The price of Brett (BRETT), a meme coin originating from the same comic as Pepe Coin (PEPE), has experienced a significant surge as risk appetite in the crypto markets increases. With a market cap surpassing $1.2 billion, Brett's price is currently trading around $0.122, according to DEXTools.

The recent surge in Brett's price can be attributed to several factors. Successive US data releases strengthening Fed rate cut bets, swelling demand for spot Bitcoin ETFs, and narratives surrounding Brett becoming the first billion-dollar meme coin on Base have all contributed to its upward momentum.

Brett's Market Cap Surpasses 20% of Pepe Coin's

Despite having nearly 10x fewer followers on X compared to Pepe Coin, Brett has managed to accumulate a market cap of over 20% of Pepe's. However, some analysts suggest that Brett's current valuation may be overextended relative to the size of its community.

The price of Brett has skyrocketed more than 1,000x from its launch price, but its bloated market cap may limit further gains. While a 10x increase in price is still plausible if its community continues to grow rapidly, the likelihood of a 100x surge to above $100 billion is doubtful.

Traders Seeking 100x Gains Advised to Explore New Meme Coins

For traders seeking 100x gains, exploring newly established meme coins may offer better opportunities. One such coin gaining attention is Base Dawgz (DAWGZ), a Shiba Inu-themed meme coin that operates across multiple blockchains.

Base Dawgz Offers Cross-Chain Bridging and Potential Passive Income

Base Dawgz (DAWGZ) has already garnered significant interest, with its just-launched presale attracting over $260,000 in investments. With features like cross-chain bridging capabilities and potential passive income through staking and airdrops, DAWGZ presents itself as a promising investment opportunity.

Investors are advised to conduct their own due diligence before investing in meme coins, as they are inherently risky assets. While gains cannot be guaranteed, DAWGZ is considered one of the top Base chain meme coins to watch.