The BASE ecosystem, built on the Optimism stack and backed by Coinbase, aims to onboard one billion users into the crypto economy by making on-chain the next online. The ecosystem has already seen its first $1 billion volume day on BASE. Unlike other ecosystems, BASE is not planning to have a native token, making meme tokens a popular choice to capture the growth of the ecosystem.
Degen Chain, a layer-3 blockchain built on top of Ethereum layer 2, has attracted significant attention and transactional volume since its introduction. Its native DEGEN token has seen a 500% increase in value since its release. The network has recorded nearly $100 million in transactional volumes in the past 24 hours, with over 272,000 unique transactions.
Degen Swap (DSWAP) is the largest token by capitalization on Degen Chain, with a valuation of just over $14 million as of Monday morning.
Non-serious token Degen Pepe (DPEPE) has a higher valuation at $23 million, but is a meme coin with no use beyond speculation.
$BRETT, the largest Base memecoin by market cap, boasts a $404 million fully diluted value at the time of publication. Launched on Feb. 27, $BRETT has experienced a meteoric rise and is considered the frontrunner for the first unicorn coin on the chain.
$TOSHI, with a forthcoming toolbox, aims to be more than just a memecoin. The token is valued at over $14 million and is backed by the community and the strong presence of its mascot, Brian Armstrong’s cat.
$MOCHI, another memecoin on the Base ecosystem, has a market cap of $65.4 million and has received a Coinbase grant. The token’s NFT project, Mochimons, and gaming project Tamamochi add to its value.
$DOGINME, representing the founder’s dog on Farcaster, is the leading canine contender on Base.
$NORMIE, featuring some of the freshest memes and highest-production-value content on the Base blockchain, has experienced a considerable rise since its launch.
$TYBG, a promising altcoin with a focus on technological innovation and scalability, is gaining traction for its robust blockchain network and advanced features. With a strong emphasis on security and efficiency, $TYBG is set to offer users a reliable and high-performance platform for their digital transactions, catering to the growing demand for secure and scalable blockchain solutions.
$MYSTCL, an altcoin shrouded in mystery and intrigue, is capturing the attention of investors with its enigmatic branding and unique value proposition. With a focus on privacy and anonymity, MYSTCL aims to provide users with a secure and confidential platform for their transactions, appealing to those seeking enhanced privacy in the digital realm.
