PEPE, currently the top Ethereum-based meme coin, faces competition from Layer Brett ($LBRETT), a new challenger with a capped supply and a focus on Ethereum Layer 2 scalability. PEPE’s price has seen a 9.28% increase in 24 hours and a 9.30% gain in the past week, with a market cap fluctuating between $5.15 billion and $5.19 billion. $LBRETT’s presale has raised $150,000+ and is positioned as a next-generation meme coin with advanced utility and gamified staking.
In the dynamic world of cryptocurrency, meme coins have emerged as a significant force, capturing the attention of investors and traders alike. Among the top Ethereum-based meme coins, PEPE has long held the #1 position, but a new challenger, Layer Brett ($LBRETT), is poised to disrupt the status quo.
PEPE’s Current Standing
As of August 9, 2025, PEPE’s coin price stood at approximately $0.00001228, reflecting a 9.28% increase over the past 24 hours and a 9.30% gain over the past week [1]. Over the past 12 months, PEPE has demonstrated impressive growth, with a market cap fluctuating between $5.15 billion and $5.19 billion. The token’s circulating and maximum supply remain fixed at 420.69 trillion coins, positioning it among the elite Ethereum meme coins.
Recent catalysts, such as Bitnile’s acceptance of PEPE for payments and robust social media momentum, have fueled bullish sentiment, contributing to PEPE’s ongoing relevance in the meme token landscape [1].
Enter Layer Brett ($LBRETT)
Layer Brett ($LBRETT) is positioning itself as a next-generation Ethereum Layer 2 meme coin, combining meme culture with scalable utility. With a max supply of 10 billion tokens and a presale that has raised over $150,000, $LBRETT aims to provide advanced utility and gamified staking with an APY of 20,000% for early investors [1].
The coin’s ecosystem is designed to incorporate innovative features, positioning it as a potential disruptor of PEPE’s dominance. Ethereum Layer 2 solutions like $LBRETT aim to deliver lower transaction fees, a significant advantage given the volatility of Ethereum L1 fees [1].
Comparative Analysis
PEPE currently holds a decisive lead in market cap and public recognition, but $LBRETT’s strategic focus on Ethereum Layer 2 scalability, capped supply, and meme utility could challenge PEPE’s status as the top Ethereum meme coin [1].
Other meme coins, such as Shiba Inu, Dogecoin, Bonk, and Brett Original, continue to shape the market, but PEPE’s established track record and liquidity make it the current standard. The speculative energy around $LBRETT and its Layer 2 ambitions reflect broader market trends toward scalability, lower fees, and novel staking mechanisms [1].
Conclusion
Even with its ongoing bullish momentum and strong market cap, PEPE faces growing competition from $LBRETT and other meme coins. $LBRETT’s strategic focus on Ethereum Layer 2 scalability, capped supply, and meme utility could challenge PEPE’s status as Ethereum’s #1 meme coin as ecosystem development progresses [1].
While PEPE remains the benchmark, the evolving landscape signals a dynamic contest for meme coin supremacy.
References
[1] https://cryptodaily.co.uk/2025/08/pepe-price-analysis-is-pepe-about-to-lose-ethereums-no-1-meme-coin-status-to-layer-brett
