Solana-based meme coins are a hot topic in 2024. While older meme coins, like SHIB and DOGE, initially led the bullish charge, a host of new tokens have exploded onto the scene — most based on the Solana network. But Solana isn’t the only chain basking in the meme coin sun. Activity on Coinbase’s layer-2 solution, Base, is also gathering steam, with meme coins representing 75% of the top 20 tokens on the platform in March 2024, according to blockchain aggregation tool Dexscreener. So which Base Chain meme coins should you be keeping an eye on in 2024?
Let’s explore the seven best Base meme coins poised for significant growth. We’ve set out the tokens to watch out for, as well as where you can buy, store, and trade these speculative assets.
Methodology
BeInCrypto identified the top platforms for buying, trading and storing Base chain meme coins after extended testing over a six month period. We scrutinized a broad spectrum of options based on criteria including:
- Supported digital assets
- Fee prices
- Security protocols
- User access and platform availability
- Range of innovative features
Platforms to buy Base chain meme coin:s
Gate.io boasts extensive supported digital assets, catering to a wide range of investor interests. Additionally, Coinbase is known for its cost efficiency and competitive pricing structure, making it an attractive option for buyers, perfect for buying TOSHI and DEGEN. CoinEx prides itself on robust security protocols, ensuring a secure trading environment for its users. For Uniswap V3 (Base), the platform availability and user access are unmatched, offering decentralized trading directly from a wallet, perfect for trading Base God.
Platforms to store Base chain meme coins
Bitget excels by offering a broad range of digital assets for storage, granting users significant flexibility in portfolio management. Meanwhile, KuCoin attracts users with its cost-efficient pricing for storage services, prioritizing affordability. Furthermore, AscendEX ensures user confidence through its strong security measures for storage. Lastly, Coinbase Wallet simplifies digital asset management with its accessible and user-friendly platform, catering to users of all experience levels.
BitMart offers a wide array of digital assets for trading, catering to varied trader preferences and strategies. Additionally, MEXC stands out with its innovative trading features, providing tools for traders seeking a competitive advantage. Finally, Poloniex maintains a secure trading environment through stringent security measures, ensuring user safety within the industry.
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- The 7 best Base Chain meme coins in 2024
- 1. Brett ($BRETT)
- 2. Toshi ($TOSHI)
- 3. Degen ($DEGEN)
- 4. doginme (DOGINME)
- 5. Mochi (MOCHI)
- 6. Briun Armstrung (BRIUN)
- 7. Base God (TYBG)
- How we chose the top Base Chain meme coins
- What is the Base Chain network?
- Risks of investing in meme coins
- Base chain meme coins: High reward and high risk
- Frequently asked questions
The 7 best Base Chain meme coins in 2024
1. Brett ($BRETT)
Brett is the token with the highest market capitalization on this list, sitting just over $5.6 million as of March 27, 2024. The meme coin draws inspiration from Brett, a character in Matt Furie’s “Boy’s Club.” Launched on Feb. 27, 2024, BRETT distinguishes itself with a unique feature: its creators have renounced the contract and eliminated the mint function. This design choice hands total control over to the community, preventing the creators from issuing new tokens or altering the contract, thus ensuring a fully community-driven governance.
Users can buy BRETT on Gate.io. The full-service digital asset exchange platform covers millions of users around the world. Users benefit from low fees, a token reward program, and a debit visa card for eligible users. Established in 2013, the CEX has a solid reputation, making it a strong choice for meme coin enthusiasts looking to safely purchase BRETT.
BitMart listed BRETT on March 11, 2024. The available trading pair is BRETT/USDT. Users can take advantage of margin trading up to 5x leverage, as well as spot trading. The platform categorizes trading pairs into three sections. BRETT/USDT is considered a “Class C” trading pair, meaning the platform charges a 0.4% taker and 0.35% maker fee per trade.
If you’re looking to store Brett tokens, the Bitget Wallet offers a safe and compatible solution. The wallet is known for its “GetShield” security strategy, a holistic approach that aims to enhance security by monitoring for risks, verifying transactions, supporting hardware wallets, and leveraging cryptographic techniques for key management.
The wallet boasts partnerships with Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors. It also acts to a gateway to web3, supporting a huge range of DApps and multiple networks.
2. Toshi ($TOSHI)
Named after Brian Armstrong’s cat and the enigmatic Satoshi Nakamoto (Bitcoin’s pseudonymous founder), Toshi has established itself as a key player in the meme coin arena. As of March 27, 2024, Toshi ranks as the second-largest meme coin by market capitalization, boasting an impressive figure of over $237 million.
With an ambitious roadmap, Toshi promises to introduce a suite of features to enhance transaction efficiency, security, and community trust. These include a Multisender for bulk transactions, Toshi Token Locker for safeguarding assets, Toshi Swap for streamlined token exchanges, a Token Launcher Launchpad for fostering new projects, and a Liquidity Locker to ensure market stability.
Coinbase, a renowned exchange headquartered in the U.S., is widely recognized for its commitment to compliance and security. As a publicly traded entity, it offers both brokerage and exchange services, enabling the purchase of TOSHI through its platforms. Coinbase is known for being a highly intuitive platform and is suitable for beginners as well as more advanced traders and investors. While not always cheapest on fees, the platform facilitates seamless transactions thanks to its deep liquidity across exchange pairs.
Gate.io boasts an impressive roster of over 10 million registered users, as well as a reputation as one of the most secure and dependable crypto platforms worldwide. This centralized exchange (CEX) allows for fee-free deposits and maintains competitive trading fees. It operates on a tier-based discount system, complemented by a maker-taker fee model, making it an attractive option for users looking to trade TOSHI.
Coinbase Wallet is a self-custodial storage solution that lets you trade, swap, store and buy crypto. This wallet type doesn’t require a primary Coinbase account and can even store NFTs. It’s intuitive user-interface and range of supported crypto set it apart from competitors, making it an excellent option for users looking to store TOSHI.
3. Degen ($DEGEN)
Introduced in early 2024, $DEGEN is used for tipping on Warpcast and other Farcaster-built DApps. It boasts an active community who encourage tipping to bolster SocialFi’s future. The token began trading at $0.0000008 and recorded an all-time high (ATH) of $0.02007942 on March 25, 2024, representing a huge 2,374,900% increase in value.
Centralized exchanges like Huobi, BingX, and BitMart have also listed $DEGEN.
Coinbase employs rigorous security measures, including two-factor authentication, cold storage for most digital assets, and insurance against theft or cybersecurity breaches. The well-respected centralized exchange boasts is trusted by millions of users across the globe and supports a huge range of crypto, including $DEGEN.
You can choose between spot, futures and margin trading for DEGEN on Bitget. Users can also convert crypto with zero fees and no slippage. Traders can also employ a huge range of basic and advanced trading bots to facilitate seamless, automatic DEGEN trades.
Coinbase Wallet offers safe and secure self-custody storage of $DEGEN. As well as storing the Base Chain-based meme coin, users can explore thousands of tokens and DApps on both their phone and browser with this user-friendly, all-in-one wallet.
4. doginme (DOGINME)
Doginme was established after a Farcaster user inquired as to whether the decentralized social media protocol’s founder, Dan Romero (a Coinbase alumni), owned a dog. Romero responded to the user with the words “No, but I got the dog in me”. The meme coin thus represents the primordial dog within Romero. With 69 billion tokens, there is no formal team or roadmap, a common characteristic of this asset class.
While profits are never guaranteed and timing in meme coin markets is everything, the token has recorded a price increase of 50.40% in the last seven days as of March 27, 2024, outperforming the global cryptocurrency market which is up a comparatively smaller 3.8%, as per CoinGecko data.
Gate.io supports the $DOGINME token. The centralized exchange prioritizes security, employing robust measures such as cold storage for digital assets, two-factor authentication (2FA) for users, and an internal risk control system to safeguard investments.
Beyond basic trading, BitMart offers advanced trading options like futures contracts, allowing users to speculate on the future price movements of cryptocurrencies, including $DOGINME.
Users can store DOGINME via the self-custodial Coinbase Wallet. Note that Coinbase Wallet is a separate product from Coinbase.com, and you do not need a Coinbase account to use Coinbase Wallet. Benefits include a huge range of supported assets and EVM-compatible networks, including Base.
5. Mochi (MOCHI)
Another meme coin named for Coinbase CEO Brian Armstrong’s cat, MOCHI is a token built and driven by its community. The project emphasizes fairness, equality, and inclusivity, ensuring every member’s voice shapes its future, with a sharp focus on collective growth. The token has received a grant from Coinbase, and aims to help the CEX in its mission to onboard 1 billion people to Base Chain. Unlike a number of the tokens on this list, this Base Chain meme coin has set out a roadmap which includes PFP NFTs, a “Mochindise” release of t-shirts and hoodies, and an NFT game.
CoinEx has over 700 coins listed on its platform, including MOCHI (listed on March 22, 2024), plus more than 1100 trading pairs. The CoinEx ecosystem also extends beyond the exchange. It is part of the ViaBTC group, the entity behind OneSwap DEX, the CoinEx smart chain, and more. CoinEx was also one of the first exchanges to publish a proof-of-reserves, with the CEX holding a demonstrable commitment to transparency. Users can be assured they are purchasing this Base Chain meme coin safely and securely when interacting with the CoinEx platform and wider ecosystem.
MEXC supports MOCHI trading, with users able to benefit from maker and taker spot trading fees of just 0.1%. Trading fees across the board on MEXC can be further reduced by 50% if users hold the native MX token. MEXC also provides leverage options of up to 200x on futures contracts.
Designed with simplicity in mind, the Coinbase Wallet features an intuitive interface that makes it easy for users to navigate, manage their digital assets, and interact with decentralized applications (DApps) and the wider world of web3. The wallet provides support for Ethereum, Solana, and all EVM-compatible networks, including Base Chain.
6. Briun Armstrung (BRIUN)
BRIUN is Base’s inaugural deflationary meme coin. The name draws inspiration from Solana’s tradition of humorously misspelled meme coins. With a strong presence evidenced by its $23.7 million market cap, and buoyed by Armstrong’s prominence in Base memes, BRIUN is primed to capitalize on the platform’s growing user engagement.
You can purchase BRIUN on Uniswap V3. Users looking for privacy can take advantage of this innovative yet user-friendly DEX and buy BRIUN tokens without any of the KYC requirements associated with centralized exchanges.
Poloniex provides users advanced trading features, including spot trading, margin trading with leverage, and futures trading. These features cater to new and experienced traders, offering tools such as technical analysis indicators, charting capabilities, and various order types (e.g., limit orders, market orders, stop-limit orders) to manage trades effectively.
Users can store BRIUN using the non-custodial Coinbase Wallet (a separate product to the Coinbase CEX). As well as supporting multiple crypto assets across Ethereum, Solana, and EVM compatible chains, the wallet includes a built-in decentralized application (DApp) browser, allowing users to interact with DApps directly from their wallet.
7. Base God (TYBG)
As a holder of $TYBG or Base Gods NFTs, you are a “Disciple of B”. The immersive, humor-led project has a highly engaged community. Instead of a roadmaps, Base God focuses on “shared mantras and values”, evidence of which can be found in the “B Commandments”. Delivered initiatives include the Base Gods NFT Collection, a project proposed by a community member (Disciple of B), then created and launched in just three weeks.
Users looking for privacy can use this leading decentralized exchange to buy many Base Chain meme coins, including $TYBG. Users benefit from deep liquidity and an intuitive platform that facilitates seamless transactions.
Users looking to trade TYBG can take advantage of Bitget’s transparent fee structure and decent liquidity. With Bitget, each trade generates a flat fee of 0.1% for both makers and takers. Futures trading fees are 0.02% for makers and 0.06% for takers.
Coinbase Wallet’s UI makes it easy for users to add, manage, store and trade assets, including top Base Chain meme coins, within a single interface, providing a seamless experience across various blockchain ecosystems. The wallet benefits from additional security options, including biometrics, passwords and security locks.
How we chose the top Base Chain meme coins
This list comprises a number of Base Chain meme coins that have seen substantial gains in early 2024. The meme coins were selected using a combination of criteria, including market capitalization, trading volume, and age of token listing. Note that timing your entry to the market when investing in meme coins is particularly important. Often, this asset class can be the victim of pump-and-dumps as well as being particularly vulnerable to other crypto scams.
What is the Base Chain network?
Base is a layer-2 solution on the Ethereum network that makes it easier and more affordable for developers to work on-chain. The L2 is powered by Optimism and uses the open-source OP Stack for its infrastructure. Users can access DApps within the Coinbase ecosystem, which, with Base, constitutes a centralized exchange, wallet service, and L2.
Crucially, Base Chain is incubated within Coinbase, although there are plans to progressively decentralize in the years ahead. While there’s no native token on the agenda in 2024, the platform hosts $130 billion worth of assets as of March 2024.
Why is Base Chain seeing high meme coin activity?
Base was launched in the summer of 2023 and was intended to serve as a way for users to access decentralized finance (DeFi) applications through the Brian Armstrong-led Coinbase. Despite a slow start on launch, the Base Chain has become a major meme coin hotspot. By offering an open-source development solution, almost anyone is able to release a meme coin and access a $500 million volume supported by the innovative layer-2. Note that this also represents one of the risks of the space, with many inexperienced developers releasing tokens that may have errors or vulnerabilities in the smart contract.
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Base also benefited directly from the Ethereum Dencun upgrade, which went live on March 13, 2024. The upgrade, which slashed fees on layer-2 chains by 10x, flipped some of the meme coin frenzy from Solana to Base Chain.
Here are some key elements of Base:
- Built on Ethereum’s foundation: Base is built as an Ethereum layer-2, anchored in the strength and scalability critical for supporting decentralized applications. The result is a seamless transition for users coming from Coinbase, Ethereum layer-1, or other compatible blockchains.
- Coinbase connection: Base streamlines the process of building decentralized applications by providing access to Coinbase’s extensive network of products, users, and tools.
- Innovative and affordable: Base maintains compatibility with the Ethereum Virtual Machine at significantly lower costs, focusing on enhancing the developer experience. It introduces zero-cost transactions and supports the development of multi-chain applications with straightforward APIs for account abstraction and user-friendly bridges for cross-chain functionality.
Risks of investing in meme coins
Whether you’re considering meme coins on the Base Chain or top Solana meme coins, the challenges remain the same. Meme coins do not offer tangible use cases or contribute real-world value and are solely speculative assets. Granted, this is part of the appeal for many traders and others in the crypto community, with many projects proudly declaring a lack of roadmap or demonstrable growth plans to wide acclaim.
The result, though, is that prices are subject to large fluctuations, driven by abundant availability and internet culture trends, as well as wider crypto market and economic forces.
Base chain meme coins: High reward and high risk
Base chain meme coins are trending in 2024. This humor-led asset class has serious profit potential but also carries substantial risk. While these speculative assets foster a sense of community and inclusivity in web3, they also present opportunities for scammers; a report by CipherTrace identified almost 1000 meme coins as rug pulls in 2023 alone. As such, ensure to employ a comprehensive DYOR as well as an exit strategy if purchasing or trading Base Chain meme coins.
Frequently asked questions
Base meme coins often attract attention with their humorous themes and vibrant communities. These coins encourage wider participation in the crypto ecosystem by fostering a sense of belonging, ultimately contributing to its growth and diversification. Meme coins play on internet culture and represent opportunities for large profits but also high risk scenarios.
The meme coin market is brimming with innovative contenders. BRETT and TOSHI stand out for their unique blend of humor and utility. With its stong community support, DEGEN is another key player, promoting a culture of generosity in the form of tipping among its users.
Base meme coins like Base God and Briun Armstrung drive SocialFi’s expansion by fostering vibrant communities around financial education and inclusive investment opportunities. These coins utilize humor and relatability to engage users, encouraging a more collaborative and informed digital economy.
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