After witnessing a crash, the crypto market is slowly walking on the recovery track as the market capitalization has surged to $2.13 Trillion, and the trading volume has grown to $86.15 Billion. It is pointing at the cryptocurrencies gaining momentum in the market and bringing new gains for investors. Amid this recovery, meme coins are leading the crypto market, and in that, BRETT and PEPE are in the limelight for their past performance records and the current recovery.
Between these promising meme coins, which one will recover first? Let us discuss that in this blog.
Analyzing The BRETT Price Performance
BRETT was introduced to the market as the best friend of PEPE and has been offering similar new gains. This meme coin also faced a downtrend with the crypto market crash as the price declined to as low as $0.10. However, the BRETT price has now surged to $0.1263 after a 5.58% increase in the last 24 hours, making quite a recovery in the market.
It has been barely a month since the BRETT peaked within its performance, creating a new all-time high of $0.1939. Since then, the price has moved 34% down, but overall the token has maintained 224% since its launch despite the dips.
Overall, BRETT has come forward as a profiting meme coin, and the future recovery will confirm the same.
Analyzing The PEPE Price Performance
Just like BRETT, PEPE has made its name in the market with its epic performance in May. At that time, it surged to an all-time high of $0.00001718, offering highest gains. However, the epic falls it had cannot be ignored. Even now, the PEPE price has moved away 47.52% since the ATH. It is now valued at $0.000009094 after a 3% surge in the last 24 hours and is on the second recovery after the crash after failing first.
Despite the downs, PEPE has made 15924% since its launch and is among the most profitable cryptos in the market. This year alone, it has made 601% gains, which has made it the most-demanded meme coin.
Which One Is Recovering Faster Between BRETT & PEPE?
BRETT price is struggling to recover, as the technical factors split into bulls and bears. Additionally, the selling pressure is high for now, which risks the upcoming declines. It has bounced from its support of 0.09326, and if it crosses the 0.14093, the uptrend is likely to continue.
This is also true for PEPE, as the selling pressure is rising. It is now approaching the support at 0.00001013, and if it surpasses the support towards 0.00001246, the probability of the gains will be higher. However, if it fails to do so, the next support lies at 0.00000870.
On analyzing the last few days’ performance, both PEPE and BRETT have been through similar situations. However, BRETT has gained better support with rising network activity, which could also push the meme coin towards higher gains. Overall, both the meme coins exhibit the potential to offer high gains, but now BRETT is leading.
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The post BRETT Vs PEPE; Where Are The Gains Flowing This Week appeared first on CoinGape.
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