Overview
- New coverage on August 20 centers on LBRETT’s ongoing presale at roughly $0.0044, with advertised staking APYs cited from around 5,000% to as high as 20,000% and described as decreasing as participation grows.
- Reports describe Layer Brett as an Ethereum Layer 2 meme token that claims lower fees and faster settlement, with self-custodial, no‑KYC access and a fixed 10 billion token supply.
- Pieces highlight a $1 million community giveaway and immediate staking via the project’s dApp as key incentives during the presale phase.
- Articles frame speculative rotation from ADA, SOL, XLM, XRP, DOGE and SHIB into LBRETT, with some analyst forecasts touting 65x to 200x upside as opinion rather than verified outlook.
- Several publications label the content as sponsored and note that performance, fundraising figures such as a cited $600,000 inflow, and technical claims originate from the project and lack independent confirmation.