Meme coins Brett, Bonk and Pepe are the top earners among the market sphere

Meme coins are performing well amid a broad market break, with Base chain token Brett leading the pack.

Industry leaders Bitcoin and Ethereum were largely inactive over the past 24 hours, with Brett (BRETT) jumping 7%, Pepe (PEPE) 6%, and Bonk (BONK) up 4%. This puts them all among the top six winners of the top 100 tokens by market capitalization, Brett said.

The token on Coinbase's Ethereum Layer-2 network leads the pack, rising a whopping 51 percent in the past week. To put this in perspective, the second highest grossing injectable (INJ) in the same period was only 10%. While both Bitcoin and Ethereum slipped 4% and 6.5% respectively in the last 7 days.

During this successful week for Brett, other “blue chip” meme coins also struggled to perform. The leading meme coin, Dogecoin (DOGE), fell 13% to $0.1405. Shiba Inu (SHIB) is also down 14.5%, Dogwhiphat (WIFF) is down 23%, and FLOKI is down 27%.

At the time of writing, Brett is sitting at $0.1673 and has attracted close to $130 million worth of trading in the past 24 hours.

Brett is a meme coined by Matt Fury's comic series Boys Club – the same one that gave birth to Pepe the Frog. Brett is Pepe the Frog's “best friend,” according to Meme Coin's official site, and he's “a dancer and loves video games.”

Last week, Brett surpassed the $1 billion market cap. This comes after the token surged 24% in one day. Now, the token sits at a market cap of $1.7 billion and is the 67th largest crypto token on CoinGecko. And now it's threatening to topple its $200 million Solana competitor, BONK.

Meanwhile, a meme coin dedicated to Brett's famous friend, PEPE sits at $5.6 billion in market cap, making it the 23rd largest crypto token and the third largest meme coin.

Edited by Stacy Elliott.