ChatGPT Analyzes if Brett (BRETT) Can Flip Pepe (PEPE) in 2024
The cryptocurrency market witnessed a significant surge in the middle of the week, with meme coins playing a crucial role in driving this upward trend. Many assets in this category have shown notable gains over the past seven days, contributing to a collective market capitalization that nearly hit $70 billion before declining to $61 billion following a Friday crash.
BRETT's Remarkable Performance
One standout token in recent weeks is BRETT, a frog-themed cryptocurrency that has seen its value surge by almost 400% on a monthly basis, achieving an all-time high of $0.17 according to CoinGecko. With a market cap of $1.7 billion, BRETT now ranks as the 69th largest cryptocurrency overall and the seventh largest within its niche.
Can BRETT Overtake PEPE?
Given its impressive performance, many are wondering if BRETT can surpass the leading frog-themed meme coin, PEPE. ChatGPT, an AI-powered chatbot, believes a "flippening" is plausible under certain circumstances. It highlighted BRETT's status as the top meme coin on the Base chain, which is backed by popular crypto exchange Coinbase.
"BRETT's association with the Base chain and its growing community support position it as a strong contender to flip PEPE, especially in a bullish market scenario," stated ChatGPT.
The chatbot further predicted that BRETT could experience a price surge if it receives additional support from various exchanges such as KuCoin, Bitget, BitMart, and Uphold.
Analyst Predictions and Market Comparison
Analysts have taken note of BRETT's meteoric rise, with some suggesting that its bull run is far from over. Crypto Rover, a prominent figure with a substantial following, shared their belief that the uptrend in BRETT "will not stop anytime soon," setting a target price of $1 for the coin.
Despite BRETT's impressive performance, its market capitalization still lags behind that of its competitor, PEPE. PEPE briefly surpassed $7 billion in late May before settling around $5.1 billion. However, analysts remain optimistic about BRETT's future potential.
In a bullish statement, one analyst highlighted the incredible market cap growth of PEPE from $300 million to over $7 billion, challenging others to "watch BRETT do it" as well.
