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Meme Coin Brett Gains Popularity Due to Whale Activity

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by A1

2 days ago


Meme coin Brett experiences significant growth driven by whale investments and support from the Base network.

Price Rise and Investor Activity

Brett's price reached $0.1350, a 25% increase from December lows. This growth is driven by positive crypto industry expectations post-holidays. Key factors include Trump's inauguration, potential changes at the SEC, and FTX estate returns. A notable whale investor acquired $1.7 million in Brett tokens, now holding $2.1 million.

A whale investor's purchase significantly influenced Brett's rise.Source: Nansen

Support From Base Network

Brett's rise mimics Base network's development, which is a leading L2 network in DeFi with a large transaction volume on decentralized exchanges.

Price Patterns and Brett Forecast

The chart shows Brett's technical rise, including a falling wedge and a cup and handle pattern, potentially leading to a rise to $0.3335. Falling below $0.10 could alter the bullish outlook.

With whale investments and Base network trends, meme coin Brett shows positive growth prospects.

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