Dogecoin News Today: Dogecoin Stagnates Below $0.3 as Investors Shift Focus to Layer Brett Meme Coin

Dogecoin holders remain optimistic about the asset’s potential to reach $1 by 2025, despite a sluggish performance in recent months. The cryptocurrency, which saw a 6x rally in late 2024, has since fallen below $0.3, retesting key support levels. Analysts like Adex_crypt suggest that DOGE could break out into the $1–$2 range if Ethereum surges toward $10,000 and broader crypto markets rally [1]. However, data-driven forecasts from CoinCodex indicate that DOGE might struggle to breach $0.3 until as far as 2050 [1].

Meanwhile, investors are shifting focus to a new entrant, Layer Brett (LBRETT), a meme coin built on Ethereum’s Layer 2 infrastructure. Unlike traditional L2s, LBRETT leverages meme culture to drive community engagement, offering fast and low-cost transactions. This unique positioning allows it to blend virality with real-world scalability, a rare combination in the crypto space. Market commentators highlight that Ethereum’s L2s are projected to process over $10 trillion by 2027, suggesting that LBRETT has the potential to capture a substantial market share [1].

LBRETT is currently selling at $0.004 in its presale phase, drawing attention from early investors. The coin’s proponents argue that its dual focus on meme traction and Layer 2 utility makes it a strong contender for exponential gains, with some analysts labeling it as a potential 100x meme coin in 2025 [1]. The project’s appeal lies in its ability to address Ethereum’s scalability issues while maintaining the cultural momentum that has fueled other meme coins.

As Dogecoin faces a prolonged consolidation phase, many investors are turning to LBRETT, viewing it as a more promising long-term play. The migration is driven by a desire for tokens that offer both utility and upside potential. This shift underscores a broader trend in the crypto market, where investors are increasingly prioritizing projects that combine meme-driven hype with tangible technical advancements.

Source: [1]Dogecoin Holders Hopeful Of Seeing $1 In 2025, But Is Layer Brett The Best Meme Coin To Buy In 2025? (https://blockonomi.com/dogecoin-holders-hopeful-of-seeing-1-in-2025-but-is-layer-brett-the-best-meme-coin-to-buy-in-2025/)