Ethereum News Today: Layer Brett Surpasses Shiba Inu With 12,580% Staking APY and Ethereum Layer 2 Innovation

Layer Brett (LBRETT) has rapidly gained traction in the meme coin market, drawing comparisons to high-profile tokens like Shiba Inu (SHIB) and WIF. Analysts are forecasting that LBRETT could deliver 100x gains in the next bull run, fueled by its Ethereum Layer 2 infrastructure and early presale performance [1]. At just $0.0047 per token, the presale offers investors an opportunity to stake their holdings for reported annual percentage yields (APYs) exceeding 12,580 percent, with some early stakers experiencing rates as high as 55,000 percent [2]. These staking rewards, however, are expected to decline as more participants join the presale.

Layer Brett distinguishes itself by addressing two major pain points in the meme coin sector: scalability and transaction costs. Unlike Shiba Inu and WIF, which remain on their original blockchain networks and face network congestion and high fees, Layer Brett leverages Ethereum Layer 2 technology to deliver faster and cheaper transactions [3]. This infrastructure is seen as a key factor in its ability to attract a growing number of traders who are looking for real-world utility beyond just speculative value [4].

The tokenomics of Layer Brett also support its growth narrative. With a supply cap of 10 billion tokens, 25 percent of which is allocated for staking, the project is structured to incentivize early adoption and long-term participation. A $1 million giveaway further amplifies community engagement, a strategy that echoes the viral growth seen in earlier meme coins like Shiba Inu [5]. The roadmap includes plans for a community-driven decentralized autonomous organization (DAO) and cross-chain ambitions, aligning with broader trends in decentralized finance (DeFi) and Web3 development [6].

In contrast to the volatility and uncertainty surrounding tokens like Pepe (PEPE) and Bonk (BONK), Layer Brett is being positioned as a more sustainable and scalable alternative. While Shiba Inu recently celebrated 1 million holders and WIF reached an all-time high of $4.57 in March 2024, neither has seen significant updates or utility developments in recent months [7]. Meanwhile, Dogecoin remains a cultural icon but lags in innovation. Analysts are therefore viewing Layer Brett as a potential successor to the first wave of meme coins, with the added benefit of blockchain engineering and DeFi integration [8].

As the crypto market continues to evolve, the demand for high-speed, low-cost solutions is increasing. Layer Brett’s integration with Ethereum Layer 2 is seen as a strategic move to meet this demand, and its early success in the presale suggests strong market interest [9]. With a much smaller market cap than Shiba Inu or WIF, the potential for exponential gains is high if the token captures a significant portion of the meme coin momentum [10].

Source:

[1] https://www.livebitcoinnews.com/layer-brett-100x-gains-to-outshine-shiba-inu-and-wif-projections/

[2] https://coincentral.com/shiba-inu-bonk-and-magax-which-meme-coin-could-dominate-the-next-bull-run/

[3] https://coinpedia.org/press-release/top-3-meme-coins-poised-to-replicate-shibs-legendary-32000-rally-in-2025/

[4] https://www.cryptopolitan.com/are-pepe-and-dogecoin-prices-slipping-because-everyone-is-piling-into-2025s-most-viral-meme-coin/

[6] https://blockonomi.com/did-you-miss-bonks-surge-blockchainfx-presale-could-be-the-next-big-crypto-gem/

[8] https://coincentral.com/solana-hits-new-tps-record-yet-traders-turn-focus-to-chainlink-and-layer-brett-this-month/