Brett price benefits from Binance futures listing as this new memecoin soars
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Base Dawgz could be the next big thing in crypto as it races to raise $3 million in presale.
Brett was one of the market’s top gainers yesterday, up 25% at one point.
While its price has since pulled back today, sentiment around the memecoin remains positive following its recent Binance listing.
Meanwhile, rising star memecoin Base Dawgz is cruising toward $3 million in its presale. Could this be next to explode?
Brett price soars on Binance futures listing; analyst predict big gains ahead
Brett’s recent pump should be of no surprise. Binance just announced it’ll list the Base-native memecoin for futures trading.
Since it’s a futures listing, it won’t directly impact the Brett price. This is because futures trading involves buying and selling a contract representing an asset, not the underlying asset itself.
However, with Binance showing interest, Brett fans hope a spot listing will follow. Should Brett secure a Binance spot listing, investors will be able to buy and hold Brett on Binance.
This would likely trigger massive liquidity inflows to the Base-native memecoin.
Brett hit euphoria shortly after Binance made the announcement. It soared from $0.074 to $0.1, marking a 35% uptick in under 24 hours.
However, the price quickly corrected and has seemingly found fair value around $0.09.
Currently, Brett is trading at $0.089, up 20% from its lows.
Analysts are optimistic on Brett’s upcoming trajectory. Prominent memecoin trader Max Schwartzman speculates huge gains await.
He says that as a Base memecoin, Brett is indirectly pegged to the performance of ETH. For the uninitiated, Base is an Ethereum layer 2 blockchain.
Typically, Ethereum ecosystem tokens follow the price of ETH, and this includes those on layer 2 networks like Base. Max argues that ETH could hit $10K this market cycle, enabling massive liquidity inflows into projects like Brett.
And with a potential Binance spot listing on the horizon, the floodgates could soon open for retail investors to buy Brett. This is all good news for the Base memecoin.
However, it’s not the only one showing potential. Another is the new presale token Base Dawgz, which has raised almost $3 million so far.
Trader predicts new base memecoin Base Dawgz will 100X
While native to Base, Base Dawgz will also launch on four other heavy-hitting blockchains. These are Ethereum, Solana, Avalanche, and BSC.
That’s a huge benefit over other memecoins. It means that Base Dawgz can tap into liquidity from across the industry.
Moreover, the team is strengthening its bid for memetic dominance with staking and refer-and-earn. These features reward community members with free DAWGZ while bolstering the project’s tokenomics and organic growth.
It’s also something else that sets Base Dawgz apart from other memecoins like Brett. As such, bullish predictions are pouring in.
The Cryptonews YouTube channel says that Base Dawgz “is going to explode.” RJ, an analyst from Cryptonews, praised the project’s innovative measures and said, “It’s pretty interesting with a decent amount of things that they’re doing right.”
And he’s not the only one who’s bullish. Esteemed trader Jacob Bury suggests DAWGZ could see up to 100x gains after its presale.
With multichain functionality, staking, and a referral scheme, Base Dawgz reflects the evolution of memecoins into a serious financial asset class. And investors can still buy at a bargain rate.
The presale is ongoing, and the current price is $0.008173. However, this will rise throughout the campaign.
For more information, visit the Base Dawgz presale website.
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