Kanye West’s YZY, a highly publicized Solana-based meme coin, briefly surged to a $3 billion market cap within days of its launch, only to plummet by 60% shortly thereafter as traders exited en masse. The rapid rise and fall underscored the speculative and hype-driven nature of celebrity-backed meme coins, which often lack intrinsic value or long-term utility [1]. The event has prompted traders to seek alternatives with more tangible blockchain applications, with Layer Brett (LBRETT) emerging as a favored option in the next wave of meme coin speculation.
Layer Brett, a new Ethereum-based meme coin, is being positioned as a potential 100x opportunity due to its integration with Ethereum Layer 2 technology. The project combines the viral appeal of a meme coin with DeFi functionality, offering fast transactions, low fees, and high staking rewards. Initially, staking APYs reached over 25,000%, although these have declined as more participants join the presale. The project also features a $1 million incentive pool and community-driven campaigns, which are fueling early interest and driving presale participation [1].
Analysts highlight that Layer Brett’s architecture provides a structural advantage over traditional meme coins like YZY. Built on a secure and scalable Layer 2 solution, it offers more than just social media buzz—providing real-world utility through decentralized finance and cross-chain compatibility. This technological foundation is seen as a key differentiator, especially in a market where hype often precedes collapse [1].
The broader Solana ecosystem remains under scrutiny following the YZY crash. While the celebrity coin’s trajectory was deemed unsustainable by many, the underlying network continues to attract attention. Analysts predict Solana (SOL) could reach $300 by the end of 2025, driven by growing institutional interest, network upgrades, and speculation around a potential spot ETF approval. The current price is trading around $180, with a retest above $200 expected to signal stronger investor sentiment [2].
Meanwhile, another altcoin, Remittix (RTX), is also drawing attention as a potential 60x meme coin. The project has seen increased buying pressure and is speculated to be listed on major exchanges like BitMart in the coming months. Its use in cross-border transactions and growing staking interest are seen as potential catalysts for a sharp price rise [2].
The YZY incident has reinforced the cyclical and volatile nature of the meme coin market. While celebrity endorsements can drive short-term hype, the absence of real utility often results in sharp corrections. As a result, traders are increasingly shifting to projects with both community appeal and technological merit. Layer Brett is currently at the center of this pivot, with its presale attracting significant attention as investors seek the next high-growth opportunity in the speculative space [1].
Source:
[1] title: Kanye’s YZY Pumps to $3B on Solana, Crashes 60% – Traders Pivot Into Layer Brett For The Next 100x Meme Coin
url: https://www.cryptopolitan.com/kanyes-yzy-pumps-to-3b-on-solana-crashes-60-traders-pivot-into-layer-brett-for-the-next-100x-meme-coin/
[2] title: Solana Price Prediction: SOL May See $300 Before Year End But Remittix Could Outperform With 60x Potential
url: https://www.cryptopolitan.com/sol-may-see-300-before-year-end-but-remittix-could-outperform-with-60x-potential/
[3] title: Leap Digital Investments
url: https://leapdigitalinvestments.com.au/
