’s understand in simple language.
What is Brett (Based)?
Brett is a Memecoin launched on the Base Blockchain. This coin is not linked to any specific project or utility but is dependent on crypto meme culture and community support. The character of Brett is a cartoon-style meme, which is already known in the X and crypto communities. Brett is built on the Base Blockchain, which is Coinbase’s Layer 2 chain. Due to which it also gets the benefit of a trusted platform. Along with this, if you want to know what is Pepe , then click on this link.
Launch and Growth Story
Brett Token was launched in April 2024. Initially it was considered another Memecoin, but gradually its community grew stronger. Without any noise, Brett started growing silently. Soon, Brett surprised everyone by becoming the top performing Memecoin of the Base Blockchain. Its market cap went above $200 million, which is a huge deal for a Memecoin. If you want to know about the Top 5 Memecoins with high growth potential of the Base Blockchain then click here.
What makes Brett special
- Launching on the Base Blockchain gives it lower gas fees and indirect recognition from Coinbase.
- Its community is very active and strong.
- There is no pre-sale or team tokens, which ensures transparency.
- Brett’s character is already recognizable in crypto meme culture, making it easy for people to connect with it.
Tokenomics and Supply
- The total supply is 10 billion tokens.
- There is no tax on buying and selling.
- Liquidity has been burned, which reduces the risk of a rug pull.
- Ownership of the contract has been reassigned, making it completely decentralised.
Where is Brett listed?
Brett (Based) is now listed on several centralized crypto exchanges. These include big names like Gate.io, Bybit and Binance. Apart from this, it can also be traded on other exchanges like Coinbase, CoinDCX and OrangeX. This listing indicates the growing popularity and community support of Brett.
There is also risk involved
- There’s no real utility in it.
- The price remains very volatile.
- It completely depends on the market sentiment.
- If the mood of the meme culture or community changes, its price could fall rapidly.
What does the future hold for Brett?
As long as the Base Blockchain is growing and the crypto meme culture is alive, Brett has opportunities. People have even started calling it the Pepe Coin of the Base Blockchain. If Coinbase makes its Layer 2 more popular, Brett could get an organic boost. However, relying solely on memes for long-term investment can be risky.
Brett is proof that sometimes a good meme and a strong community can do a lot in crypto. Brett’s makers have made every effort to make it investment friendly and risk-proof. Still, until real utility is developed, the risk remains. If you are a high-risk, high-reward investor, Brett can be an entertaining and profitable ride. But do your research before investing, because betting on a memecoin can be both a rocket and a rut.