Analysts Back Dogecoin, Cardano and Layer Brett for Sky-High Returns

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August’s Top Crypto Buys: Analysts Back Dogecoin, Cardano and Layer Brett for Sky-High Returns

Analysts have started mapping out August’s top crypto buys, and three names keep showing up: Cardano, Dogecoin, and Layer Brett.

Each brings a different appeal to the table, from Cardano’s steady blockchain upgrades to Dogecoin’s unmatched meme culture and Layer Brett’s new-wave staking rewards. Traders are weighing which of these could deliver the kind of returns that define Q3’s winners, and the debate is already heating up.

Layer Brett Dominates The Meme Coin Front With New Utilities

Layer Brett is finding fresh momentum as analysts laud its potential for sky-high returns this August. The project has become one of the most talked-about meme coins of 2025, and its community-driven narrative is now being matched by tangible developments. Traders point to the token’s upcoming $1 million giveaway as a major driver of attention, framing it as a reward that reinforces loyalty and encourages stronger participation from retail investors.

By moving into Ethereum’s Layer 2 ecosystem, Layer Brett gains access to broader liquidity, faster scaling opportunities, and more visibility within the largest altcoin network. Analysts argue that this move gives it the flexibility to compete with established meme coins. This was not the case during its early days on Base.

With social traction accelerating and staking rewards still drawing heavy interest, Layer Brett enters Q3 with strong community support and technical advantages. Imagine the possibilities of a meme coin that can power ecosystems and facilitate payments without any hiccups. It’s no wonder the LBRETT token already has over 1,000 early-stage investors.

Cardano Booms This Week After Whale Intervention

Cardano broke above a long-standing descending trendline that had held since late 2024. The move came amid a weekly surge of over 22%, driving ADA past the $1 mark and daily active addresses to 42,309. The 24-hour trading volume hit 2.21 billion ADA, and short liquidations exceeded $5.8 million. Key levels now in focus include $1.13, $1.31, and $1.54.

In just 48 hours, whales accumulated 200 million ADA, worth $157 million. Their share of the total supply rose to 10.3%. Analysts associate Cardano’s recent surge to the ETF approval odds climbing above 75%. Moreover, Cardano cleared the $0.938 resistance on the daily chart, supported by record $1.82 billion open interest in futures markets. That level aligned with liquidity clustered near $1.15, suggesting potential upside. Cardano has seen a steep 7% drop in the last 24 hours but this feels like a temporary correction.

Dogecoin Could Move Up the Layer 1 Ladder If This Happens

Dogecoin may be on the brink of a major breakout. A technical analyst highlighted a bullish pattern on the weekly chart and set a potential target above the $2 mark. Analyst Ananda’s outlook suggests that Dogecoin could reach a historic high of $2.55. In corroboration, a wallet connected to Binance transferred 900 million DOGE, valued around $208 million, into the exchange. That transfer placed additional anticipation on the future of Dogecoin.

Moreover, transactions exceeding $1 million hit a one-month high, strengthening the case for building momentum behind the token. Technicals point to a consolidation phase ahead of upside potential. Analysts describe the pattern as “a nice bit of consolidation” that often precedes powerful breakouts. All signs suggest that Dogecoin could be preparing for a significant move if bullish momentum endures.

Conclusion

August is shaping up to be a defining month for crypto traders, with analysts spotlighting Dogecoin, Cardano, and Layer Brett as prime opportunities. Dogecoin’s community momentum pushes it closer to reclaiming its spot as the meme coin king, while Cardano continues to grow its DeFi footprint.

Yet, the most intriguing pick is Layer Brett, a new Ethereum L2 meme coin offering up to 20,000% staking rewards. With a capped 10 billion supply and a presale price of $0.0044, analysts argue Layer Brett could deliver unmatched returns.

Can You Afford To Miss LBRETT’s Climb To Crypto Stardom? Secure Your LBRETT Tokens Today!

Presale: LayerBrett | Fast & Rewarding Layer 2 Blockchain

Telegram: Telegram: View @layerbrett

X: (1) Layer Brett (@LayerBrett) / X


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Source: https://coindoo.com/augusts-top-crypto-buys-analysts-back-dogecoin-cardano-and-layer-brett-for-sky-high-returns/