BASE Ecosystem Meme Coins List
Base is a layer-2 solution built on the Ethereum blockchain, utilizing the Optimism framework. Developed by Coinbase, it aims to enhance transaction speed and reduce costs, making it an attractive platform for various blockchain applications, including memecoins. As of mid-2024, Base has rapidly ascended to become one of the largest Ethereum layer-2 networks, boasting a Total Value Locked (TVL) of approximately $2.45 billion and supporting over 65 million addresses on the network. This growth is fueled by its ability to offer low gas fees—around $0.10—and high transaction throughput, which can reach up to 31 transactions per second. These features make Base particularly appealing for meme-focused projects, which thrive on community engagement and viral marketing.
Let’s move ahead and discuss some popular Base ecosystem Meme coins.
10 Popular Base Meme Coins
Brett
Brett was launched on February 29, 2024. Created by Matt Furie, the mind behind the well-known Pepe meme, Brett aims to reflect the fun and humour of meme culture while using blockchain technology.
Brett’s total supply is capped at 10 billion tokens, with 10% reserved for the treasury, 85% directed to liquidity pools, and 5% allocated to centralized exchange wallets.
Brett coin features include strong community engagement, decentralized structure, and integration within the broader Ethereum ecosystem. Brett’s applications are primarily community-driven. They operate as a cultural icon and mascot for the Base Chain ecosystem. The coin’s popularity grew because of its sudden price spike, decent market capitalisation, and listings on major exchanges like Bitget, KuCoin, and Binance Futures.
DEGEN
DEGEN began as a meme coin but has since become more established in cryptocurrency. Initially, it was given to active participants of Farcaster’s Degen channel and now serves as the native token for Degen Chain, a Layer 3 blockchain built on Ethereum’s Layer 2 Base.
DEGEN’s primary purpose is to handle gas fees on the Degen Chain, which features minimal transaction costs and a solid community-first philosophy. After its launch, the token recorded nearly $100 million in transaction volumes in just 24 hours. The tokenomics are built to encourage ongoing community involvement, with 70% of the token supply set aside for future airdrops. The token’s popularity can be traced to its low fees, engaged community, and significant utility within the Degen Chain ecosystem.
TOSHI
Named after the pet cat of Coinbase CEO Brian Armstrong, TOSHI playfully references the pseudonym of Bitcoin’s creator, Satoshi Nakamoto. The coin has 420 billion tokens in circulation, with a market cap of around $58.65 million. Its 24-hour trading volume often reaches millions, indicating high liquidity and active trading.
One feature of TOSHI is its association with NFTOSHIS, a set of 3,000 unique NFTs. This integration improves collectibility and promotes community engagement in the TOSHI ecosystem.
TOSHI has also introduced developer utilities, like token lockers, liquidity lockers, and multi-sender tools, to improve transparency and security in token management. Not only that, the introduction of the MEOW DAO, a decentralized autonomous organization, marks a significant step towards decentralized governance. It allows TOSHI token holders to participate in decision-making processes.
BENJI
The BENJI Base Cryptocurrency, known as Basenji (BENJI), draws inspiration from the Basenji dog breed. It has a total supply limit of 1 billion tokens, with around 922 million circulating. This managed supply ensures the coin’s value remains stable while mitigating inflation risks.
BENJI gained attention by hitting a market cap of $30 million just 24 hours after its launch and peaked at $57 million within its first week. Presently, BENJI has an estimated market cap of $27 million, with a trading volume of about $1.37 million in the last 24 hours. These figures suggest a solid level of trading activity and keen market interest in the coin.
MIGGLES
MIGGLES is a relatively new name. You can trace its roots to a viral video featuring a Himalayan cat, and because of the concept behind its origin, it is marketed as the “Coinbase Cat Mascot.” The current circulating supply of MIGGLES is approximately 960 million coins, with a market cap hovering around $23.58 million.
Recent news reveals that the MIGGLES community has acquired the Miggles 10k NFT collection. This marks a significant achievement as the inaugural major NFT collection acquisition by a community takeover initiative.
MIGGLES enjoys active trading on major exchanges, including LBank and decentralized exchanges like Aerodrome, which helps increase its liquidity and market recognition.
MFER
Named after popular internet slang, the “MFER” coin targets a youthful, tech-savvy audience. Its overall supply is capped at 1 billion coins, promoting scarcity and potential value growth as demand escalates. Recent reports highlight a significant increase in trading volume and market interest for MFER, spurred by its recent inclusion on major exchanges like Gate.io.
MFER integrates social elements, allowing users to earn rewards through community participation and content creation. This gamification aspect has made it particularly popular among younger investors looking for more than just financial returns.
KEYCAT
KEYCAT Base ecosystem Cryptocoin operates as a decentralized cryptocurrency that celebrates the legacy of the famous Keyboard Cat meme. It features a total supply of 10 billion coins, with the circulating supply equalling this figure, thus ensuring that all coins are available for trading and usage.
The coin has had considerable trading activity, with a 24-hour trading volume commonly above $1 million. With a steady price increase, the coin performs better than many other cryptocurrencies in the market. The market cap of KEYCAT is currently estimated at over $54 million.
CHOMP
The concept of CHOMP on the base ecosystem stems from a famous meme that features a cute, orange fuzzball character known as “Chomp.” This meme, which cleverly plays on the phrase “lettuce cook,” has turned into a representation of the coin’s joyful and community-focused essence. Currently, the total supply of CHOMP is 100 million tokens, with roughly 93.7 million tokens actively circulating.
CHOMP’s attention is rising because of its integration with decentralized exchanges, particularly Aerodrome SlipStream, where the CHOMP/WETH trading pair has been active. Additionally, the coin’s market capitalization is around $13.23 million, showcasing its growing popularity and market presence.
NORMIE
NORMIE coin’s symbol is a playful nod to internet culture, featuring a stylized representation of a “normie,” a term used to describe an average person not deeply involved in niche internet communities. NORMIE operates on the Base blockchain and is an ERC-20 token. The total supply of NORMIE is capped at 1 billion tokens, with approximately 974.57 million currently in circulation.
NORMIE made headlines after a smart contract vulnerability led to a dramatic decrease in its market cap, which fell from $41 million to just $2 million after bouncing back to the current levels of around $19.22 million. Despite this setback, the community remains active and optimistic about the coin’s future, continuing to trade primarily on decentralized exchanges like Sushiswap V2 and Uniswap V3.
BAMBOO
The bamboo base coin’s symbol, BAMBOO, reflects its connection to the meme culture, which is often associated with the image of a panda. The tokenomics of BAMBOO Base are simple to understand. With a total supply capped at 1 billion tokens, the coin’s market cap is directly affected by its price fluctuations. The fully diluted valuation (FDV) stands at $10.08 million, representing the total market worth if all tokens were available at the current price.
The 24-hour trading volume for BAMBOO Base stands at around $128,445. Most of this trading occurs on decentralized exchanges, with Uniswap V3 (Base) recognized as the most popular venue for BAMBOO token transactions. The primary trading pair on this platform is BAMBOO/USDC.
Conclusion
Whether you are a seasoned investor or just starting, exploring these meme coins can be a fun and engaging way to participate in crypto and in the growing Base ecosystem. Remember, while investing in meme coins can be entertaining, it’s essential to approach it with a balanced perspective, understanding both the risks and rewards involved.
You can stay ahead of trends and make informed decisions in your crypto journey by keeping an eye on the developments and adoption within the BASE ecosystem.
To explore meme coins and begin investing in them, download Mudrex today.
FAQs
How do Base Ecosystem meme coins differ from traditional crypto?
Unlike traditional cryptos focused on utility or innovation, Base meme coins primarily rely on community support, social media hype, and humorous concepts rather than intrinsic value.
Are Base Ecosystem meme coins safe to invest in?
Investing in Base meme coins involves high risk due to volatility, low real-world utility. Investors should conduct thorough research and avoid investing large sums.
What is the role of community in Base meme coins?
Community involvement is vital for Base Meme Coins’ success. It drives their value through social media engagement, memes, and viral content, often creating a self-sustaining ecosystem.
