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1h ago

Layer Brett Presale Widely Promoted With Extreme Yield Claims and Little Independent Verification

Sponsored coverage pushes an L2 memecoin presale whose headline claims lack independent verification.

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Overview

  • New sponsored and syndicated articles market LBRETT at roughly $0.0044–$0.0047 per token, with early staking APYs advertised from about 3,000% to above 25,000%.
  • Reports in the coverage cite presale momentum — including about $850,000 invested and mentions of more than 30% of tokens allocated — without third‑party confirmation.
  • Marketing materials emphasize a fixed 10 billion supply, a $1 million giveaway, no‑KYC onboarding, and staking via MetaMask or Trust Wallet using ETH, USDT or BNB.
  • The project is presented as an Ethereum Layer 2 claiming off‑chain processing, near‑instant transactions and low fees, none of which are independently verified in the articles.
  • Analyst quotes in the pieces tout potential outsized returns — from 100x to 340x to 12,000% — and suggest investor attention is rotating from SOL, ADA, XRP and DOGE to the presale.