Shiba Inu’s price action in recent days has been largely subdued. Many traders would argue that it has had the most disappointing meme performance lately. Meanwhile, a new technical analysis suggests that Layer Brett could be the breakout contender to recoup losses. As the meme coin sector readies for a turbocharged cycle, Layer Brett, with its 0.0053 presale access, is attracting interest.
Layer Brett (LBRETT): The breakout alternative offering substance over hype
Layer Brett might be small compared to the Shiba Inu coin, but this project is aiming for giant leaps. It has emerged as one of the most talked-about meme tokens of the year, combining viral energy with real blockchain features. Unlike many meme coins that depend on market recognition, Layer Brett is backed by Layer 2 scalability and solid market fundamentals.
Investors are already taking notice of Layer Brett’s potential even before it hits major exchanges. The presale has achieved massive success, raising $2.5 million from more than 5,000 holders. Early investors paid $0.005 at launch and now sit on 6% unrealized profit just within days. This means buyers still have a lucrative opportunity to get in at 0.0053 before adoption grows massively in Q4.
Beyond speculative gains, Layer Brett offers early stakers over 1K% returns through DeFi staking. The platform features gamified staking, NFT integration, and community-driven growth, positioning it as a top long-term crypto contender. The market is already buzzing, and by 2027, Ethereum Layer 2 solutions will handle over $10 trillion yearly.
Layer Brett is in a good position to seize a significant chunk of these inflows for investors. With meme energy fueling its momentum and real utility supporting long-term growth, analysts believe Layer Brett could achieve 50x to 100x ROI. From its current presale price, such an increase can turn early buyers into big winners.
On-chain metrics reflect declining sentiment amid Shiba Inu’s range-bound movements
Shiba Inu has long been a crowd favorite, but its chart suggests hesitation. Trading around at a crucial point, SHIB has developed a Cup and Handle pattern that can accelerate to $0.0000179 in case the resistance at $0.00001410 is breached. The average daily trading volume increased by 118 percent to $361 million, signaling that there are still buyers out there.
However, not all signals are bullish as range-bound momentum continues. In fact, the $0.0000103 support level is weak, and any fall below this value will negate a bullish Shiba Inu price prediction. According to analysts, whale wallets have been dispensing rather than hoarding tokens, which is a burden to long-term growth.
Unsurprisingly, market sentiment is tanking fast. CoinGlass data shows that Shiba Inu’s Open Interest is currently at $190 million. It’s down significantly from its July peak of $328 million, which followed its slight correction. Since then, the OI has declined daily, indicating a drop in interest in the meme coin among traders.
Conclusion
The story unfolding with Shiba Inu’s current price analysis is about market rotation. As traders grow cautious of the range-bound price action of Shiba Inu, Layer Brett, is emerging as the alternative with substance. By combining viral meme energy with genuine Layer 2 utility, the top meme coin has managed to attract strong market interest.
For traders searching for the new 100x meme coin, the answer may be right here, quietly slipping away.
Don’t miss your chance to join the next top meme coin and stake for potentially life-changing rewards.
Website: https://layerbrett.com
Telegram: https://t.me/layerbrett
X: (1) Layer Brett (@LayerBrett) / X
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