Layer Brett: The Next Shiba Inu Ready to Flip Solana?
Layer Brett Could Steal the Meme Coin Crown from Solana
The meme coin market is seeing a shift as traders look beyond the crowded Solana ecosystem. While coins like Pengu, BONK, and Fartcoin have had their pumps, attention is increasingly focusing on Layer Brett (LBRETT), a new meme coin built on Ethereum Layer 2. Analysts suggest Layer Brett has the potential to exceed the combined market capitalization of many Solana meme tokens, with some even drawing comparisons to Shiba Inu.
Solana Meme Coins Losing Momentum
Solana has been a popular platform for meme coin launches in 2024. However, after initial hype cycles, many Solana-based meme coins are experiencing declining trading volumes and struggling to maintain community engagement.
While Solana (SOL) remains strong at around $235, the meme coin sector within its network appears to be cooling off. Investors are seeking newer opportunities outside of older Solana meme coins that lack innovation or clear roadmaps.
The Enduring Influence of Shiba Inu
Shiba Inu (SHIB) transformed the meme coin landscape by evolving into a comprehensive ecosystem with Shibarium and utility tokens like BONE and LEASH. Even with a current price of around $0.00001307, SHIB continues to attract investors, but many believe its high-growth phase is over.
This has led traders to search for meme coins with similar early-stage potential, positioning Layer Brett for significant attention.
Layer Brett: Functionality Meets Meme Appeal
Layer Brett is generating buzz in the meme coin market due to its foundation on Ethereum Layer 2, which offers fast transactions and low gas fees. These technical advantages are not commonly found in the meme coin space.
Currently in presale at $0.0058, Layer Brett has already raised over $3.7 million. It features a live staking option with approximately 700% APY. Staking is accessible without KYC requirements through MetaMask or Trust Wallet.
The project's roadmap includes NFT integration, gamified staking, multichain support, and a capped supply of 10 billion tokens. A $1 million community giveaway is underway, driving engagement on X and Telegram.
The combination of hype and practical features leads some experts to believe that Layer Brett could surpass the entire Solana meme coin sector and potentially replicate Shiba Inu's early growth.
Final Thoughts: A Shift in Meme Coin Focus
While Solana remains a robust blockchain, its meme coin market is showing signs of fatigue. Layer Brett aims to capitalize on this shift by offering a blend of meme culture and tangible utility. For investors seeking the next breakout meme coin, Layer Brett presents a compelling option as we approach 2025.