As a seasoned investor with a knack for spotting trends and a soft spot for internet culture, I’ve found myself intrigued by these so-called meme coins that have been popping up left and right. I must admit, I’ve been a Normie all my life, always watching from the sidelines while others jumped into the latest fads. But when I stumbled upon Base meme coins, something clicked.
Over the past few years, meme coins have become the center of attention, and it’s easy to see why. These digital currencies often undergo rapid expansion, creating substantial gains for investors who stay alert.
Beyond that, isn’t it appealing for someone to be part of the group holding tokens granting them entry into meme-based cryptocurrencies? These provide an interactive method to delve into the world of cryptocurrency or expand one’s investment portfolio.
However, how can one predict which meme cryptocurrencies will withstand the fluctuations in the crypto market?
To fully understand the market for Base meme tokens, it’s essential to take multiple aspects into account, including the past performance and economic structure (tokenomics) of each cryptocurrency, along with any related events and updates that may impact the token’s value.
Fortunately, we’ve chosen the leading Base meme coins, considering their market capitalization and various performance indicators, to provide you with a more comprehensive view.
Thus, read further and pick your favorite!
Top Base Meme Coins by Market Cap
1. Brett (BRETT)
- Price: $0.08869
- Market capitalization: $878,595,481
- Trading volume (24h): $34,826,996
- Circulating supply: 9,910,164,344
- Ranking: #88
Brett is currently our top-ranked meme cryptocurrency, built on the Binance Smart Chain network. It’s modeled after a character named Brett from the “Boys Club” comic book series created by Matt Furie, and it was one of the earliest meme coins launched within this network. Similar to other meme-based cryptos, Brett has a strong, dedicated community behind it, and its meme has gained significant popularity not just globally, but particularly in the crypto world.
Due to the widespread success of the meme, Brett’s fame grew significantly, yet this popularity sparked some criticism as well. The primary issue arose from Brett’s unstable value, but its dedicated community chose to disregard these worries, allowing the Base meme coin to sustain its expansion.
To give you a rough idea, this Base network meme token saw a 14,000% growth, equivalent to 60x growth.
In terms of token distribution, Brett owns approximately 85% of the tokens, which are distributed across liquidity pools, while 10% are kept in a treasury reserve. The remaining 5% are held on centralized exchanges and personal wallets. With a market capitalization of $878,595,481 (as of this writing), Brett’s project is one of the largest Base meme coin endeavors, propelling the entire network forward through its significant input.
2. Degen (DEGEN)
- Price: $0.008142
- Market cap: $138,212,062
- Trading volume (24h): $18,814,973
- Circulating supply: 16,915,730,663
- Ranking: #353
In the first quarter of 2024, the DEGEN token was introduced within the Farcaster platform. Its original purpose was to serve as a reward system for the vibrant Degen community. Farcaster, an Ethereum-powered social network, offers users the opportunity to earn DEGEN tokens by sharing top-tier content.
DEGEN operates within the Ethereum blockchain as an ERC-20 token, backed by Base. This token encourages user interaction and offers incentives through airdrops and staking programs. It also serves as the native gas token on the recently established Degen Chain, a Layer 3 network.
The distribution system of DEGEN‘s tokens is designed to foster far-reaching dissemination and lasting value generation. At first, approximately 47.2% of the total token amount was dispersed during a “fair launch,” while other portions were reserved for fostering the ecosystem, listing on decentralized exchanges, and distributing through airdrops.
The project features a tiny self-destruct function that helps limit supply, potentially boosting its future worth.
3. Toshi (TOSHI)
- Price: $0.0002047
- Market cap: $86,676,318
- Trading volume (24h): $4,474,612
- Circulating supply: 420,690,000,000
- Ranking: #487
Toshi (TOSHI) is a digital currency that’s based on memes, following the popular trend of lighthearted, community-focused tokens. Being developed on the BASE blockchain, Toshi’s popularity is largely due to its fun image and user-friendly characteristics.
Consequently, the token grants its owners a blend of practicality and entertainment. Furthermore, TOSHI fuels numerous decentralized applications (dApps) that provide sophisticated trading features and insights. These features, soon to be consolidated under the ToshiTools brand, aim to simplify and streamline cryptocurrency management.
Furthermore, Toshi enters the NFT realm via initiatives like NFToshis, merging digital trinkets with the token’s broader financial applications. This NFT series comprises 3,000 items, designed and stored on Base, and was debuted on Rarible in August 2023.
In a straightforward approach, TOSHI‘s token structure adheres to a single model, with a total issuance of 420.69 billion tokens. The objective is to spread these tokens broadly and encourage community involvement through its Meow DAO platform, where token owners can voice their opinions on crucial decisions regarding the crypto project by casting votes.
4. Keyboard Cat (KEYCAT)
- Price: $0.005872
- Market capitalization: $61,106,774
- Trading volume (24h): $5,192,382
- Circulating supply: 10,000,000,000
- Ranking: #605
As an analyst reflecting on the subject, I’ve come across the intriguing tale of Fatso, the feline sensation who made history in partnership with his owner, Charlie Schmidt. Notably, a video featuring his cat became a viral meme sensation, which can be attributed to the vibrant internet culture that was bustling even three decades ago.
The Keyboard Cat meme was the idea behind another popular meme coin, KEYCAT, which is also one of the best Base chain meme coins by market capitalization. Launched nearly 1 year ago, Keyboard Cat is a meme token initially built on Solana. After some time, it decided to leverage Base’s features, too.
Those holding Keyboard Cat (KEYCAT) on Base can benefit from various special perks, including:
- Direct airdrops for new tokens;
- The opportunity to contribute to the governance of the ecosystem;
- Exclusive access to the latest features and updates in the Keyboard Cat ecosystem.
5. Basenji (BENJI)
- Price: $0.03381
- Market capitalization: $33,768,555
- Trading volume (24h): $1,926,646
- Circulating supply: 1,000,000,000
- Ranking: #828
The digital currency known as Basenji (BENJI) generated a lot of excitement upon its debut. Launched on March 25, 2024, this meme coin quickly gained traction and, within the first 24 hours, its market value soared to an impressive $30 million.
As a researcher delving into the world of cryptocurrencies, I find myself intrigued by BENJI, a meme coin centered around the Basenji – believed to be the oldest dog breed known to man. The name alone leads one to expect that this digital currency would somehow hark back to its ancestral roots, ‘Base’, doesn’t it?
One way of rephrasing in a natural and easy-to-read manner would be: “Basenji stands out due to its focus on security, transparency, scalability, and decentralization. However, it’s important to note that BENJI, like many other cryptocurrencies, aims to overcome the blockchain trilemma.
The community of Basenjis has seen a significant surge in growth, particularly on social platforms. For instance, they boast over 15,000 followers on Twitter and nearly 5,000 subscribers on their Telegram group.
Benji’s project is broken down into three primary stages. We’re now in the final stage, where some of its objectives have already been accomplished. For instance, it has amassed a community of 87,383 holders (as per BaseScan data at the time of writing). In this phase, additional goals include getting listed on centralized exchanges and possibly collaborating with other entities for regular token burns.
6. Mister Miggles (MIGGLES)
- Price: $0.03127
- Market capitalization: $29,852,070
- Trading volume (24h): $4,430,250
- Circulating supply: 958,766,054
- Ranking: #877
It’s possible to describe Mister Miggles as one of the most adorable memes that has arisen. Although Coinbase didn’t anticipate it would become so widely recognized, they were actually the ones who launched it as part of their NFT campaign. The story begins with a cat video from Coinbase’s NFT campaign which featured Mister Miggles.
Mister Miggles (MIGGLES) sets itself apart from other meme coins by avoiding traditional methods like presales, influencer endorsements (Key Opinion Leaders), and airdrops. Instead, its expansion relies solely on the “genuine, decentralized enjoyment” of its community.
This crypto initiative has unveiled a series of 10,000 unique Miggle-themed NFTs, developed on the platform called Base. You can find these NFTs on both OpenSea and Magic Eden marketplaces. Owners of these NFTs will be eligible for exclusive benefits and additional special privileges.
Miggles is available for purchase on a variety of platforms such as Bitget, MEXC, CoinEx, Gate.io, BingX, among others, and boasts support from numerous companies including LBank, KCEX, Bitrue, SuperEx, Poloniex, and many more. Given the benefits provided by Coinbase and Base, it’s plausible that Mister Miggles could soon rise to become one of the leading meme coins.
7. mfercoin (MFER)
- Price: $0.02403
- Market capitalization: $24,029,427
- Trading volume (24h): $4,135,917
- Circulating supply: 999,998,066
- Ranking: #995
Mfercoin, often referred to as the “rebel” or “rogue” in the world of cryptocurrencies, has earned this title due to its unconventional nature. This meme coin was crafted by Sartoshi, symbolizing the original “Mfers,” the pioneers who kick-started the crypto revolution, as well as the countless others who are joining or will soon be a part of the crypto movement.
Mfercoin stands out for its lively digital gathering spot, referred to as the “Mfer Community”. Members here are affectionately named “Mfers”, depicted as simple sketches of stick figures seated at computers, wearing headphones.
Mfercoin, unlike other meme coins, was created without any promised profit or predetermined function. Instead, one might wonder, what is its objective?
As per Sartoshi, the creator of mfercoin, this project does not strive for any particular goal. It’s not intended to provide a service or increase in value. Instead, it was constructed as a tribute to crypto enthusiasts. The token’s name itself reflects admiration towards crypto investors and their dedication to the digital currency realm.
Therefore, will its value rise or remain steady? Regardless of what Sartoshi and other MFER holders think, the strength of a community seems crucial. It’s this aspect that has helped MFErcoin earn a place among the leading cryptocurrencies today.
8. doginme (DOGINME)
- Price: $0.0002827
- Current market cap: $19,116,693
- Trading volume (24h): $992,967
- Circulating supply: 67,619,999,999
- Ranking: #1,099
You may know it, you may not, but we are here to remind you of the time when Dan Romero, the founder of Farcaster, was asked whether he owned a dog. He replied, “No, but I got that dog in me.” Can you notice how DOGINME emerged?
As stated on their official site, “DOGINME is the initial meme-based cryptocurrency symbolizing the founder of Farcaster’s inner canine spirit, which metaphorically speaks to his original dog.
Doginme seeks to foster a sense of community within the cryptocurrency world by celebrating and nurturing the ‘dog’-like qualities in individuals. This unique approach has enabled DOGINME to attain a market capitalization of $19,116,693 (as of writing).
So, have you got that dog in you?
9. ChompCoin (CHOMP)
- Price: $0.1454
- Current market cap: $13,627,224
- Trading volume (24h): $540,349
- Circulating supply: 93,693,013
- Ranking: #1,261
ChompCoin is a fresh meme currency that has recently emerged, much like other meme currencies, by leveraging social media hype and an increasing fascination with decentralized finance (DeFi). Its initial popularity was fueled by grassroots initiatives and catchy branding reminiscent of well-known meme coins such as Dogecoin or Pepe.
ChompCoin primarily functions on decentralized trading platforms, utilizing the Ethereum blockchain for its smart contract capabilities. This setup enables users to exchange ChompCoin with other tokens such as ETH and USDC via Uniswap. Additionally, ChompCoin has a maximum supply of 100 million tokens, but some have already been destroyed, reducing the active supply to approximately 93.7 million.
ChompCoin has seen significant price surges recently, with a notable 23% jump over the past week. The record high of $0.9615 was set in June 2024, but it’s currently below that level. Despite being categorized as a meme coin, its well-designed economic model, including a limited supply and continuous burn system, has helped maintain its longevity.
10. NORMIE (NORMIE)
- Price: $0.01473
- Current market cap: $14,362,145
- Trading volume (24h): $212,909
- Circulating supply: 974,572,368
- Ranking: #1,230
Introduced in March 2024, Normie (NORMIE) stands as a meme-based cryptocurrency established on the Blockchain platform, closely tied to the slang term for individuals who’ve yet to venture into the burgeoning crypto market amidst its consistent surge in popularity.
Similar to other meme-based cryptocurrencies, Normie doesn’t have any inherent worth or substantial financial support, but it aims to prosper through community interaction and participation. Essentially, Normie is a fun endeavor to blend internet meme culture with the blockchain universe, much like Dogecoin and Shiba Inu did before it.
Normie represents a payment method that operates without a central authority, utilizing advanced blockchain technology to ensure safety and openness. Each transaction is handled and validated using self-executing contracts known as smart contracts, making them unalterable and traceable on the blockchain network.
Normie’s token distribution is simple but typical of humorous meme tokens. A total of 1 billion tokens make up its maximum supply, with the humor coming from its exaggerated token quantity.
As a crypto investor, I’ve noticed that the market cap of this token hovers around the 14-million-dollar mark, but its trading volume remains fairly modest. Much like other meme coins, its value seems to be heavily influenced by community buzz and market trends rather than being grounded in its underlying utility or financial fundamentals.
What Are Base Meme Coins?
Meme tokens function within the Base blockchain, a Layer 2 platform devised by Coinbase that complements Ethereum. These digital assets aim to foster community interaction, humor, and inclusivity, frequently deriving ideas from internet memes or popular culture.
Despite having little inherent worth or practical use, these meme coins often thrive on their potential to generate excitement within online communities and crypto environments. Coins such as Toshi, Keyboard Cat, and ChompCoin have garnered attention due to their lighthearted nature and the cost-effective transactions that the Base network facilitates.
Typically, base meme coins are introduced with large initial token supplies and amusing branding, making them attractive for cryptocurrency fans who prefer a lighthearted approach to investing, as opposed to conventional investment methods.
These digital assets often expand via word-of-mouth promotion, distribution methods like airdrops, and active involvement of the community. Yet, they exhibit significant volatility, as their value can rapidly fluctuate due to internet fads, endorsements from popular figures, or significant additions to decentralized trading platforms.
FAQ
How to buy meme coins?
Similar to other digital currencies, meme coins are available for trading on both centralized and decentralized platforms. To pick the meme coin you wish to invest in, first determine if the exchange you prefer has it listed. After that, consider the platform’s transaction fees and security measures before making your purchase.
Where can you find new meme coins built on Base?
Typically, they’re available on widely-used sites such as CoinMarketCap and CoinGecko, as well as the pages of many centralized exchanges. Sometimes, you might initially spot them on social media platforms due to their emphasis on fostering communities and marketing efforts.
What are the top 5 Base meme coins?
As a crypto enthusiast, I find myself consistently drawn towards the top five base meme coins by market cap. These include Brett, Degen, Toshi, Keyboard Cat, and Basenji – each offering unique potential in the rapidly evolving world of digital currencies.
Is it safe to invest in meme coins?
We recommend researching before investing in meme coins, which can sometimes be scams. You can look on blockchain explorers to learn more about holders, check transaction history, and even check their social media accounts.
In Conclusion
Delving into the world of cryptocurrency, you’ll inevitably come across meme coins that catch your eye. These digital assets invest heavily in consistent and impactful marketing strategies, often resulting in sudden spikes in their popularity.
Meme-based cryptocurrencies might be the newcomers, but they’ve shown just how crucial a solid community can be for growth. Coins such as Brett or Keyboard Cat boast impressive market cap figures and consistently keep up with a respectable trading volume.
So, have you decided what your go-to is? Will it be Brett, or do you prefer Toshi? Let us know!
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2024-10-14 10:25