The XRP news is once again stirring controversy in crypto circles after the SEC extended its review of the proposed spot XRP ETF.
The decision has been pushed to late October, and with XRP’s technicals looking shaky, market watchers are looking to the meme sector for explosive returns. Among the flurry of projects, it is Layer Brett, traders are backing to be the meme coin of the year. Let’s delve deeper!
Layer Brett is fast becoming one of the top meme coins for investors in 2025. Built on Ethereum like PEPE, Layer Brett benefits from the blockchain’s security and liquidity rollovers. The project goes a step further to inject Layer 2 scaling to curb the significant issues facing the network. With Layer Brett, transactions become near instant fees negligible.
Market participants believe this unique proposition makes Layer Brett the meme coin of the year as investors accumulate positions. More than 5,000 holders have now joined the presale, raising over $2.6 million at its current price of $0.0053. This is a sharp climb from its starting price of $0.004, rewarding early entrants with a 60% ROI in less than a month.
Meanwhile, staking is live and currently offers a 976% APY, but this rate will decrease as more tokens are staked. According to its website, 25% of the total supply is set aside for this purpose. There’s also another 8% allocated for marketing, suggesting the team has plans for publicity stunts, media coverage, and KOL partnerships in the future.
An additional 15% of tokens are reserved for “ecosystem development,” which could indicate that new ecosystem features will be launched in the near future. Given the project’s supportive approach to NFTs and GameFi, the exact nature of these potential developments is uncertain, but it hints at exciting possibilities.
SEC’s delay of the XRP ETF triggered a short-term dip in XRP, with the token sliding below $3.00 in August. Since then, severe bearish tailwinds have infected the XRP market. Even after analyst Ali Martinez warned about potential failure to reclaim levels above $3.30, the XRP price has now declined below $2.80.
The market’s reaction now is fully bearish with expectations of the XRP price to reach towards $2.60 or $2 as earlier spotted by Ali Martinez. Still, market watchers are not quick to dismiss recovery hopes. If an XRP news of ETF approval in October sets in, then a more favourable price outlook could follow suit.
Meanwhile, On-chain activity surged 500% in August, signaling growing network usage even amid profit-taking. Futures data, on the other hand, suggests leveraged traders are cautious, while net inflows indicate confidence from long-term holders.
Latest XRP news also factors in regulatory clarity after Ripple’s SEC victory for a more positive price outlook.
XRP has its place in speculative rallies, but the current market narrative points to projects with explosive potential. Layer Brett offers exactly that with its unique blend of fun and function. It is a breakaway from the utility-free origins of meme culture and stepping into a reward-rich ecosystem. These are all the ingredients that could make Layer Brett the next big meme coin.
LBRETT is available now at $0.0053. Don’t miss out on the next 100x — join the Layer Brett presale today.
