SHIB was one of the trending cryptocurrencies in 2021, when it recorded its all-time high. This subsequently placed the Shiba Inu network on the DeFi scene map. However, the current Shiba Inu price prediction has holders looking at a new contender.
Layer Brett $LBRETT, a new Ethereum Layer 2 token, is capturing attention for its fast growth, staking rewards, and community-driven energy. In this piece, we get into whether this dark horse could recreate its more established counterpart’s legendary rally.
SHIB Drops 88% From 2021 Peak: Analysts Predict Modest 26% Rise
SHIB achieved its all-time high of $0.00008845 back in 2021, sending its Shiba Inu network into the spotlight. Fast-forward to today, and SHIB is trading far below its highs, at $0.00001021, displaying an 88% decline since its ATH and a 42% dip in the past year.
This bearish momentum can be attributed to intense competition from newer meme coins, its enormous token supply of over 500 trillion, and waning investor enthusiasm for projects without strong utility.
Analysts now forecast SHIB’s price to reach $0.00001295 in the next year, marking a 26% soar from its current value, which isn’t as explosive.
With SHIB’s momentum slowing down, more traders are turning their attention to Layer Brett $LBRETT as its possible replacement. With exciting rewards for users and higher staking returns, many believe this could be one of the best cryptos to invest in right now.
$LBRETT Positions Itself to Succeed Shiba Inu
Compared to SHIB’s 2021 breakout, Layer Brett brings a fresh set of advantages that could make it the next big meme coin story.
- •First, unlike Shiba Inu, which largely operated on older infrastructure, Layer Brett is built on an Ethereum Layer 2 network, meaning fast transactions and tiny gas fees.
- •Then, it offers strong staking rewards and token utility rather than just community hype. The $LBRETT meme token features staking incentives and a capped supply that contrast sharply with SHIB’s immense token count and low utility.
- •Moreover, the tokenomics are structured for scarcity and long-term growth, with a fixed supply of 10 billion tokens and burn mechanics built in, which may help the value proposition grow.
- •Another advantage is that the project emphasizes self-custody, no tedious Know-Your-Customer (KYC) barriers, and community-focused governance, which appeals to the kind of investor drawn in by SHIB’s culture but seeking more control and transparency.
Together, these features hint that Layer Brett could not only replicate but even exceed SHIB’s bull run, making it one to watch for anyone interested in the next meme coin wave.
Layer Brett Rises 45% Pre-Listing
Layer Brett has yet to hit major listings, but it is already showing early price-increase momentum. With a starting price of $0.004 and now $0.0058, holders are already enjoying a 45% ROI. Alongside this pricing, the project is running a $1 million giveaway to reward early participants and boost community engagement.
Compared to Shiba Inu, which achieved massive fame but now trades at a significantly higher entry cost and faces scalability and utility limitations, $LBRETT offers a lower-cost entry and more layered utility built into its structure.
With staking rewards high, now is the perfect time to get in for a chance to enjoy massive ROI when this meme token hits listings!