According to Wu, according to the cgrogan data panel, since March, the Base network has issued more than 500,000 new tokens, making it the network with the highest new token issuance among the mainstream EVM networks. Among them, the Base network added 240,000 new tokens in April, setting a record high, and 177,000 new tokens in May. The Base network has become an important place for the issuance and speculation of Meme coins outside of Solana.