Brett hit 2.3B when Bitcoin dominance was going higher and Pepe hit 11B
So, Brett became 20% of Pepe at peak ^
Pepe is now at 5.3B
Brett is now about 600M
So around 12% of Pepe right now
There is Bitcoin dominance
And then in memecoins, you also have DOGE dominance and Pepe dominance to think about
So right now its like Doge and Pepe dominance going up szn
As we get deeper into the run, just like BTC dominance finally rolled over
Doge and pepe dominance will too which is where your higher return memes start to gain a stronger bid and dominance in relation to doge/pepe
If you understand this
you understand that you want bitcoin to go as high as possible before dominance falls
And you want PEPE + doge to go as high as possible before dominance falls
Because then theres way more money that can actually find its way and flow to the next biggest coins
At the current rate of just 12% in a PEPE dominance going higher mode
PEPE at 50B puts Brett above 5.4B
but remember, the deeper we get into the run, Pepe dominance will eventually roll over, meaning brett dominance will revert higher and our current 12% ratio will get more around 20%+ of PEPE
So if PEPE hits 50B, at 20% of pepe like last run
we are targeting a move to 10B in Brett
Which is a little less than a 20x from right now, meanwhile in the same time Pepe would be doing a little bit under a 10x
Remember everything gets a lot of its value as a comparison to other things
Thats why its so important to understand these simple ratios
because just as we can see brett hold a 12-20% ratio of pepe for the last 16+ months
we can also see how PEPE has held a 12-20% ratio of DOGE over the last 16+ months!
Everything is a ratio of whats around it
Get good at comparing the value of things and you will become good at valuing things
if you believe PEPE hits 50B and becomes 20-50% of DOGE
Then you also believe DOGE hits 100B-200B
and that BRETT will reach peak market cap at least 20% of PEPE putting it comfily above 10B as a modest case not accounting for so many more bullish things that can happen for it that can actually push it well past 20% of Pepe
From X
Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.