The Ethereum layer-2 network Base has witnessed a significant surge in activity, doubling its total value locked (TVL) to $2.13 billion in less than a month, propelled by a frenzy around meme coins. Notably, the memecoin sector within the Base ecosystem has seen a remarkable 445% growth in just 24 hours, with $DEGEN leading the charge, experiencing a 1500% increase in the past 30 days. This growth is attributed to projects like Drakula.app, which has integrated $DEGEN, allowing creators to earn $360,000 worth in 10 days. Moreover, the Base TVL has seen exponential growth across various metrics, including Dapp volume with 80%+ growth, transaction growth at 100%+, NFT volume with 75%+ growth, and DeFi TVL with 23%+ growth. Memecoins such as $TOSHI and $BRETT have also seen substantial market cap increases, surpassing $200 million and reaching $500 million and $250 million, respectively. The Base ecosystem's rapid expansion and the integration of meme coins highlight a significant shift towards embracing these digital assets, with $DEGEN emerging as a key player.
#Base blockchain sees surging interest with transaction activity tripling and unique wallets doubling to 65k. Meme coins like $TOSHI, $TYBG, $NORMIE, and $BRETT soar up to 1300%, hitting over $1B in trading volumes, according to @DEXToolsApp
#Base blockchain sees surging interest with transaction activity tripling and unique wallets doubling to 65k. Meme coins like $TOSHI, $TYBG, $NORMIE, and $BRETT soar up to 1300%, hitting over $1B in trading volumes, according to @DEXToolsApp.
Prices of meme tokens, such as cat-themed $TOSHI, $TYBG, $NORMIE and $BRETT, have risen as much as 1,300% as Base blockchain’s TVL nears the $1 billion mark. By @shauryamalwa. https://t.co/hpMvgOosC3
Is $degen an L3, the native coin of socialfi/@farcaster_xyz and a paradigm shift in positive feedback loops for rewarding social media engagement? Or just the next memecoin that’s trying to do too much and become a ‘real’ project?
.@Drakulaapp memetically engineered a 20M $DEGEN Creator Fund to existence thanks to @degentokenbase 🎩 More details tomorrow. Drakula dot app. https://t.co/KPgZ8JOaFg
81000 $degen current bid 🤏🤏 https://t.co/AMJJxdSDvt
For #base, $mochi and $toshi were among the first meme tokens. Mochi has a grant from coinbase. Toshi has seemingly done better and more involved in teaching people how to get onto base. Both have NFTs brewing I think. Buy both bc I don't know who will win.
Ok i’ll bite what is $degen
This is a must read! It says all about why the $DEGEN frenzy these two weeks. BASE narrative is playing out gradually, but we’re still early. Don’t be in hindsight. https://t.co/P3EPhD679F
$degen is a new meta for product tokens disguised as a memecoin
📈 Memecoin Frenzy Arrives On Base As Tokens' Market Cap Crosses $1 Billion The @Base memecoin sector has grown 445% in the past 24 hours, with $DEGEN taking the lead. Read more: https://t.co/3Lgaptn7RR https://t.co/qvQ8Ie2ELK
$DEGEN is up 1500% in the past 30 days as @base ecosystem projects increasingly integrate the token. The project raised $1.5 million in funding last month and has been disbursing grants to incubate new projects like @Drakulaapp Read more: https://t.co/scrnAgF2oH https://t.co/6EqzJTlgTW
🗞️ Crypto News Blast, an Ethereum layer-2 blockchain, is witnessing a surge in gaming activity, particularly from a game called Crypto Valleys. 🔗 https://t.co/OAOWr3LP93 #CryptoNews
Ethereum layer-2 network Base has doubled its total value locked to $2.13 billion in under a month thanks to the ongoing meme coin frenzy https://t.co/Tq6zGyQl5H
pretty interesting if you are wondering what $degen is this thread just got me up https://t.co/mFPkPDuF9f
Easily one of the best threads I’ve seen breaking down a lot of what’s been going on with @degentokenbase Definitely worth reading if you've only recently started to see DEGEN all over your feed https://t.co/3wcJu2skBm
Easily one of the best threads I’ve seen breaking down a lot of what’s been going on with @degentokenbase Worth the read if you’ve only recently started seeing DEGEN all over your feed https://t.co/3wcJu2skBm
Great thread on what is happening here with $DEGEN https://t.co/MWm0v5vqHV
Jeo Boden pushing a quarter billion dollar market-cap, which would make it almost a small-cap if it was a stock $BODEN https://t.co/qIGc7odCIn
🚨 NEW: Memecoin $BODEN (@boden4pres) surpasses $200 million Market Cap. https://t.co/j6qq78TyzQ
If you're like me and have missed the $DEGEN craze - here's as long thread explaining it. https://t.co/JDyYoWIWxd
1/ Base is getting harder to ignore. TVL has doubled in the last month, the number of active wallets is increasing, and FOMO for memecoins is on the rise. https://t.co/mdKq9FVTi8
🗞️ Crypto News The Ethereum layer-2 network, #Base, has experienced a significant surge in total value locked (TVL), doubling its TVL in less than a month to reach $2.13 billion. 🔗 https://t.co/HOcXgfBjo2 #CryptoNews
Some base alpha. @Toshi_base at 220m marketcap @mochi_token at 60m marketcap Toshi seems super undervalued here. https://t.co/kILUJzuJNh
Amazing thread 10000 $degen https://t.co/rQ5LMJUpdY
Base Eyes Top 3 Spot Base is experiencing a 48% growth in the past 7D and is close to surpassing #Blast for the third Ethereum L2 position in terms of TVL - #Blast: $2.56B - #Base: $2.29B https://t.co/PchQnmz0Fb
Dear $DEGEN gang: you’re welcome. Now go trade your gains on Drakula .app, we have to re-build social media from the ground up. https://t.co/DRaFw0QD9Z
We @drakulaapp formally claim this $DEGEN pump We’re glad to have made $DEGEN more useful and social
📣 Latest News: Layer-2 Blast's DeFi Farming Game Crypto Valleys Surge in Popularity #news #cryptonews #crypto
UPDATE: BASE LAYER 2 CHAIN ADDS $1B IN TVL IN THE LAST 20 DAYS AMID MEMECOIN FRENZY
1/x $DEGEN - the best bet for Base SZN Amongst the memecoin frenzy that propped base up over the last week, one coin that we feel has mega growth potential is $DEGEN Lets dive in
Incredible milestone for @Drakulaapp: $10M volume in 10 days 🤯 It was a chad move, but implementing DEGEN early means virtually every creator earnings is vastly up. I wouldn’t have done this at peak mania, but it was worth it. @ourZORA integration is coming next. https://t.co/OPUTSXv8tw
In 10 days, activity on @Drakulaapp reached $10,000,000 of volume, or 660M $DEGEN. Next up: 🔎 Search creators 🌜 Bring videos onchain @ourZORA 📱 @farcaster_xyz-based feed Keep surprising the onchain world, dear vampires. Our journey is just getting started at drakula[.]app https://t.co/QYon4Z2pFp
Timeline relatively quiet about $degen but it's been a facemelter My bet for the first meme to break $1 billion / top 100 market cap on @base The culture around it is organic and fun https://t.co/t7EwIMe6ZS
$DEGEN is the #1 Token on BASE https://t.co/LB2GnEXh6D https://t.co/eXAUYEvBrF
$BODEN to $2 We did it Jeo https://t.co/nULyAo7QHm
The $degen as a a @base / Superchain L3 coin thesis is starting to make the rounds on Twitter I see... welcome 🎩
The 2 biggest memecoins on base $BRETT - best friends with pepe (Hit $500m mcap) $TOSHI - coinbase founders cat (Hit $250m mcap) https://t.co/myoj61YOwy
Coinbase-backed @base has crossed $2 billion in TVL, and some think it'll be home to the next wave of memecoins. https://t.co/mBdIccHUSn
We took the memecoin DEGEN at a low valuation used it into Drakula[.]app as the main currency and let @farcaster_xyz creators earn $360,000 worth in 10 days Proud of our chad capital allocation move 🫡 https://t.co/QAVii01kzj
So far, creators earned $360,000 on Drakula[.]app. In only 10 days since launch. This is the future of social media: go onchain, and you will be able to live off your passion as a content creator. https://t.co/b9AzUW0S0D
Base doesn’t have a token yet and there’s a case to be made for $DEGEN as the proxy / meme token of choice I’d argue that friend tech’s token - an app that most of you have probably used - will be a better proxy if v2 can gain traction and token launch goes smoothly
NEW: @base MEMECOIN $TOSHI (@Toshi_base) SURPASSES $200M MARKET CAP https://t.co/ZUNhvfM0gW
Base TVL skyrockets as new users flood in. In only three months, the base TVL has doubled! Keep a close eye on base ecosystem projects. https://t.co/CDRCknVxwA
This week, @base has.. ✅ Highest Dapp volume growth with 80%+ ✅ Only 1 of 2 in the top 10 to be positive for this ✅ Highest tx growth with 100%+ ✅ Highest NFT volume growth with 75%+ ✅ Highest defi TVL growth with 23%+ Exponential growth, it's begun. https://t.co/9PYc9UABBT