Token

Solana

Base

Base God

Although Mem tokens are speculative and volatile assets by nature, they are undoubtedly the most talked about cryptocurrencies of bull markets.
At this point, while Dogecoin (DOGE) and Shiba Inu (SHIB) were talked about a lot in the bull market in 2021, there are now many new mem tokens and investors are showing great interest.
According to Coindesk's news, while Solana (SOL)-based mem tokens such as WIF have become the most talked about and popular tokens of recent times, mem tokens in Coinbase's Base network have also started to become active.
With this activity, the total locked asset value (TVL) in the Base network has increased from approximately $450 million to $1 billion as of the beginning of this month.
Additionally, transaction activity has tripled from an average of around 500,000 per day in the last few months to over 1.5 million per day.
While this shows that the mem token craze has shifted from the Solana network to the Base network, mem tokens such as Toshi (TOSHI), Base God (TYBG), Normie (NORMIE) and Brett (BRETT), issued on the Base network, have seen tremendous rises.
According to Coingecko data, BRETT has increased by 8000% since its launch on February 27, while TYBG has increased by 170% in the last week.
It was stated that the increasing popularity of Mem tokens on Base's network led to high gas fees and network congestion.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/mem-token-craze-shifted-from-solana-to-base-network-mem-token-prices-soared/" rel="noopener noreferrer nofollow">Mem Token Craze Shifted from Solana to Base Network, Mem Token Prices Soared!</a>

Mem Token Craze Shifted from Solana to Base Network, Mem Token Prices Soared!

Bitcoin Sistemi EN

Other articles published on Mar 26, 2024

Bitcoin’s Market Divide: A Narrative of Optimism and Caution

Hidden Gem Alert! Uncover The Next 10X Altcoin Winner

LUNC Price Can Hit $1 After Latest Terra Luna Classic v2.4.2 Upgrade?

Cryptocurrency Watch: RSR and DUSK Risks Correction as Overbought Signals Mount

100x Gains From Meme Coins To Utility Tokens: Exploring Cardano, Floki Inu & Scorpion Casino

Mastercard sees partnerships as key to blockchain remittances in Latam

Join our free newsletter for daily crypto updates!