SEO news: Brett coin Plummets 32% Amidst crypto Crash
Brett Price Analysis – Further Selling to Come?
As the seventh largest meme coin by market capitalization, Brett ($BRETT) has experienced a sharp decline of 32% in response to a market-wide crypto crash. Within just the last hour, Brett has fallen by 8%, showcasing the rapid downward momentum of the crash.
Currently priced at $0.06168, Brett is trading approximately 55% lower compared to its value from the previous week. The token's price chart indicates a significant drop below its summer support level of $0.10, marked by the green line.
Although it remains uncertain if long-term Brett holders have witnessed the bottom yet, it is unlikely that the meme coin will swiftly reclaim its previous highs of $0.17. Throughout late June, Brett encountered resistance at the $0.17 mark after stepping back from its all-time high of $0.1933 on the 9th of the same month.
crypto’s Biggest Collapse Since 2021
The recent cryptocurrency market crash appears to stem from various factors, with investors ditching their holdings amidst a global stock selloff driven by concerns over the economic forecast and escalating geopolitical tensions in Eurasia.
Leading the downward spiral, bitcoin ($BTC) has recorded its most significant losses since the FTX crisis in 2021. Over the past 24 hours, the flagship cryptocurrency has shed 16% of its value, with a week-long decline of around 26%. bitcoin is currently valued at $51,351.
Collectively, the global cryptocurrency market has suffered a staggering 17% drop overnight, now standing at a total market capitalization of approximately $1.87 trillion. Within the meme coin sector, where price fluctuations tend to be more pronounced, a 24% dip has occurred, bringing the sector's overall value to $32.1 billion.
While Brett Crashes, Optimistic Traders Eye The Meme games
Amidst the widespread market turbulence, a new presale has emerged, offering a unique take on the meme coin craze. Introducing The Meme games ($MGMES), an Olympics-themed token that has garnered a notable $338,000 investment thus far.
Investors in MGMES are encouraged to select their preferred meme coin avatar, choosing from options like Dogecoin, pepe, DogWifHat, Brett, and Turbo. Participants will witness these avatars race for a one-in-five chance to secure a 25% bonus on their initial purchase.
Currently priced at $0.00915 during its presale phase, MGMES will incrementally rise to $0.0092 over two days. Investors can acquire 10,000 MGMES tokens at just $91.50 today, marking the lowest price point for this token throughout the presale period.
This unique opportunity allows participants to stake tokens during the presale, offering an attractive 638% APY at present. To maximize returns, early and substantial staking is recommended, with staking exclusively available on the ethereum platform.
Contrary to Brett's fluctuating value in response to market conditions, MGMES presents a more stable investment option that remains unaffected by the ongoing market crash. Interested parties can engage with The Meme games' project website and whitepaper for further insights.
For more information and to join the presale, visit The Meme games' official website.
