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Base meme coin Brett (Based) (CRYPTO: BRETT) continues to draw attention, with Brazilian football legend Ronaldinho being the latest to notice the popular meme coin.
What Happened: Ronaldinho tweeted he is seeing Brett everywhere, saying he is “curious about what it could do in Brazil.” Whether the tweet was a sponsored engagement is unknown.
One trader mentioned that Brett is marketing itself like a worldwide brand outdoing its rivals Pepe (CRYPTO: PEPE) and Shiba Inu (CRYPTO: SHIB). Another trader stated that as mass adoption comes to the Base chain, Brett is likely to catch up to Pepe in price action.
Price Action: In the past 24 hours, BRETT is up 2.5% higher to $0.1596. It is up around 36% over the past 30 days.
Also Read: ‘Pepe’s Best Friend’ Brett Up 14% On The Week: $10B Market Cap Is Next,’ Exclaims Trader
Another trader noted that Brett’s "upside potential is huge from here." He points to Brett’s accumulation range around $1.5 billion as a healthy sign. The trader predicted, "Once we enter price discovery soon, I won't be surprised to see this rip hard to $1 for a 555% move from here."
What’s Next: The influence of meme coins and Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19.
Image created using artificial intelligence with Midjourney.
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