As Shiba Inu and Pepe Coin lose popularity, a new star emerges in the meme coin market - Layer Brett, attracting traders' attention.
Shiba Inu: Price Struggles to Gain Momentum
Shiba Inu's price isn't making many headlines these days. Despite the launch of Shibarium and efforts to build utility through DeFi and NFTs, price movement has remained soft.
A major hurdle is oversupply. With massive token quantities still in circulation, even planned burns haven't made much impact on Shiba Inu's price. The community is active, but the wider retail crowd has clearly shifted focus.
Pepe Coin: Strong Start but Facing Challenges
Pepe Coin made a loud entrance in 2023, but recently interest has faded. Volume has decreased, price swings remain sharp, and the once-active community has grown quieter.
Some analysts still view it as a high-risk, high-reward option, though fewer are calling it a standout. The utility and development roadmap have not kept pace with the market.
Layer Brett: New Hope in the Meme Coin Market
Layer Brett is gaining attention for its infrastructure as an Ethereum Layer 2, allowing for faster transactions and scalability, setting it apart from other meme coins.
With a presale price of just $0.0055 and growing interest among traders, Layer Brett is already being compared to early-stage projects like Shiba Inu and Pepe Coin, making it a notable contender.
With the declining prices of Shiba Inu and Pepe Coin, Layer Brett emerges as a promising meme coin that may play a significant role in the market in 2025 due to its speed and functionality.
