Ethereum News Today: Layer Brett (LBRETT) Gains Momentum as Shiba Inu and Bonk Decline

Layer Brett (LBRETT), an emerging Ethereum Layer 2 memecoin, is gaining attention as a potential long-term investment that could outperform established meme coins like Shiba Inu (SHIB) and Bonk (BONK). Unlike its peers, which rely largely on community-driven hype, Layer Brett introduces real-world utility through features such as fast transactions, low gas fees, and high staking rewards [1]. Analysts highlight that the project’s 20,000% APY staking mechanism, combined with a fixed token supply of 10 billion, creates a compelling value proposition for early adopters [3].

Shiba Inu has shown signs of stagnation, with its price declining from $0.00001500 to $0.00001209 as of August 6. The token has formed a bearish pattern marked by lower highs and lower lows, indicating a lack of buyer confidence and weak sentiment [1]. This has led many traders to shift their focus to projects offering more tangible utility, with Layer Brett being one of the most prominent alternatives [1].

Bonk (BONK) faces similar challenges, having dropped from $0.00002864 to $0.000023 in a short period. The token has struggled to break out of a bearish channel, with sellers dominating price action and buyers unable to sustain rallies [1]. Analysts note that without a significant catalyst, BONK may continue to underperform in the near term [1].

Layer Brett differentiates itself by building on Ethereum Layer 2, which allows for faster and cheaper transactions compared to the mainnet. This infrastructure not only supports high staking rewards but also positions the project as a scalable solution for meme-based crypto transactions [3]. The token’s presale is currently underway at $0.004, offering early buyers the opportunity to earn rewards as the network expands [1].

In addition to its technical advantages, Layer Brett has implemented community-driven initiatives such as a $1 million giveaway, aiming to build a loyal and engaged user base [3]. These efforts contrast with the strategies of Dogecoin (DOGE) and Pepe (PEPE), which have relied primarily on social media traction without integrating staking or rewards from the start [3]. While PEPE remains a notable presence in the Ethereum meme coin space, its long-term growth is questioned due to the absence of such utility features [3].

Despite the positive momentum, projections of a 220x return by 2025 remain speculative and should be treated as analyst forecasts rather than guarantees [3]. Still, the project’s transparent tokenomics and focus on innovation have contributed to strong early adoption. With Ethereum’s ecosystem showing renewed interest in scalable solutions, Layer Brett appears well-positioned to capitalize on broader trends in the blockchain space.

As the meme coin market evolves, investors are increasingly prioritizing projects that blend cultural appeal with technical innovation. Layer Brett’s strategic approach—offering both viral potential and real utility—has led many to view it as a strong candidate for long-term growth. With its presale attracting significant attention, the project aims to solidify its position as a leading contender in the next meme coin cycle.

Source:

[1] Coindoo – [https://coindoo.com/best-meme-coins-to-buy-for-the-long-term-layer-brett-to-outpace-shiba-inu-and-bonk/](https://coindoo.com/best-meme-coins-to-buy-for-the-long-term-layer-brett-to-outpace-shiba-inu-and-bonk/)

[3] BlockchainReporter – [https://blockchainreporter.net/layer-brett-could-be-bigger-than-all-solana-memecoins-set-to-outpace-dogecoin-doge-by-220x-in-2025/](https://blockchainreporter.net/layer-brett-could-be-bigger-than-all-solana-memecoins-set-to-outpace-dogecoin-doge-by-220x-in-2025/)

[3] BlockchainReporter – [https://blockchainreporter.net/pepe-price-prediction-is-pepe-about-to-become-ethereums-second-best-memecoin/](https://blockchainreporter.net/pepe-price-prediction-is-pepe-about-to-become-ethereums-second-best-memecoin/)