A psudonymous trader is at a 500x gain on his Brett investment.
But with profits already sky-high, other traders seeking similar returns must look elsewhere. One potential alternative is Base Dawgz, which is gearing up to launch on exchanges next week.
Diamond-handed trader bought Brett at a $1.6 million market cap MC and continues to hold
Brett, the front-running meme coin on Coinbase’s Ethereum layer 2 network Base, currently holds a $800 million market cap.
That works out exactly at a 500x increase from the market cap when psudonymous trader Crash invested in the token.
The legendary trader published a YouTube video on 28 February 2024 showing him purchasing Brett when it had a $1.6 million market cap.
In a later tweet, he revealed that his total investment amounted to $15K. He also believes he will be the first trader to publicly turn this amount into $50 million.
Based on Brett’s current value, we can expect that Crash’s investment is worth around $7.5 million today.
Crash also said he has no intentions of selling anytime soon and predicted that Brett will reach highs of $8 this cycle.
This would increase the value of his investment to over $70 million.
It mimics the rags-to-riches stories of numerous other meme coin traders from this year.
For instance, Blockgraze made multiple millions through a Dogwifhat investment, as did Unipcs with a Bonk trade.
In 2024, the meme coin sector is almost like a lottery system where retail traders can turn four or five-figure bets into multi-million dollar portfolios.
Alongside that often comes a cult following from other wanna-be meme coin millionaires. The three traders mentioned, Crash, Blockgraze, and Unipcs, have each built successful digital brands around their exponential gains.
With that in mind, thousands of traders are now seeking similar results.
New meme coins are emerging daily, but it’s challenging to identify those with real potential.
While there’s always an element of chance involved, one project showing noteworthy strength is Base Dawgz.
It’s a Base-native meme coin like Brett, but it has the added advantage of cross-chain functionality.
Base Dawgz Exchange Launch in 5 Days – Can It Explode Like Brett?
Base Dawgz is a new Shiba Inu-themed token that is just five days from debuting on exchanges.
It has experienced significant presale success, raising over $3.1 million.
Although the presale has ended, investors can still buy $DAWGZ at its exchange listing price of $0.008582.
In addition to presale investment flooding in, Base Dawgz has also received support from some prominent industry experts.
For instance, Jacob Bury says that it can 100x in value after the presale.
The analyst reasons that its availability across five top blockchains (Base, Ethereum, Solana, BSC, and Avalanche), plus other utilities like staking, signals lots of potential.
The staking feature is already live and currently offering over a 700% APY. However, prospective investors must know that staked tokens won’t unlock until one week after the presale ends.
This is to ensure a smooth exchange launch, bolstering the project’s long-term potential.
The exchange listing will occur on 4 September 2024 at 5 PM CET. Presale investors who do not stake their tokens can claim immediately on its exchange launch.
It’s the final call for those wanting to buy $DAWGZ at a fixed price.
