BRETT Price Prediction: BRETT Cryptocurrency Falls 10% as Traders Use This Solana Airdrop Meme Coin for 100X Potential.

adminMay 1, 2024

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Amid a 40% surge in trading volume, Brett’s price has fallen 10% over the past 24 hours to $0.03210 as of 5:25 a.m. ET.

This follows claims that insiders owned more than 81% of the tokens and that it was not a fair launch.

thread about how $BRETT In reality, it wasn’t a fair launch, with insiders holding over 81% of the supply before most people could buy it.
people like it @InvestWithRex I earned almost 1600 ETH from the tokens I earned for marketing purchased during the whitelist phase. pic.twitter.com/kpgiEvEMrY
— Shady (@shady_oak1) April 25, 2024

Brett Price continues to receive negative publicity.

The BRETT meme coin ran into controversy shortly after its launch. One of the insiders, @CrashiusClay69, said he first shared the token when the market cap was $2 million. However, traders who bought BRETT tokens early enjoyed profits of up to 400x, which quickly led to a surge to $850 million.

i share $BRETT With a market capitalization of 2M
After that it went up to 850M.
And that amounts to billions of dollars.
I’m honored that so many people can say that their lives have changed.
TRUE If giving away 400x+ items to everyone is a “scam”
More people need to start scamming 😹
Because this was nothing… https://t.co/8br1AjnBT7
— Crash (@CrashiusClay69) April 26, 2024

The controversy began when reports spread that insiders held more than 81% of BRETT tokens. This caused its market capitalization to plummet from $500 million to more than $286 million as of press time. Brett prices are also down nearly 83% from their all-time highs.

80% were never revealed until they were discovered. They all acted as if their first purchases were made at a much higher MC just before launch, when in fact they were much earlier.
And when you look at projects featuring Poe, Your Pop, Henok and their crew, you’ll realize:
— Caesar (@CaesarsCalls) April 26, 2024

Brett Price Prediction

Brett price is in a downward trend, making lower highs and lower lows. Some say it is consolidating within a falling wedge, a bullish reversal technical structure.

However, with the Relative Strength Index (RSI) hitting low highs, Basemem Coin may have further downside momentum before recovering.

Bearish sentiment continues to abound in the BRETT ecosystem, which continues to grow in negative territory, as evidenced by the red histogram of the Awesome Oscillator (AO).

As traders continue to exit the BRETT market, Brett price could move lower and potentially revisit the $0.02323 depth. In severe cases, the bridge may be lowered further to mop up sell-side liquidity, which continues to remain below the levels corresponding to the aforementioned April 27 trading session.

brett price

TradingView: BRETT/USDT 1-day chart

On the other hand, if the bearish chart pattern is activated by BRETT bulls who see the correction as a buying opportunity, the BRETT price may recover. A blockade of $0.04768 turning into support would be a good signal that could potentially lead to more buy orders.

However, for the prevailing bearish theory to be invalidated, the bulls will have to push Brett price above the $0.08028 hurdle. Traders looking to take a long position on the BRETT token will have to wait for Brett price to close above the $0.04768 resistance level and RSI to reverse above its average level of 50.

If you are not willing to buy the dip with BRETT, you may also consider diversifying your risk with SMOG, an uncontroversial ecosystem.

Some traders are already switching to this Solana airdrop meme coin as YouTube channel 99Bitcoins, which has over 700,000 subscribers, predicts that it has the potential to generate 100x returns upon launch.

A promising alternative to BRETT

Smog is one of the most talked about meme coins of 2024 after appearing on the Jupiter DEX. The project runs on the Solana blockchain and has already entered the top 30 meme coins by market capitalization.

Latest Solana Meme Coin Smog Erupts into Jupiter DEX Through Airdrop Campaign https://t.co/Z7vH9TbvgV
— Crypto24 Club (@crypto24club) February 8, 2024

Smog promises to be the mother of all airdrops, and for this effort, the project has allocated 35% of its total token supply (1.4 billion tokens) to giveaways.

Smog tokens are airdropped after completing 11 million quests.

The first season of Smog airdrops rewarded $SMOG token holders on Zealy for participating in the project’s quest board and completing daily quests and community tasks for XP.

Smog donated $1 million in the first airdrop season, which ended on April 3.

smog smog

Season 2 began on April 4, this time evaluating token holders’ on-chain activity to determine airdrop rewards.

With the development team hinting at the possibility of a new listing on a top exchange soon, now could be a good time to buy considering the hype that comes with such a development.

If you’re intrigued, visit here to purchase SMOG tokens.