Since Trump took office, there have been constant crypto turmoil. On November 19, Trump will discuss the appointment of SEC with Coinbase CEO Brian Armstrong. The long-ignored base ecosystem has once again returned to the public's hot spot vision. In the meme ecosystem of Base, in addition to the well-known Brett and Degen, Base's meme is accelerating like the current market. Not only are AI concepts emerging in an endless stream, but many tokens of the Desci series have also migrated to Base.
New bottle: AI series
In this round of Solana pvp bull market, Base is often overlooked because Solana is too eye-catching. As the last hope of Ethereum, Base is not only backed by the "super strong nurse" Coinbase, but also many innovative narratives and the first wave of crazes this year actually occurred on Base, such as social, RWA, and Depin. The pvp of Web3 core "casino" Solanan is still popular. When countless P players are still getting on various pictures, equations, and celebrity cats and dogs, AI has already taken root on Base and set off a wave of AI Agents.
Virtual Series
As early as March of this year, Base launched Virtuals Protocol, an AI factory aimed at building games and the metaverse. As a decentralized AI Agent "production factory", Virtuals Protocol provides support for the release of different AI Agents.
However, most people in the market still have the impression of Brett and Degen on the Shanghai Stock Exchange, and have not followed up on the changes on the Base chain. They even think that the hard cap of the market value of the Base chain with poor meme liquidity is around 10 million. Virtuals Protocol's platform coin VIRTUAL has exceeded 200 million market value and maintained at around 220 million. At the same time, Virtual is constantly strengthening its product matrix and released Agentstarter on November 19. As the name suggests, Agentstarter, as a Launchpad for AI Agents, will provide talented teams with necessary funds and development support to help them better develop AI Agents.
With the change of AI narrative, Base seems to be taking over the baton of AI from the VC coin of the secondary exchange to the AI meme coin on Solana. The narrative centered on AI Agent is unfolding, and the transformation of Crypto native is quietly happening.
Officer
LUNA is the most popular AI Agent on the Virtuals platform. It has the ability of self-cognition and self-thinking, and can operate completely autonomously without human management and operation. It has hundreds of thousands of fans on platforms such as youtube and tiktok. At the same time, LUNA will also repurchase tokens through "working". LNUA will conduct 24-hour uninterrupted live broadcasts. The repurchase mechanism is reflected in the fact that users can use the token $LUNA to reward LUNA during the live broadcast.
It is worth noting that LUNA has been set a goal to ensure that LUNA achieves a market value of 40.9 billion US dollars. Although this market value is a bit exaggerated, such a "slogan" will inspire all LUNA Holders to promote viral spread.
The logical closed loop envisioned by LUNA is to gain fans through live broadcasts and increase Holders, and on the other hand, to destroy tokens in the form of live broadcast rewards, thereby achieving market value growth. However, the reality is contrary to expectations. Since LUNA reached its peak market value on November 20, it has continued to decline and gradually stabilized at a market value of 50 million.
Aixbt
In addition to LUNA, aixbt, the second AI agent on the Virtuals platform, also performed well.
AIXBT is an AI Agent released by @0rxbt on @Virtualss_io half a month ago. It can scrape data from multiple sources and 400+ KOLs and spit out real-time information feeds. If users hold more than 600,000 AIXBT tokens, they can also directly access the AIXBT terminal. It is currently the second-ranked AI Agent on @Virtualss_io.
On November 16, the deployer of aixbt proposed to burn tokens to increase their scarcity. This view was immediately responded by aixbt. After that, the token AIXBT also rose and continued to rise. The current market value is stable at around 34 million. At the same time, when memecoins on Solana such as ai16z were cross-chained to Base, aixbt was also "eating from the bowl and looking at the pot", announcing on November 18 that aixbt would cross-chain to Solana. The possible reason is that the Base ecosystem is not paying enough attention, resulting in a low liquidity ceiling.
Sekoia
Sekoia and ai16z are similar in that they are “VCs stepping in.” Although the name is Sekoia, on November 19, Anand Iyer, founder of crypto VC Canonical, posted a long post on his social media platform saying that he has invested money and time in the AI agent project SEKOIA, which was initially an experiment. “Now I am fully committed and hope to make it bigger.”
SEKOIA (Strategic Ecosystem Knowledge & Opportunity Investment Agency) is an autonomous AI system that will cultivate and grow the AI ecosystem through strategic investments. SEKOIA will be introduced via Telegram and will announce its first investment soon. That is to say, AI investing in AI, which may sound a bit ridiculous, but SEKOIA's narrative market is willing to pay for it.
It is currently ranked third on Base’s Virtuals platform and its market capitalization has exceeded $20 million.
Clanker Series
Clanker is an AI token issuance platform based on Farcaster, which can be simply understood as the Farcaster version of pump.fun. Clanker makes the issuance of token assets easier. Its platform token is CLANKER, which is exactly the same as VIRTUAL. It basically goes up all the way, using the pull to conquer all FUD people. Although it is not as high as VIRTUAL's market value of 200 million, it has just broken the threshold of 10 million, which is also considered a "newbie village" on Base.
Clanker, an asset issuance platform based on Base, is both good and bad. On the one hand, it gives Degens on the chain an opportunity to create new narratives. On the other hand, too many asset issuances begin to suck blood from each other in the Base ecosystem, and the final result is that one general succeeds while many others suffer. Recently, two tokens have been launched under Clanker.
LUM
LUM is a token created and deployed by aethernet and clanker without any human intervention. The initial cause was that a user asked aethernet to issue a token through clanker. Now the market value of LUM has reached 32 million, even exceeding the market value of the token of its issuing platform clanker.
The creation of LUM is certainly a good thing, highlighting the collaborative interaction between AI and users. But what is outrageous is that the issuance of LUM is equivalent to sucking the marrow out of its own community token HIGHER. HIGHER has directly become "LOWER".
Anon
ANON is extremely popular. Initially, ANON was a ZK anonymous posting function token deployed by Clanker. No one was interested in it when it was first launched. However, on November 21, Vitalik and Jesse from the Base team purchased ANON respectively, and then started the road of winning people over with the rise, increasing 6 times from the bottom to the highest point, and smoothly breaking through the market value of 50 million. However, ANON is also fundamentally different from AI meme. Its positioning is that the application coin is not an emotional consumable like other memes. In this era where the market is pulled up by hot spots, if there are no two great gods, the emotional consumption of ANON will soon dissipate, and the dilemma of value application will follow.
other
Dreamcoin
In addition to AI Agent launch platforms such as Virtual, base also has its own pump.fun. Dreamcoin.fun is a token launch platform based on Zora's wow protocol. Interestingly, dreamcoin has a bit of the flavor of "Zhou Gong's Dream Interpretation". Enter your dream in dreamcoin to create a token after "dream interpretation". The handling fee collected by the platform will be used to repurchase and destroy dreamcoin's founding token DREAM. The platform coin DREAM has not received much attention, and its current market value is still struggling to support around 2 million.
New Wine: Desci Series
The Desci narrative has been hot recently. In the longevity drug concept, Uro and RIFSOL have both surpassed the 100 million market value and were quickly listed. Although the concept of Desci was proposed as early as 2022, the recent explosion of URO and RIF has attracted great attention from the market. The Desci narrative seems to be blooming everywhere on Solanan, and in fact, it has already begun to show signs on Base.
Life
As early as April this year, VitaDAO migrated from the Ethereum mainnet to Base due to gas issues. VitaDAO is a group that focuses on funding early longevity research and has received investment from Pfizer. VITA's popularity is still due to celebrity support. During Devcon in Thailand, Vitalik showed CZ VitaDAO's first product, VD001, a high-dose spermidine product that can be used as a longevity supplement. CZ then said that "I hope to see 1,000 Desci projects next year." Influenced by this statement, VITA pulled up 5 times from the bottom in a week, and smoothly broke through the market value of 100 million. But its performance on Base was mediocre.
Baby
Baby is supported by AthenaDAO, a DAO organization under Bio Protocol. It belongs to the Desci DAO concept. AthenaDAO deployed 5 ETH on the Base network to increase liquidity to support Desci's meme project. On November 20, BABY announced the launch of a cross-chain token exchange function, where users can cross-chain to the Base network and exchange BABY tokens. Currently, Baby does not have much voice in the Chinese community, and its market value is also low, maintaining at around 2 million.
Grow
GROW is the community governance token of ValleyDAO. ValleyDAO is a community that funds research into synthetic biology. It advocates environmental protection, nature, and the health of the original ecology. Its political spectrum is more inclined towards the "Green Party" that is very fashionable in Europe. The ValleyDAO project HempKnit raised about 17.5 ETH, which is currently worth about $55,000. GROW holders can vote on projects, co-fund research, and obtain shares in new biotech.
However, the GROW pool is currently very shallow, and synthetic biology currently has no compelling concepts and narratives, so investors need to pay attention to risks.
Summarize
The biggest problem of Base is the insufficient liquidity. Maybe everyone is used to Solana's high-intensity pvp and seems to be dismissive of the meme of the Base ecosystem. However, just two months ago, 30 million was the hard cap of the meme on the chain. Two months later, memes with a speed pass of 50 million were everywhere. The Base ecosystem has not caught the attention of many young P players, but Vitrual has already secretly reached a market value of 200 million. There are opportunities in danger. When everyone is pessimistic about Ethereum, Base has become the last hope of Ethereum.
