In 2021, ecosystems that were bullish in the past have exploded:
- $SOL + 15,000%
- $FTM + 11,000%
- $BNB + 5,000%
The ecosystem backed by Coinbase and BlackRock could be the next shiny chain.
Unveiled this year’s 9 top Base projects with 100x potential.
Base is getting a lot of attention largely because of its parent company, Coinbase, which:
• Owns the title of the largest centralized exchange in the United States, with a valuation of over US$60 billion
• Serves as custodian of 90% of U.S. $BTC spot ETFs
• Is the chain of choice for Blackrock and USDC
Beyond that, Coinbase’s net revenue in the fourth quarter of 2023 was $905 million, up nearly 50% from $605 million in the same period a year earlier.
Last week, underlying TVL surged 77% to about $2.9 billion. Base currently ranks third among other Layer 2 solutions in terms of TVL, behind Arbitrum and Optimism.
Interestingly, despite being ranked higher, Base has twice the trading volume of Optimism.
From various indicators, March is also a monumental month for Base:
- 800,000 new users added every day
- Revenue increased from $18 million to $28 million
- Daily transaction volume surges from 500,000 to 2 million
The recent Ethereum Dencun upgrade has sparked growing enthusiasm in the community.
Before Dencun, a typical transaction on Base was around $0.31.
However, with the implementation of EIP-4844, network fees have plummeted to nearly a fraction of a cent.
Wallets need to be updated to cope with these cost reductions.
Additionally, the Base ecosystem is expanding every day as more large-scale projects transition to this blockchain.
This is no coincidence: Jessepollak has announced that a large portion of the total revenue will be used to support the development of the Base network.
During the upcoming bull cycle, the foundation will likely experience a significant increase in liquidity and new users.
Coinbase is developing a smart wallet that will simplify the process for its more than 110 million users, allowing ordinary people to easily transact on the blockchain without having to worry about storing mnemonic phrases or passwords.
In my opinion, Base seems to be a very promising layer 2 network. I'm anticipating the upcoming base season and have already started loading tokens.
In this article, I have compiled a list of coins with huge potential in the upcoming bull run:
1、Grandbase_fi - $GB
Grand Base is a decentralized marketplace for spot synthetic RWA, designed to provide RWA exposure without holding the actual underlying asset.
In early March, the project migrated liquidity from the ETH mainnet to Base.
Price: $3.70
Market cap: $40 million
2、Frok_ai - $FROK
Frok is an AI-powered platform designed to navigate the complex Web3 world with ease.
Its role in Web3 research is to reshape the way humans interact with AI and other humans to conduct research and communicate in Web3.
The $FROK project token is currently only deployed on Base, but the developers hope to add other chains over time.
Price: $0.19
Market cap: $18 million
3、GMRCenter - $GMR
GAMER is a community of gamers who collaborate to create innovative Web3 tools connected to the gaming and cryptocurrency hub GMR Hub and the Battle Leet game where players can collect and sell gaming NFTs.
The $GMR project token has been deployed on the Base network and will be listed on MEXC in the near future.
Price: $0.025
Market cap: $8 million
4、Aerodromefi - $AERO
Aerodrome Finance is a next-generation AMM designed to serve as Base’s central liquidity hub, combining a powerful liquidity incentive engine, a vote-locked governance model, and a friendly user experience.
A few days ago, Aerodrome hit a new high in TVL, crossing $355 million.
Price: $1.66
Market cap: $268 million
5、MoonwellDeFi - $WELL
Moonwell is an open lending DeFi protocol built on Moonbeam, Moonriver, and Base.
Moonwell allows assets within the Polkadot ecosystem to be used as collateral in DeFi applications, making them productive and composable with assets from other ecosystems.
Today, the project team announced that Moonwell’s total locked value has now reached $90 million.
Price: $0.058
Market cap: $106 million
6、Gh0stlygh0sts - $BOO
Gh0stly Gh0sts is a pioneer full-chain NFT series, using $BOO as its official full-chain token and powered by LayerZero_Labs.
You can bridge $BOO across various blockchains such as ETH, OP, BASE, ARB and AVAX.
Price: $0.00019
Market cap: $55 million
7、COMPETIBLEgame - $COMPETENT
KOMPETE is an all-in-one online team multiplayer game built on Unreal Engine 5. The game has the following game modes: Blitz, Kart Race and Social Deduction. The team promises to roll out the new mode soon.
At the end of February, the project team announced the launch of their gaming token $KOMPETE on the Base blockchain.
Price: $0.044
Market cap: $30 million
8、MaviaGame - $MAVIA
Developed by Skrice Studios, Heroes of Mavia is a free-to-play Web3 MMO strategy mobile game.
Players can buy, rent, or work with landowners to acquire and build bases in the game, earning more rewards as they battle against increasingly difficult bases built by other players around the world.
At the end of February, the developers announced their choice of Base blockchain as L2 to expand the Mavia ecosystem.
Price: $5.9
Market cap: $177 million
9、ParallelTCG - $PRIME
Parallel is a free digital trading card game (TCG) that allows collectors to truly own their own cards and other game items. These cards can be used to create decks and play in the online PC game, which is currently in beta.
Today, the project team announced that Parallel Shop is now available on Base.
It’s a collection that Base could be the next generation ecosystem to attract new users to cryptocurrencies, paving the way for wider adoption.
The "Coinbase effect" has not disappeared. I believe that Base's journey has just begun. Now that you are actively participating in the Base ecosystem, you will also receive Base airdrop token rewards in the future!
Remember, if you view your position as a long-term investment, market declines should be viewed as a gift. It provides the opportunity to purchase more tokens.
Finally, it's crucial to develop a strategy before making any purchase, and never invest all of your money.
I hope this topic is helpful to you, 🙏Thank you for your likes and support👍
