Base Meme Coins Up by 13% Overnight: What to Know

Points

• Meme coins on Solana （SOL） and Base （BASE） saw double-digit increases.
• Base （BASE） meme coins are among the top three fastest-growing categories.
• Shiba Inu （SHIB） and Dogecoin （DOGE） are lagging behind.
• The overall cryptocurrency market is growing slowly.
• Crypto Fear and Greed Index remains in the “Fear” zone.

Despite an overall apathetic market sentiment, meme cryptocurrencies on the Solana （SOL） and Base （BASE） blockchains have shown remarkable performance. Over the past 24 hours, these meme coins registered significant gains, increasing their aggregated cap by over 13% each.

Image by CoinGecko

In the meme coin sector on Base （BASE）, ChompCoin （CHOMP） led the charge with a growth of 22.5%. Other notable performers included Based Brett （BRETT） and Toshi （TOSHI）, which showed modest gains of 3% and 1%, respectively. Meanwhile, Solana’s （SOL） meme coin Popcat （CAT） achieved an 11.9% increase, pushing its market capitalization to $500 million.

In contrast, leading meme coins like Shiba Inu （SHIB） and Dogecoin （DOGE） saw slight declines, with SHIB down by 0.2% and DOGE by 0.1%. Dogwifhat （WIF） fell out of the top 50 with a 1.7% drop.

Overall, the cryptocurrency market saw a slight increase of 0.2% in net capitalization. Bitcoin （BTC） and Ethereum （ETH） both rose by 1.5%, while the Crypto Fear and Greed Index moved up one point to ²⁷⁄₁₀₀, still within the “Fear” zone.

解説

• Base （BASE） Performance: Base （BASE） meme coins have demonstrated strong growth, outpacing other categories except for modular blockchains and L2s on parallelized EVM.
• Solana （SOL） Trends: Solana’s （SOL） meme coin ecosystem showed significant gains driven by low-cap assets.
• Market Dynamics: While major meme coins like SHIB and DOGE lag, the broader market shows incremental growth.
• Investor Sentiment: The Crypto Fear and Greed Index indicates a cautious market, reflecting ongoing apprehension among investors.
• Future Outlook: The performance of meme coins on Base （BASE） and Solana （SOL） suggests potential for continued growth, contingent on broader market conditions and investor sentiment.