SHIB is one of the most popular meme coins in the defi scene thanks to its huge community and the ability to go viral. However, its pace appears to be slowing in the recent past with emerging competitors taking the center stage.
Consequently, traders who previously championed Shiba Inu are currently looking at new projects with a larger upside potential and better tokenomics. One name that keeps coming up is Layer Brett, a meme coin that blends humor with real utility and staking rewards.
This article gets into whether Shiba Inu is on a downward spiral and why $LBRETT might be the next big crypto.
SHIB Takes 15% Hit Following Shibarium Attack
SHIB launched in August 2020 as a playful “dog-themed” meme coin that quickly captured investor imagination. Today its price is hovering around $0.00001023 with a large circulating supply of roughly 589 trillion tokens.
However, recent price action shows SHIB trading in the red zone and exhibiting about a 15% monthly dip. This decline comes after hackers used flash loans to take over the Shibarium’s validator control and stole about $4.1 million worth of tokens including SHIB.
Still, analysts are optimistic about Shiba Inu’s future. Changelly, for instance, predicts that SHIB could trade at a maximum price of $0.0000122 by the end of Q4 2025, showcasing a 19% rise from its current price. While this prediction is bullish, it doesn’t display explosive gains.
Meanwhile, investors are looking at alternatives like $LBRETT, a fresh meme coin built on an Ethereum layer-2 platform. It offers lower fees, higher staking rewards, and a much smaller market cap.
As such, it could present a potentially stronger upside than SHIB for investors looking beyond the familiar.
Why Layer Brett Is Standing Out
Unlike many meme coins, Layer Brett isn’t just about fun and hype; it’s built with real usability that gives it an edge over Shiba Inu.
To begin with, it operates on an Ethereum Layer 2 network, allowing for faster transactions and significantly reduced gas costs. This simplifies trading, staking, and the movement of tokens by users without concerns of incurring high costs.
And because of that efficiency, Layer Brett’s staking system has become a major attraction. Users get to enjoy rewards as high as 600% just by locking their tokens. This also means they earn passively, motivating them to stay invested.
What’s more, the project’s ecosystem is community-driven to maintain high levels of engagement. It is powered by memes, challenges, and NFT drops, thus keeping users busy and entertained.
Finally, its small market cap means there’s still massive room for growth. As SHIB slows down, Layer Brett’s mix of humor, utility, and earning potential makes it a serious contender in the meme coin race.
$LBRETT’s Price Heats up Fast
Layer Brett is currently valued at $0.0058 and is likely to appreciate to $0.0061, which will be a 5.17% increment in the next stage. In addition, more than 4.4 million USDT has already been raised in the project, which demonstrates increasing confidence and effective community support.
With its low fees, staking rewards, and meme-powered energy, $LBRETT could be a smarter option compared to Shiba Inu for those seeking real potential and fresh gains. Don’t wait on the sidelines; get in early while this meme coin still trades under $1!
Find out more below about the next big meme coin in the crypto space:
Website: https://layerbrett.com
Telegram: https://t.me/layerbrett
