Meme coins on the BASE blockchain

The BASE blockchain is taking off.

Looking at TVL, it took 23 days to reach $2 billion from $1 billion. Short-term trading volume has surpassed Solana and Ethereum.

The reason is trivial for 2024 - meme coins:

✔️ The BRETT meme-coin (legendarily PEPE's best friend on the BASE blockchain) was launched - the coin quickly reached a $500 million capitalization. A rather trivial meme-coin is just a clone of PEPE. It has already been listed on Bitget, BitMart, GATE. io

✔️Мем-coin $TOSHI (capitalization over $200 million). There is something interesting here, firstly, the meme-coin is dedicated to a cat, which is already unusual for crypto, because all major meme-coins are one or another dogs and frogs.

Big plans for the ecosystem are announced, a lot of interesting functionalities are announced, starting with Launchpad and Swap and ending with Multi-sender and Token locker. I wouldn't take the plans about the ecosystem too seriously, since meme-coin isn't new and nothing has been done =) But the team at least had the time to spend an extra few hours on the site.

And launched an NFT collection worth almost 300 ETH.

Listing from CEX was done on BingX, CoinEx, BitMart.

The coin has potential. If listed on some OKX or Coinbase, it will show sparks.

📍Why buy meme coins that are already worth hundreds of millions of $? Not everyone likes to be a sniper and try to catch one of dozens of HYIPs right at launch. Buying large capitalization meme-coins is unlikely to give Xs, but you won't lose everything in a matter of hours + lots of liquidity, no monstrous slippages, you can buy for a decent amount. In the phase of market euphoria such a strategy is acceptable, in other cases, when mem-coin reaches hundreds of millions of dollars, it is better to look for opportunities to short it or simply do not touch it.Remember that there is nothing in these coins except the hype and successful market conditions and potential listings on major exchanges.Not a trading recommendation.

$PEPE $BOME #FjordTrader #BTC #Ethereum