Dogecoin News Today: Dogecoin Slumps 54% From Peak as Layer Brett Emerges as Stronger Meme Coin Play

Generated by AI AgentCoin World
Tuesday, Aug 19, 2025 11:12 am ET1min read
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Aime RobotAime Summary

- Dogecoin (DOGE) faces waning momentum despite $1 price speculation, trading 54% below its 2023 peak at $0.20.

- Layer Brett (LBRETT) emerges as a stronger 2025 meme coin contender with Ethereum Layer 2 infrastructure, 10 billion token supply, and 40,000% staking APY.

- Analysts highlight LBRETT's scalability advantages over DOGE, projecting 100x+ gains from presale levels with NFTs, DeFi tools, and gaming integrations.

- The shift reflects investor preference for projects combining virality with technical depth, positioning LBRETT as a more dynamic alternative to traditional meme coins.

Dogecoin (DOGE) continues to draw attention as bulls speculate on a potential $1 price target by late 2025, but its recent momentum has waned. After peaking at $0.48 in late 2023,

DOGE
has since entered a correction phase and is now trading near $0.20—a drop of over 54% from its peak. Despite a 115% return year-to-date, this performance lags behind the broader altcoin market. Analysts note that for DOGE to reach $1, it would require massive liquidity inflows, given its 150 billion token supply, which inherently limits its price action potential [1].

In contrast, Layer Brett (LBRETT) is emerging as a more compelling meme coin narrative for 2025. Built on an

Ethereum
Layer 2 infrastructure, LBRETT offers fast and low-cost transactions while aiming for real-world adoption. With a significantly leaner token supply of 10 billion—compared to DOGE’s 150 billion—LBRETT is seen as a more scalable and sustainable option. The project also introduces a staking mechanism offering up to 40,000% APY, encouraging long-term participation and reducing sell pressure [1].

Analysts project that LBRETT could deliver substantial upside in both the short and long term. Short-term price targets range between $0.05 and $0.10, while longer-term forecasts stretch toward $0.50 or even $1, representing over 100x gains from current presale levels. The project’s roadmap includes NFT integrations, DeFi tools, and meme-driven gaming features, all of which aim to drive utility beyond pure speculation [1].

While DOGE retains its status as the OG meme coin, its growth is likely to remain slower compared to smaller, more agile projects like LBRETT. The latter’s combination of staking incentives, scarcity, and a dynamic product roadmap positions it as a more compelling investment for 2025. As the meme coin landscape evolves, investors are increasingly drawn to projects that offer both virality and technical depth.

Sources:

[1]

Dogecoin
Bulls Eye $1, Yet Layer Brett Is Touted as the Sharper Meme Play for 2025, Coindoo, https://coindoo.com/dogecoin-bulls-eye-1-yet-layer-brett-is-touted-as-the-sharper-meme-play-for-2025/