The post Dogecoin, Shiba Inu Continue To Underperform As The Crypto Market Eyes Its Next 100x Memecoin appeared first on Coinpedia Fintech News
As Dogecoin and Shiba Inu continue to stumble, market attention is shifting fast to LayerBrett, a high-speed Layer 2 memecoin now in presale. With ultra-low fees, real utility, and explosive meme energy, industry analysts are already labeling it as the next potential 100x token poised to dominate the DeFi market. Here’s why:
Is LBRETT The Key To A New Realm of Fortune-Making With Memecoins?
Today’s Web3 space is full of noise. There are tons of slow networks, outrageous gas fees, and meme coins that are overpromise and underdeliver. Every week, a new so-called “next big thing” pops up, only to fade away with no real utility, no vision, and no future. LBRETT was built to break that cycle.
Built on Ethereum but supercharged by true Layer 2 tech, LBRETT combines the speed and scalability of modern infrastructure with the unstoppable energy of meme culture. LBRETT offers near-instant transactions, dramatically reduced gas fees and real staking rewards that crush anything the old meme projects could ever promise. And the best part? You can enjoy the benefits LBRETT offers easily.
All interested users have to do is just connect MetaMask or Trust Wallet, choose ETH, USDT, or BNB, and stake their LBRETT directly through the dApp in seconds. With a max supply of 10 billion tokens, full cross-chain interoperability on the way and a host of other features, LBRETT evidently is not just following trends. Instead, it is rewriting them to create a new era of top-tier meme coins.
DOGE Fails To Impress Meme Coin Enthusiasts Following Weekly Fall
DOGE has dropped by over 20% in the past two weeks, and a strong recovery seems unlikely for now. The fall came after bearish divergences showed up across several timeframes on the Dogecoin chart which is a huge hint at fading strength. The Awesome Oscillator (AO) has dipped into negative territory. Typically, this is a sign that DOGE sellers still have the upper hand even after a breakout attempt. Unfortunately, the same weakness shows up in DOGE’s MACD’s Exponential Moving Averages (EMA).
This fall points to growing short-term selling pressure and hints that any bounce for DOGE could be short-lived. Since the beginning of the dip 14 days ago, DOGE has been trading around the $0.20 mark and is trying to hold steady. While there’s been a slight uptick in buying interest, the charts suggest that Dogecoin may not hold its ground for long.
Shiba Inu’s Recent Dip Points To Bigger Ecosystem Issue
According to data from CoinMarketCap, SHIB started August on a low note, slipping nearly 9% after gaining 8.69% in July. Amid the SHIB dip, developer Kaal Dhairya points to a deeper issue holding the project back and that is a lack of unity. In a post he made on his X page, Kaal revealed that he believes internal rifts and constant clashes are slowing SHIB’s momentum and hurting long-term progress. To fix this, Kaal says the focus should be on strengthening the SHIB DAO.
He stresses the need for true community-led governance. Everyone in the Shiba Inu ecosystem should have a voice. Decisions should be made fairly, without bias and with full transparency. Kaal believes the SHIB DAO must take charge of community projects. According to Kaal’s views, fixing this unity issue could be the key to getting SHIB back on its uptrend track.
Conclusion
While DOGE and SHIB are failing to impress investors with their recent price dips, LBRETT is emerging as a promising contender in the DeFi market. If you missed the initial wave of meme coin mania or faced losses holding onto those tokens too long, now is your chance!
Layer Brett is still in its presale stages—but not for long. Don’t miss the opportunity to get in early on the most scalable meme project to ever launch on Ethereum. Visit the Layer Brett site to get $LBRETT before the presale ends.