Brett price surges 23% to become first meme coin to hit $2 billion market cap; this meme coin ICO soars like crazy

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Brett prices surged 23% in the past 24 hours, trading at $0.177 as of 7:45 a.m. ET, as investors rushed to accumulate the underlying token.
As the largest base token by market cap, the recent increase in BRETT price has brought the cryptocurrency market cap close to $2 billion. After the latest growth, BRETT’s market cap exceeds $1.77 billion.
Brett price breaks out of its positive price channel

BRETT/USD 4-hour chart (Source: GeckoTerminal)
In the past 8 hours, Brett price has broken above the $0.1597 resistance level. It has also broken out of the ascending channel that was formed in the past few days.
If the cryptocurrency closes above this threshold within the next eight hours, it could have a solid technical base to move higher. As a result, traders might consider entering a long position in BRETT, which could push the memecoin’s value above $0.1931.
On the other hand, the bull thesis might get invalidated if the Brett price breaks below the $0.1597 level within the upcoming 8-hour period. In this alternative scenario, the memecoin might face the risk of dropping to the $0.1309 support level.
A drop in BRETT to $1.1309 would place it at the lower boundary of the aforementioned price channel. Therefore, the loss of this critical support by Brett price could put it at risk of plummeting to the $0.0859 level in the coming days.
Brett price approaches key technical level
Technical indicators on BRETT’s 4-hour chart suggest that the token’s price is expected to maintain the bullish support needed to rise over the next 24 hours. However, the cryptocurrency is approaching a critical moment that could lead to a correction.
The Moving Average Convergence Divergence (MACD) indicator shows that BRETT is in a short-term positive cycle. This can be seen on the 4-hour chart as the MACD line is above the MACD signal line.
Additionally, the MACD line is continually moving above the MACD signal line, which could be viewed by traders as a sign of increasing bullish momentum for BRETT.
However, traders may want to keep an eye on the Bollinger Bands (BBANDS) as Brett price approaches the upper limit of the volatility indicator. This band has become a strong resistance for BRETT in the past few weeks.
If history repeats itself, this memecoin could experience a correction soon. Another point to note is that the Bollinger Bands are aligned with the upper boundary of the ascending price channel as well as the $0.1597 resistance. Therefore, BRETT needs to confidently clear this hurdle before long traders can consider buying this coin.
As the price of BRETT surges toward a $2 billion market cap, the new base memecoin presale Base Dawgz (DAWGZ) has raised $500,000 in just three days.
Providing investors with a unique multi-chain experience
Base Dawgz hopes to attract investors who are "eager for adventure and innovation" through a unique multi-chain experience. Although the main network of the token is Coinbase's Base network, it can also be traded on popular networks such as Solana, Ethereum, BNB Chain, and Avalanche, making the cryptocurrency truly interoperable.

Additionally, its presence on some of the most active and liquid blockchains means that investors can participate in DeFi opportunities whether or not they are on the Base network and earn high yields whenever those opportunities arise.
Although DAWGZ is a meme coin, the canine-themed cryptocurrency is backed by strong cross-chain technology. More specifically, the project leverages the messaging protocol Wormhole and the blockchain bridging system Portal Bridge, allowing investors to seamlessly transfer value between networks.
Investors have big expectations for DAWGZ
Within minutes of the memecoin being listed, DAWGZ’s ICO had raised over $200,000 and has raised over $456,000 so far.
Crypto YouTuber ClayBro said he is bullish on the coin and believes it could break out as retail investors enter the crypto space again.
He also explained the project’s innovative share-earning model, where anyone who shares the cryptocurrency through an automatically generated affiliate link earns a 10% commission on any products purchased by the referred person.
To participate in DAWGZ at this early stage, investors can utilize a simple purchase widget embedded on the project’s official website.
The memecoin is priced at $0.00479 and can be purchased using BASE, ETH, BNB, AVAX, and SOL. Anyone looking to buy may need to hurry as the price is set to rise in less than four days.
Buy DAWGZ here before the next price increase.