🚀🚀Brett Coin is in Decline: Investors Turned to the New Meme Coin 🚀🚀
Brett (BRETT) holders are worried and are quickly exiting the meme coin after the sharp price drop on Friday. Brett's price fell a further 11%, pushing its weekly losses to over 25%, and was last traded at $0.1160, a one-month low.
A loss of the $0.12 support increases the risk of further losses for Brett. Under bear market pressure, Brett holders are selling their tokens in anticipation of a retest of the $0.85 highs seen in April/May. This continues despite Brett's market cap of over $1 billion.
Although factors such as Federal Reserve (Fed) interest rate cuts and upcoming US elections may contribute to the recovery of crypto markets, it seems likely that overall market sentiment will weaken due to increased spot selling pressure in Bitcoin and ongoing miner/German government sales.
This month Mt. Payments to Gox creditors may also increase selling pressure in the market. In such a market environment, investors often turn to alternative investments that promise faster returns. Although risky, new meme coins have the potential for rapid rise. Shiba Shootout (SHIBASHOOT), a new meme coin currently attracting investors' attention, is ranked among the best meme coins and best crypto presales by Cryptonews.com analysts. Investors have taken action to explore this new and promising project.
My dear friends, do not hesitate to give your free support. I am trying to bring such news to you instantly. My only request from you is if there is anyone who does not follow me yet, I would be happy if they follow me. Do not forget to like my articles and posts.Thanks.