Despite multiple bullish fundamental signals, the XRP price has failed to rally in an explosive manner. Contrary to expectations, XRP is precariously hanging on a critical support zone.
Many traders believe this support may soon give way if things don’t change soon.
But while some are wary of Ripple’s near-term outlook, smart investors are increasingly turning to LayerBrett (LBRETT), a meme token with an anticipated 50x upside potential. Could LayerBrett be the next breakout star in a market starved for fresh winners?
Why smart investors back LayerBrett
LayerBrett is an Ethereum Layer 2 meme token that’s still in presale but is rapidly gaining traction. In fact, crypto experts have endorsed LBRTT as the next breakout crypto star. Several reasons back this sentiment.
Firstly, LayerBrett offers real utility beyond meme hype. It helps Ethereum scale by providing faster and cheaper transactions to lower network congestion. This technical backbone offers protection against FUD and volatility that often plague meme coins.
Secondly, LBRETT integrates NFT and DeFi functionalities, which attract a growing user base and promote viral adoption. This feature could foster an organic boom, ultimately delivering substantial ROI for early investors.
Thirdly, LBRETT provides users with a steady passive income through generous staking rewards. These yield incentives create a financial moat, ensuring holders stay engaged and vested as the ecosystem grows. It’s no surprise analysts predict LayerBrett’s rise to the top of the meme space in no time.
XRP price hangs on key support zone
XRP recently achieved a conclusive legal victory over the SEC. This clears it off all illegalities and strengthens perceptions about it, which is expected to boost the XRP price in the near and short term.
In addition to that, Ripple has successfully expanded its network in Asia and South America. Its stablecoin, XRLP, is also highly likely to become a treasury reserve token for major corporations and even state entities.
XRP price in the last month. Source: Coinmarketcap
Unfortunately, XRP hasn’t been able to capitalize on these positive developments. The token currently clings to a key support zone around $2.75, with strong resistance at $3.0. This inability to break above $3 in spite of a plethora of positives is cause for caution amongst prospective investors.
Investor confidence would only return if Ripple breaks above this level. With an end-of-the-year rally on the cards, this could well happen. An extremely bullish crypto climate can envelope XRP price and send it above this level. Things could catch on from there and push XRP price to new all-time highs. But how realistic are the chances of this happening?
Don’t miss out on LayerBrett
Crypto investors often lament about missing out on top coins when they were in their infancy. LayerBrett is presenting this type of opportunity again. Currently in an active presale priced at just $0.0053 per token, LayerBrett offers a ground-floor opportunity before its expected listing on major exchanges.
Joining the LayerBrett presale now allows investors to capitalize on its viral growth, staking rewards, and real blockchain utility ahead of the next bull run. Given its potential to surge by 50x or more, missing out could mean passing up one of 2025’s most compelling breakout stories.
Layer Brett is in presale now, but it’s moving fast. Get in early, stake while rewards are high, and don’t miss your shot at the next 100x crypto!
Website: https://layerbrett.com
Telegram: https://t.me/layerbrett
X: (1) Layer Brett (@LayerBrett) / X
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Reporter at Coindoo