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1. What is meme coin?
Meme coin is cryptocurrencies originating from humorous images, slogans, or cultural elements on the Internet.
Meme coin projects often emerge rapidly and can be easily created by the user community.
2. Top 4 notable base chain Meme Coin
2.1. Toshi
2.1.1. What is Toshi?
Toshi is a meme coin project on the Base blockchain. The project also publish a unique NFT collection called NFTOSHIS consisting of 3000 different NFTs.
Token holders of TOSHI will be granted the opportunity to engage in the minting process of NFTs. The project is expected to announce the specific minting timeframe shortly.
Toshi is a meme coin project representing for Base blockchain, it has a relatively specific and clear development roadmap. The development roadmap of Toshi is divided into 2 stages:
Stage 1 includes activities such as:
- Community development
- Collaboration with DeFi Bluechip projects
- Launching 3000 exclusive NFTs
- Deployment of MultiSender dAPP
- Launching ToshiSwap - a comprehensive DEX tool
The project is expected to quickly complete Stage 1 to move on to Stage 2 with activities including:
- Contract deployment
- Launching license-free launchpad
- Listing tokens on CEX exchanges
2.1.2. Token Information
- Ticker: TOSHI
- Contract: 0xac1bd2486aaf3b5c0fc3fd868558b082a531b2b4
- FDV: $125.6M
- Circulating supply: 420,690,000,000
- Total supply: 420,690,000,000
- Maximum supply: 420,690,000,000
Users can acquire TOSHI through exchanges such as: BingX, Sushiswap v3 - v2, BitMart, Poloniex, BaseSwap, Uniswap v3, Aerodrome (Base).
2.2. Mochi
2.2.1. What is Mochi?
Mochi is a meme coin project named after CEO Brian Anstrong's adorable and playful orange cat. The primary goal of the project is to attract users to Base through the charm of this cute cat.
The project plans to release a collection of profile picture (PFP) NFTs named Mochimon in the first two months of 2024. The project will conduct a free mint, and a total of 3000 NFTs will be available for minting.
Participation in the minting process requires users to hold $MOCHI, with a higher token holding translating to the ability to mint a greater number of NFTs.
The project is set to introduce the Tamamochi game, where users are required to hold $MOCHI for in-game transactions. This game is designed to be played on the Telegram platform.
2.2.2. Token Information
- Ticker: MOCHI
- Contract: 0xf6e932ca12afa26665dc4dde7e27be02a7c02e50
- FDV: $25,143,705
- Circulating supply: 1,000,000,000,000
- Total supply: 1,000,000,000,000
- Maximum supply: 1,000,000,000,000
Users can acquire MOCHI through exchanges such as Sushiswap v2 v3 (Base), Uniswap v3 (Base), MEXC, BaseSwap, CoinEx.
Overall, the project has created quite diverse activities, providing many additional utilities for the $MOCHI token.
2.3. SmudgeCat
2.3.1.What is SmudgeCat?
SmudgeCat is a meme coin project built on the Base network with the ticker symbol $SMUDCAT. The creation of SmudgeCat aims to bring laughter, cuteness, humor, and a playful spirit to its audience.
2.3.2. Token Information
- Ticker: SMUDCAT
- Contract: 0x22dc834c3ff3e45f484bf24b9b07b851b981900f
- FDV: $414,509
- Circulating supply: Updating…
- Total supply: 500,000,000,000
- Maximum supply: 500,000,000,000
- The token was launched through a fair launch with 95% of tokens in the LP
- The liquidity token pool has been burned
- Token ownership rights have been renounced
- 5% for CEX is locked in the contract
Users can acquire tokens through Sushiswap v3 (Base).
2.4. BALD
2.4.1. What is Bald?
Bald is a meme coin project conceived and named in reference to the bald head of Coinbase's CEO.
2.4.2. Token Information
- Ticker: BALD
- Contract: 0x27d2decb4bfc9c76f0309b8e88dec3a601fe25a8
- FDV: Updating...
- Circulating supply: Updating…
- Total supply: Updating…
- Maximum supply: Updating…
At its launch in July 2023, BALD coin reach a 40,000% growth within 24 hours, pushing its market cap to $57 million.
A viral post about a trader turning $500 into hundreds of thousands of dollars caused Bald to surge by 4,000,000% in just a few days. This post attracted over $66 million worth of ETH into the ecosystem as traders hoped to profit from a larger market.
However, the excitement was short-lived. Bald's price plummeted by 90% after reaching its peak when the token deployer removed liquidity worth millions of dollars, causing investor sentiment to quickly sour as traders rushed to find exit strategies.
As of the time of writing, users can acquire BALD through BingX or SushiSwap V3.
3. Conclusion
This article provides a comprehensive insight into the top four meme coin projects on the Base network: Toshi, Mochi, SmudgeCat, and Bald.
It is important to carefully consider that meme coins are a form of cryptocurrency primarily created for entertainment purposes before making investment decisions. While it is undeniable that meme coins can offer high-profit opportunities to users, the elevated potential for gains is accompanied by substantial risks. Hence, it is imperative for individuals to stay abreast of the latest information and updates from these projects to make informed decisions.
Investors should be mindful that the cryptocurrency market, especially meme coins, can be dynamic and subject to rapid changes. Therefore, prudent monitoring and regular updates on project developments are essential for making well-informed investment choices.
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