Base is a Layer 2 network for Ethereum-standard projects. Not only is Base backed by Coinbase but it’s seen a significant surge in transactions, especially for speculative meme coins.
Some analysts believe that Base will be the next big crypto narrative, so now could be a good time to gain exposure. Read on to discover which Base meme coins have the best chance of exploding in 2024.
Top Base Chain Meme Coins to Buy
I’ll begin with a quick summary of the top Base meme coins:
- Base Dawgz ($DAWGZ) – The overall best Base meme coin to buy, almost $2.8 million in presale funding
- Mochi ($MOCHI) – One of the original Base projects, based on Brian Armstrong’s pet cat
- Brett ($BRETT) – The largest Base token by market capitalization, trading 36% below all-time highs
- Base God ($TYBG) – Up-and-coming Base meme coin with a low-cap valuation
- Toshi ($TOSHI) – An early Base chain adopter that’s developing use cases for token holders
- Young Peezy AKA Pepe ($PEEZY) – Trending Base project with 7-day gains of almost 100%
- Chuck ($CHUCK) – Hybrid meme coin merging Chuck Noris with a dog, comes with a deflationary supply
A Closer Look at the Top Base Chain Meme Coins
I’ve summarized the best Base chain meme coins. Now, let’s move on to my comprehensive analysis of each project. I explain the project’s unique selling proposition (USP), its recent price performance, current and potential market capitalization, and anything else you need to know.
1. Base Dawgz ($DAWGZ) – The Overall Best Base Meme Coin to Buy, Almost $2.8 Million in Presale Funding
- A pre-launch Base meme coin with 100x potential
- Get a presale discount when investing early
- A wormhole protocol opens $DAWGZ to six blockchain ecosystems
Base Dawgz ($DAWGZ) is my overall top pick when meme coin investing in the Base narrative. Unlike the other meme coins on this list, Base Dawgz is a presale project. This means you can buy $DAWGZ tokens at the best price possible before they’re listed on exchanges. The current price is just $0.007061, but this will increase in four days.
Crucially, the Base Dawgz presale has already raised almost $2.8 million. So, why is the Base Dawgz presale so popular? In a nutshell, Base Dawgz has implemented a Wormhole protocol into its ecosystem. This means that, in addition to Base, $DAWGZ will also operate on other blockchains. This includes Avalanche, Ethereum, BNB Chain, Solana, and Polygon.
$DAWGZ will be traded in multiple ecosystems, ensuring mass exposure to speculative investors. Base Dawgz has also created a smart marketing strategy where holders earn $DAWGZ when sharing content. Base Dawgz is also a good option for earning staking rewards; the current APY is 1035%.
2. Mochi ($MOCHI) – One of the Original Base Projects, Based on Brian Armstrong’s Pet Cat
- One of the first Base meme coins to enter the market
- Has received a grant from the Coinbase exchange
- A great entry valuation of just $11 million
Next is Mochi ($MOCHI), which has huge potential – especially at current prices. Mochi is one of the original Base meme coins. It’s based on Brian Armstrong’s pet cat, the founder and CEO of Coinbase. As an early Base adopter, Mochi received a Coinbase grant. Unlike other Base projects, this means the Mochi team has been KYC’d.
What’s more, Mochi has developed a solid long-term strategy. It aims to become a blue-chip meme coin with a strong social media following. Its Instagram posts, for example, have been viewed millions of times in recent months. Mochi also has a huge marketing budget of over $1 million. This is mainly held in ETH, ensuring marketing funds can be cashed out easily.
Mochi is also creating hype via IRL (In Real Life) campaigns. It recently hosted an Ice Cream wagon at the Euro 2024 games, helping people onboard to the Base network. Mochi has a current market cap of just $11 million, down 85% from all-time highs. Nonetheless, it’s up 545% from its initial launch price.
Buy Mochi on MEXC3. Brett ($BRETT) – The Largest Base Token by Market Capitalization, Trading 36% Below All-Time Highs
- The most valuable Base chain meme coin project by market cap
- Became the first Base project to surpass $1 billion
- Currently trades 36% below all-time highs
Brett ($BRETT) is also one of the best meme coins in the Base ecosystem. Not only is it the most popular Base project but it’s also the largest by market capitalization. What’s more, Brett became the first Base meme coin to surpass a $1 billion valuation. Even so, Brett isn’t the best-performing token on this list. Far from it – Brett is up just 218% since inception.
Nonetheless, many analysts believe that Brett will remain the de facto project for Base. As such, it still has every chance of competing with dogwifhat, Bonk, and other billion-dollar meme coins. It’s also important to note that Brett has a substantial social media following.
This includes more than 107,000 followers on the Brett X page. And more than 27,000 members in the Telegram group. Brett is also popular with YouTube analysts, including the Dogecoin Millionaire. This has helped Brett become a mainstream project. The total $BRETT supply is 10 billion, and almost 100% of tokens are in circulation.
Buy Brett on MEXC4. Base God ($TYBG) – Up-and-Coming Base Meme Coin With a Low-Cap Valuation
- A relatively new Base meme coin that launched in February 2024
- Trading at a huge all-time high discount of 91%
- Has a market capitalization of just $7 million
Next on this list of Base meme coins is Base God ($TYBG). This is one of the newest cryptocurrencies in the Base ecosystem, with $TYBG launching in February 2024. It’s a hybrid meme concept that combines Brian Armstrong with a religious disciple. The project has developed four ‘Based Commandments’ as its primary ethos.
This includes a commitment to never complain or commit adultery. Base God also expects community members to treat each other with respect. There’s also a commitment to always remain on-chain. This includes sharing positive content about the Base narrative on social media.
The total Base God supply is 125 trillion tokens. Approximately 98% are in the circulating supply. The current Base God market capitalization is just $7 million. In terms of performance, $TYBG trades 13% below its original launch price. And 91% below all-time highs.
5. Toshi ($TOSHI) – An Early Base Chain Adopter That’s Developing Use Cases for Token Holders
- Launched within hours of the Base network going live
- Has attracted thousands of unique token holders
- Is developing use cases for its community
The next Base meme coin to explore is Toshi ($TOSHI). This project was launched within hours of the Base network going live. As such, it’s also one of the original Base meme coins on this list. Toshi is based on Brian Armstrong’s other pet cat. It aims to become the ‘Face of Base’ and is developing use cases to help achieve this goal.
This includes Toshi Swap, a native decentralized exchange. It enables holders to buy and sell Base meme coins instantly, including $TOSHI. Toshi Launchpad is another proprietary product. This helps new Base projects launch to the public, ensuring developers and investors connect in a safe environment.
Toshi has also created a unique NFT collection known as NFToshis. These are available to buy on Rarible, a popular NFT marketplace. Toshi was one of the best-performing Base tokens until the recent market correction. Today, it trades just 360% above the initial launch price. Moreover, the current Toshi price is 79% below all-time highs.
6. Young Peezy AKA Pepe ($PEEZY) – Trending Base Project With 7-Day Gains of Almost 100%
- Token gains of almost 100% in the past week
- A tiny market capitalization of just $3 million
- Based on Pepe’s alternate persona in the Boy’s Club comic series
Young Peezy AKA Pepe ($PEEZY) is one of the top Base chain meme coins for performing in recent days. While the broader industry has seen a rapid market correction, Young Peezy AKA Pepe is pumping. The $PEEZY price has increased by almost 100% in the past seven days.
It has also produced 24-hour gains of 47%, putting $PEEZY on the radar of Base chain investors. That said, Young Peezy AKA Pepe is still a micro-cap project; its current valuation is just over $3 million. This is why some investors believe $PEEZY could be one of the next 1000x crypto tokens to blow up.
However, in the longer time frame, Young Peezy AKA Pepe’s performance has been modest. The project is up just 3% since it was launched in April 2024. This highlights the volatile nature of meme coin speculation. Nevertheless, Young Peezy AKA Pepe is based on Pepe’s alternate persona in the Boy’s Club comic series.
7. Chuck ($CHUCK) – Hybrid Meme Coin Merging Chuck Noris With a Dog, Comes With a Deflationary Supply
- Micro-cap meme coin valued at under $3 million
- Combines the dog-themed narrative with Chuck Norris
- Has developed a deflationary token supply via burn schedules
Last on this list of Base meme coins is Chuck ($CHUCK). This is another hybrid design; it’s based on a dog that merges with Chuck Norris. The project calls itself a “roundhouse kicking crypto canine” and has utilized unique and highly shareable artwork. The total $CHUCK supply is 1 billion tokens.
The project has created a burn mechanism that frequently removes tokens from the circulating supply. 37 million $CHUCK have been burned so far. Crucially, the Chuck smart contract has been renounced, and the initial liquidity injection has been locked. This ensures that Chuck isn’t a honeypot or rug-pull scam.
In terms of performance, $CHUCK was launched in April 2024 at $0.003482. The $CHUCK price quickly exploded to all-time highs of $0.03344 just one month later. This represented a growth of over 860%. However, like many Base tokens, Chuck has since entered a huge market correction. It now trades 91% below its previous peak.
What Are Base Chain Meme Coins?
Base meme coins are one of the hottest crypto narratives right now. They’re meme coin projects operating on the Base network. Most have little to no intrinsic value, let alone use cases or utility. Even so, the Base network is one of the fastest-growing ecosystems in recent months. This means that Base chain meme coins are getting a lot of attention.
If you’re new to Base, it’s a Layer 2 solution owned by Coinbase – one of the world’s best Bitcoin exchanges. The narrative is simple: Coinbase wants to bring 1 billion people on-chain. Considering its vast resources, strong regulatory standing, and significant customer base, Coinbase has every chance of achieving this goal.
What’s more, Coinbase has created a new Smart Wallet, allowing retail clients to access Base meme coins in minutes. They can use their Coinbase balance to invest in Base tokens. This is ideal for beginners who aren’t compatible with making on-chain transfers.
Additionally, the Base network is ideal for meme coin trading. After all, Base is one of the most cost-effective Layer 2 solutions, with transactions costing cents. It also offers near-instant transactions and huge scalability capabilities. That said, the total value of all Base meme coins is just $1.5 billion, as per Coingecko data.
History of Base Meme Coins
Here’s what you need to know about the Base network, alongside the growth of its meme coin culture:
- 2022: Coinbase announced in 2022 that it was building a native Layer 2 solution for Ethereum-based tokens. The objective was to offer fast, scalable, and cheap transactions, and to onboard over 1 billion people to the network. Although Base is centralized, Coinbase will decentralize the network over time.
- 2023: In 2023, Coinbase confirmed that it wouldn’t be launching a native Base token. Experts suggest this announcement was made to avoid regulatory scrutiny. Nonetheless, after extensive testing, the Base network went live in Q1 2023. Almost immediately, meme coins were built on the network, creating a whole new investing niche.
- 2024: Q1 2024 saw rapid gains for the leading Base meme coins. This coincided with the Solana ecosystem pump. As such, a wave of new meme coins entered the Base network, helping it become one of the largest Layer 2 solutions for on-chain transactions.
Crucially, Base is still an up-and-coming network with huge growth potential. Especially considering Coinbase’s global reach, which includes more than 100 million verified users. And, while Base meme coins have enjoyed their first bull run, valuations are still worth just a fraction of the wider market.
Are Base Meme Coins a Good Investment?
I’ll now explore whether Base meme coins are a good investment and what risks must be considered before proceeding.
Most Base Meme Coins Are Micro-Caps
Base meme coins could be a good idea if you’re looking for the next cryptocurrencies to explode. Especially if you’re chasing gains of 100x or more. After all, the majority of Base tokens are micro-caps.
For instance, I mentioned earlier that the total market capitalization of all Base projects is $1.5 billion. This includes Brett’s $1.2 billion valuation. So, excluding Brett, Base tokens are collectively worth just $300 million.
- Take Mochi as an example, which is one of the original Base tokens. Mochi is currently valued at just $11 million. So, 100x gains would require a market capitalization of $1.1 billion.
- Similarly, Base God, Base God, Young Peezy AKA Pepe, and Chuck are each valued at under $10 million. These projects also wouldn’t require much buying activity to see rapid gains.
Ultimately, if you’re exploring micro-cap gems, you’ll find plenty on the Base network. This is ideal for diversification, too. For example, suppose you’ve got $500 to invest in Base tokens. You could invest in 10 different meme coins at $50 each. Only one needs to explode by 100x to increase the portfolio to $5,000.
The Base Narrative Has Entered a Market Correction
Now could be the best time to invest in Base meme coins. The Base narrative has seen a major market correction in recent months. Meaning – you can buy most Base tokens at a huge discount when compared to previous all-time highs. This is like buying Bitcoin in late 2022, when it dipped below $17,000.
Put otherwise, you’re buying the dip and taking full advantage of market cycles. So, Base God and Chuck offer some of the best discounts; both trade 91% below all-time highs. Mochi’s price is also attractive, currently at 85% below its prior peak. Brett – the largest Base project by market capitalization, trades at a more modest 36% discount.
Coinbase’s Vast Resources and User Base
There are many Layer 2 networks in the market, including Polygon, Arbitrum, Optimism, and Polygon. However, none have the financial might of Coinbase.
For instance:
- Coinbase was founded in 2012, and it has amassed over 100 million verified users
- It has a stock listing on the NASDAQ, converting to a market capitalization of $55 billion
- It’s one of the few exchanges to have regulatory approval in the US
This means Coinbase has every chance of becoming the de facto Layer 2 solution. Moreover, I mentioned the Smart Wallet earlier. This could be a game-changer.
The Smart Wallet helps retail clients invest in Base tokens. Ordinarily, users must bridge ETH to the Base network and use a decentralized exchange. This also requires knowledge of self-custody wallets. These requirements can be intimidating for beginners.
In contrast, the Smart Wallet allows users to buy Base tokens via their Coinbase balance. Not only does this mean users can avoid bridging tools and decentralized exchanges, but they can invest with fiat money (e.g., debit/credit cards). These features will help the Base network explode and potentially create a flurry of billion-dollar meme coins.
How to Pick Which Base Meme Coins to Buy
According to DexScreener, there are more than 9,000 tokens on the Base network. This makes it incredibly difficult to find potential gems.
Steps you can take when identifying top Base meme coins are summarized below:
- CoinMarketCap: First, I’d suggest exploring CoinMarketCap. It offers a Base meme coins list by market capitalization, so you can initially focus on projects that align with your risk appetite. For example, Brett is valued at over $1 billion, so the volatility will be much lower than micro-cap tokens. However, if you’re seeking 100x gains, you can explore tokens with a much smaller market capitalization.
- DexScreener: Another option is DexScreener, which aggregates Base token prices from decentralized exchanges. This is where you’ll find newly listed tokens. For instance, those that were added to exchanges within the prior hour. DexScreener is also good for finding Base projects valued at under $1 million, meaning the upside potential and risks are considerably higher. DexScreener is free and comes with lots of filters.
- Presales: Some of the best Base meme coins begin life as a presale project. This means you can invest before the tokens begin trading on exchanges. One of the best crypto presales in this niche is Base Dawgz. The presale has already raised nearly $2.7 million, which is welcome news for early backers.
- Price Performance: It’s also a good idea to pick Base tokens that are outperforming the broader market. For example, Bitcoin and Ethereum declined by about 2% and 3% respectively in the past 24 hours. Young Peezy AKA Pepe increased by 47% over the same period. This could be a sign of a prolonged bull run.
- Community Growth: I’d also suggest exploring Base projects with growing communities. For a start, check out how many unique token holders the project has – the more the better. Next, check the project’s social channels, such as X and Telegram. Compare this with other Base projects to assess its community-building skills.
How to Invest in Base Meme Coins
I’ve covered the top Base meme coins to buy, and provided some background information on this high-growth ecosystem. Next, I’m going to explain how to make your first Base network investment.
Now, I should note that buying Base tokens can be intimidating if you’re a beginner. The process is a lot different from buying coins on a standard exchange.
Here’s why:
- Most Base tokens trade on decentralized exchanges like Uniswap and SushiSwap
- You need to hold ETH in a self-custody wallet that supports the Base network
- That ETH must be bridged to the Base network before proceeding
- Then, you need to connect the wallet to the respective exchange and swap ETH for your chosen Base tokens
Read on for a more comprehensive walkthrough.
Step 1: Get a Self-Custody Wallet That Supports the Base Network
The first step is to get a self-custody wallet. As mentioned, the wallet must be compatible with the Base network. The wallet should also connect to decentralized exchanges and offer adequate security tools.
I’d suggest Trust Wallet if you’re a first-time investor. Just download the Trust Wallet app, create a PIN, and write down the recovery phrase.
Step 2: Buy ETH via Trust Wallet
The next step is to buy some ETH coins. This is because Base tokens trade against ETH on decentralized exchanges. The fastest method is to buy ETH on Trust Wallet. The minimum deposit requirement is just$10, and the ETH coins will be added to your wallet balance instantly.
Supported deposit options include Visa, MasterCard, and bank wires. You will need to complete a quick KYC process before proceeding. This requires a passport or driver’s license – which you can upload via the Trust Wallet app. Complete the payment and wait for the ETH coins to show.
Step 3: Bridge ETH via the Base Website
You’ve now got some ETH coins in your Trust Wallet balance. However, these will be on the Ethereum network. You need to bridge the ETH over the Base.
The official Base website discontinued its native bridging tool, but it recommends using Brid.gg or Superbridge. I’ve opted for Brid.gg, although Superbridge is also fine.
Click on the “Connect Wallet” button and choose “WalletConnect.” Open the Trust Wallet app and choose “WalletConnect” via the setting. Then, take a photo of the QR code shown by Brid.gg or Superbridge.
You can now fill out the bridge order. Just type in the number of ETH coins to bridge and leave a small amount for the network fee. The bridging process should take 1-2 minutes once confirmed.
Step 4: Connect Wallet to a Decentralized Exchange and Buy Base Coins
Next, find out which decentralized exchange your chosen Base meme coin trades on. CoinMarketCap is the best way of getting this information. That said, it’s usually Uniswap or SushiSwap.
Visit the respective exchange, select the Base network, and connect Trust Wallet. Once again, it’s best to do this on a desktop device. Repeat the WalletConnect steps I explained above. Once connected, search for the meme coin you want to buy.
Important: Never search by the meme coin’s name. Always copy and paste the project’s unique contract address. This ensures you’re buying the right coin and not an imitation.
Finally, you can set up the order. This requires the purchase currency (ETH) and the amount. Once confirmed, a smart contract will be executed. This will swap ETH for your chosen Base token. The tokens will then be added to your wallet. Disconnect your wallet from the exchange to complete the process.
Conclusion
In summary, I’m expecting big things for the Base network during the next bull run. This means Base meme coins could witness a prolonged upward trajectory. My overall top pick for speculative investors is Base Dawgz.
Not only is Base Dawgz on the Base network but five other blockchains, including Solana, BNB Chain, Polygon, Avalanche, and Ethereum. What’s more, Base Dawgz is a presale project, so you’ll get a massive discount by investing before the exchange listing.
FAQs
What are Base meme coins?
Do Base meme coins have a future?
What to buy on Base?
How does the Base Layer 2 work?
What is the biggest Base meme token?
References
- $BRETT Is Now Listed on Leading South Korean Exchange Bithumb (Morningstar)
- He Lost $500,000 on Bitcoin. Now He’s Celebrating (The Wall Street Journal)
- Coinbase to Launch Blockchain Network as Part of DeFi, NFT Expansion (Bloomberg)
- Top Base Meme Coins by Market Capitalization (CoinMarketCap)
