Shiba

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BASE

<p>The post <a href="https://coinpedia.org/news/exploring-the-massive-growth-of-base-based-memecoins-a-market-overview/">BASE Memecoin Prices Soar, Transactions Explode!</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>In the crypto world, there’s an exciting buzz surrounding meme coins right now. Some of the top Base-meme-coins are experiencing impressive growth, with weekly yields ranging from 30% to a whopping 200%. Total Value Locked (TVL) has surged past $1.16 billion, marking a new high in daily transactions. This surge suggests a trend among investors, who are flocking to low-cap coins in search of higher profits. </p> 
<p>The excitement surrounding Base is not only driving it to new heights but also attracting a wave of new users each week, with many meme coins hitting record prices and trading volumes.</p> 
<h2 class="wp-block-heading" id="h-the-rise-of-base-based-meme-coins"><strong>The Rise of BASE-Based Meme Coins</strong></h2> 
<p>The recent surge in BASE-based meme coins is changing the game. Tokens like Degen, Brett, All Your Base, Based <a href="https://markets.coinpedia.org/shiba-inu/">Shiba Inu</a>, and Broge have seen impressive double-digit growth in just the past week, catching the attention of investors and traders. Interestingly, this surge aligns with an extraordinary spike in daily transactions on Coinbase’s Layer 2 chain, BASE, which recorded an all-time high of 2.38 million transactions in a single day.</p> 
<p>Read More: <a href="https://coinpedia.org/price-analysis/top-memecoins-preparing-for-an-explosive-100-rally-in-april/">Top Memecoins Preparing for an Explosive 100% Rally in April</a></p> 
<h2 class="wp-block-heading" id="h-impact-on-base-s-tvl"><strong>Impact on BASE’s TVL</strong></h2> 
<p>The growing popularity of these <a href="https://coinpedia.org/news/ethereum-co-founder-vitalik-buterin-slams-meme-coin-craze-says-overshadowing-other-projects/">meme coins</a> has significantly boosted BASE’s Total Value Locked (TVL), which now stands at a staggering $1.16 billion. This influx of capital into the BASE ecosystem reflects the increasing interest in meme coins and other assets on the platform, establishing BASE as a major player in the crypto market. Traders now have an alternative platform to engage with these digital assets, thanks to BASE’s emergence as a viable option.</p> 
<p><strong>Investors are jumping ship! </strong></p> 
<p>As trading volume on Solana’s decentralized exchanges declines, investors are turning their focus to Layer 2 chains like BASE. The appeal of meme coins based on BASE has led to a surge in daily transactions and trade volume on the platform, showing investors’ interest in new opportunities and assets with strong growth potential.</p> 
<h2 class="wp-block-heading" id="h-nfts-to-meme-coins">NFTs to Meme Coins </h2> 
<p>There’s been an interesting shift in the NFT community’s attention towards meme coins like DEGEN (Base-based meme coins), Ordinals, Bitcoin, and Farming Blast. This shift coincides with Coinbase CEO Brian Armstrong’s initiation of a soulbound NFT airdrop on Base, hinting at a potential Base token airdrop. </p> 
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   <p lang="en" dir="ltr">It feels like the once-was NFT community has moved into many different branches:<br><br>1) Memecoins<br>2) Farcaster/$DEGEN/Base<br>3) Ordinals and Bitcoin<br>4) Farming Blast<br><br>Totally different ecosystems and each is pretty all-encompassing.<br><br>The feed is all over the place.</p>— NFTstats.eth (@punk9059) <a href="https://twitter.com/punk9059/status/1774607902474445191?ref_src=twsrc%5Etfw">April 1, 2024</a>
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<p>The rise in popularity of meme coins within the BASE ecosystem suggests that money may be moving from <a href="https://coinpedia.org/crypto-live-news/brand-new-nft-project-coming-up-teases-former-binance-ceo/">NFTs</a> to these meme coins, potentially driving prices higher and solidifying BASE’s importance in the crypto space.</p> 
<p>Also Check Out The : <a href="https://coinpedia.org/news/ripple-news-only-500-million-xrp-unlocked-from-escrow-raises-questions-on-future-releases/">Ripple News: Only 500 Million XRP Unlocked from Escrow; More to Come?</a></p> 
<p><strong>Is Base the new king of meme coins? Let the debate begin!</strong></p>

BASE Memecoin Prices Soar, Transactions Explode!

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