Shiba Inu news just got a serious twist as Layer Brett bursts onto the scene with a viral pre-launch and its own Ethereum Layer 2 plans.
While SHIB trades like a giant, LBRETT is setting up as the quicker rival, with faster transactions, big staking yields and a public testnet coming for holders hunting fresh upside in this high-volatility meme market cycle.
Shiba inu cools off as price dips and trading interest fades
Based on the most recent statistics, Shiba Inu (SHIB) is trading at 0.000059127, which implies that it has gone down by 1.07 in the past 24 hours. Nevertheless, SHIB has a large market cap of 5.37 billion and a strong base of holders amounting to 2.88 million holders.
Moreover, the volume of trading has dropped by more than 32%, which is an indicator of less market activity and possibly a lack of conviction by investors.
Source: Coinmarketcap
The chart shows a horizontal consolidation stage of SHIB, whose price ranges between $0.00005912 and $0.00005982. The short-run sentiment of SHIB is bearish as evidenced by the steady downwards highs that are signs of selling pressure.
In this uncertain situation, many investors are looking for better options in the meme coin industry and Layer Brett keeps coming up as a strong rival for Shiba Inu for its current market standing.
How Layer Brett’s is giving competition to Shiba Inu
SHIB has a high overall reach into the meme coin market, but LBRETT is rapidly gaining momentum through a private funding event that has raised more than 4.4 million USDT already.
The Private funding price is fixed at $0.0058 and it will be raised to $0.0061 and this will be done under a tiered pricing strategy that will benefit early investors.
Layer Brett is built on Ethereum Layer 2 blockchain technology, which is much quicker, cheaper, and has better scalability, which SHIB does not have because of its use of the Layer 1 network based on Ethereum.
This can enable Layer Brett to become a unique meme coin company amidst the many competitors, which provides smoother and cheaper experiences to users.
Also, Layer Brett has the incentive of 587.02% APY staking reward, which is impressive and unlike other meme tokens, such as SHIB. This is the annual high yield that the investors are looking to take advantage of in the increasing trend of meme coins to make passive income.
Layer Brett testnet hype explodes on 1 December 2025
Layer Brett just dropped its new upgrade about testnet. The public Layer 2 testnet goes live on 1 December 2025, turning the countdown into pure degen fuel. Wallets connect, blocks fly, fees drop to pennies, and early users get front-row seats to a meme chain flexing real speed, bridge tools and governance experiments before the mainnet chaos begins.
Final Thoughts
In conclusion, Layer Brett (LBRETT) presents a new competitive option for investors who are looking to diversify their portfolios in the meme coin market.
The strong Private funding participation, Layer 2 technology of the project, and high staking rewards put it as a strong competitor with its future Shiba Inu (SHIB) rival. Its emphasis on low fee, quicker trading, and community control is one of the ways why Layer Brett is becoming a progressive meme token which may transform the market of meme coins.
For More Information
Website: https://layerbrett.com
Telegram: https://t.me/layerbrett
X: (1) Layer Brett (@LayerBrett) / X
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Source: https://www.livebitcoinnews.com/latest-shiba-inu-news-new-meme-coin-presale-goes-viral-set-to-rival-shib/
