With BTC bearish, many traders are bullish on Solana (SOL), Dogecoin (DOGE), and other altcoins.
One of the top altcoins traders are excited about is Layer Brett (LBRETT), the new ERC-20 memecoin that experts back to outshine DOGE. Layer Brett is
Bitcoin has crashed under $113k as investors wait for the retracement to hit key support levels. BTC has seen a lot of activity over the last year, with increased institutional purchases driving the price higher. A flash crash on BTC led to over $1.7 billion in losses on Monday, 22 September.
Although many experts predict it to hit $1 million in a few years, short-term Bitcoin price prediction indicates more price falls. The bearish trend is set to continue before buyers step in between $108,000 and $111,000. Positive news in the Bitcoin space includes the recent $632.5 million BTC purchase by Metaplanet Inc., and the approval of the first multi-token crypto ETF with 70% BTC allocation.
While BTC struggles with bears dominating, Solana (SOL) might be priming for a rally. Although the price is around $221, experts are looking at psychological levels at $200 and $190, where buyers could step in. If they do, SOL could see a rally to $1,000 by 2026.
Solana’s market cap recently hit an impressive $137 billion as tokens unlocked and staking increased. Institutional interest has steadily increased in Solana, with Galaxy Digital making huge purchases and BitGo filing a U.S. IPO. With over $90 billion in custody, BitGo is expected to increase exposure to Solana and other alternative Layer 1s.
In other news, the Dogecoin ETF, DOJE, saw a strong debut, but it was not enough to rally the DOGE price. With such a low impact, experts believe a new memecoin, Layer Brett, will outshine DOGE.
Layer Brett (LBRETT) is the new memecoin built on the Ethereum Layer 2, and is ripping up investors with massive excitement about its future. LBRETT is not just a memecoin but a purposeful utility wrapped in community-driven adoption. LBRETT is built for Web3 and DeFi, solving issues with speed, scalability, and deployment.
With LBRETT, users enjoy lightning-fast transactions across any chain (yes, it is interoperable!). And unlike Layer 1 tokens, LBRETT makes sure costly gas fees are in the past, with ultra-low cost fees (in pennies) for users. Now, you can build and scale using smart contracts running smoothly on Layer 2 like never before.
Despite the DOGE ETF launch, Layer Brett is outshining DOGE right now, with over $3.9 million raised in LBRETT presale. LBRETT is currently the best project for staking crypto, with rewards reaching 660% APY for early backers. This altcoin is merging meme power with real utility and rewarding holders – this is why experts are excited about LBRETT!
Join the movement that brings speed, governance, and Ethereum-backed security to memecoins. Before the Bitcoin price prediction comes true, you can take your position now and get early access to LBRETT. Buy LBRETT for $0.0058 to join the best crypto presale and enter the $1 million giveaway!
Presale: LayerBrett | Fast & Rewarding Layer 2 Blockchain
Telegram: Telegram: View @layerbrett
X: (1) Layer Brett (@LayerBrett) / X
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The post Bitcoin Price Prediction: Solana’s $1,000 Target and the Meme Coin Outshining DOGE After ETF Launch appeared first on Coindoo.
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