A meme coin is a form of cryptocurrency that bases its inspiration on internet memes or jokes. Dogecoin, launched in 2013 and based upon the then-popular Doge meme featuring a Shiba Inu dog from Japan, was the first of its kind.
Recently, meme coins have become a popular investment choice. These coins, often inspired by popular culture and internet trends, offer potential for substantial returns.
Among the various platforms hosting these tokens, the Base blockchain stands out with an array of promising meme coins. So, what are they?
Essentially, they are meme coin tokens that function on the Base network, which is a layer 2 solution for the Ethereum blockchain, supported by Coinbase. With this background, some market observers speculate that Base tokens might be the next influential trend in cryptocurrency.
Coinbase is a significant player in the cryptocurrency space, particularly in the US. The firm has a user base of over 100 million and handles billions in trading volume weekly. As a regulated exchange in good standing with legislators, it has a promising long-term prospect.
These factors might position Base as the go-to layer 2 ecosystem. It provides competitive fees, impressive scalability, and quick transaction times, making the Base network appealing for traders interested in speculative meme coins.
From coins inspired by comic series and popular figures to projects that aim to revolutionize decentralized governance, each brings their unique flavor to the market.
This article will guide you through some of the top Base meme coins that have been making waves in the crypto community.
Rankings according to Market Capitalization (Latest Update):
| Rank | Project Name | Market Capitalization |
| 1 | Brett | $361.5M |
| 2 | Degen | $215.9M |
| 3 | Toshi | $150.3M |
| 4 | Normie | $27.4M |
| 5 | Mochi | $20.9M |
| 6 | Doginme | $20.2M |
| 7 | BaseGod | $16.4M |
| 8 | Basenji | $13.7M |
| 9 | Briun | $3.2M |
| 10 | Bloo | $2.0M |
Inspired by the comic series titled Boy’s Club by Matt Furie, produced in 2006 with four main characters namely Andy, Landwolf, Brett, and Pepe. It seems that the project is nurturing the ambition to rival its good friend Pepe and become the next billion-dollar meme coin project.
The project also has some notable points such as being listed on quite a few CEX exchanges like BingX, Bitget, Bitmart, Gate,… At the same time, the development team has also renounced ownership of the project (contract renounced in the image below).
Degen, an ERC-20 token launched in January 2024, has reshaped the Farcaster ecosystem by enabling Casters to reward others with DEGEN for posting quality content.
Unlike other meme coin projects, Degen has real utilities around its token. Degen aims to become a utility coin for the community on the decentralized social media platform Farcaster.
The project reached a market capitalization of 250 million dollars at launch. As of now, the project has achieved impressive numbers such as having 174k holders, over 3 million transactions, etc.
In addition, the project has also created Bounty programs to attract people with attractive rewards such as Memes Bounties, Frames Bounties, Logo Bounties, etc.
If in the past Solana Meme season, a project named after the pet of Solana’s founder appeared, there is also such a project in the Base system. That is the pet cat of Brian Armstrong – the founder of Base ” Toshi”.
The name of his cat was inspired by the creator of Bitcoin – Satoshi Nakamoto. Toshi aims to become the face of the Base blockchain and a leading figure in the burgeoning Base ecosystem.
At the heart of Toshi’s evolution lies the MEOW DAO, a testament to our commitment to decentralized governance and community empowerment. A DAO, or Decentralized Autonomous Organization, is a collective governed by its members’ votes, making decisions transparently and democratically.
Toshi is on a transformative journey, transitioning into a fully decentralized DAO. This shift signifies a move towards a governance model where decisions are made by those who hold Toshi tokens and NFToshis, granting them voting rights within the DAO.
Base is for the normies and NORMIE embodies the essence of Base through meme culture, it’s the perfect match.
Normie is all about the community, everything is designed to encourage our people to actively contribute to the token’s growth, with the ultimate aim of reaching all the normies out there. They are the people’s coin.
The project orientation will open an easy access path and high-profit potential for new users coming to the Base ecosystem.
The Doginme memecoin’s roots were established when a Farcaster user inquired if Dan Romero (DWR), the founder of the decentralized social media platform, owned a dog.
DWR replied affirmatively: “NO BUT I GOT THAT DOG IN ME” Doginme is the first memecoin to launch that represents the Farcaster founder’s dog that is in fact not a dog but the primordial dog in him.
Doginme is one of the first and most popular meme coins on the Base system with a market cap of over a hundred million dollars.
Named after the CEO of Coinbase’s pet cat, MOCHI pairs the unstoppable narrative of being Brian Armstrong’s cat with Coinbase’s push to bring the masses onchain to Base. The masses will love Mochi, and thousands on Base already do.
Seen support from top Base executives, KYC’d to Coinbase, and receiver of a grant from Coinbase.
Mochi will launch a game project in the future, along with physical Merchandise items. Notably, Mochi will develop its treasury to encourage developers and artists on Base to contribute more to the overall ecosystem.
Another meme project inspired by the founder of Base, TYBG, is an acronym for “Thank You Base God”. TYBG launched on January 29 and was built to the standard of an OG on the Base system, which can be understood as having all the elements to become a successful meme project.
TYBG also owns a collection of NFTs named with a total of 809 NFTs, symbolizing the anniversary of Base’s mainnet launch (August 9). Among them are 9 special NFTs named “Based God and Pilled” with content telling a fictional story of a project called “The Gospel of B.”
The Basenji’s history in Ancient Egypt dates back thousands of years, where they were revered as companions to pharaohs and depicted in ancient hieroglyphics.
Known for their intelligence and hunting prowess, Basenjis were prized for their ability to assist in tracking and capturing game in the Egyptian desert. Basenji boasts a straightforward tokenomic structure, built to endure for eternity.
Just like the timeless legacy of ancient Egypt, BENJI is poised to withstand the sands of time. BENJI stands out with its remarkable 0% buy and sell tax, offering investors a seamless journey through the digital oasis.
$BENJI’s renounced contract and liquidity burnt exemplify its commitment to fortifying the digital landscape.
Inspired by the Solana’s meme coins BODEN and TREMP, two projects are named and iconized after US presidents Biden and Trump. The project intentionally draws quirky lines and misspells names to create a sense of strangeness that attracts community attention.
Briun follows a similar motif based on the model character Brian Armstrong. Since the mainnet, the founder of Base can be said to be one of the biggest inspirations for meme projects.
Right on Briun’s homepage, there is an integrated casual game, it is still unclear whether this game is related to the main BRIUN token in the future, or just for entertainment.
Briun’s deflation mechanism: thanks to the fee mechanism of UniSwap V3, Briun continuously carries out buy-back transactions and burns 5.41% of the total supply with the aim of reducing supply every day.
This is a meme coin project about a homeless soul rescued and nurtured by Brian Armstrong and Jesse Pollak – leaders of Base, along with meme characters Brett, Toshi, Doginme. Notably, Pollak also shows his support for Bloo on social media platforms.
The project has two advantages:
In terms of media, Bloo regularly simulates famous photos or films around the world such as Will Smith’s slap, Ellen Show, Messi vs CR7, Batman, The GodFather, Peaky Blinders…
In conclusion, meme coins are rapidly gaining popularity and the Base blockchain serves as an important platform for these tokens. Each meme coin, from Brett to Bloo, carries its own unique story and potential, drawing influences from various aspects of popular culture and notable figures.
Each has unique features and utilities that appeal to different parts of the crypto community. While these projects are intriguing, it’s important for potential investors to conduct thorough research and understand the volatile nature of the market.
The future of these meme coins remains to be seen, but the enthusiasm and creativity driving their development suggest they will remain a significant part of the cryptocurrency conversation.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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