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The rise of meme coins on the Base chain is causing a stir in the cryptocurrency market, with the top meme token Brett surpassing Solana meme coin Bonk in terms of market capitalization. Brett’s market cap is now close to $1.5 billion after a 21% rally on Wednesday.
This surge in Brett’s value has also led to significant growth in other Base meme coins, with Degen and Basenji tokens seeing increases of over 30% and 90% respectively. Additionally, a new presale token called Base Dawgz has raised nearly $2 million in its ICO and is drawing comparisons to Brett.
Experts believe that Brett still has room to grow, as it is currently 23% below its previous all-time high. The meme coin is also gaining traction on top crypto exchanges like Kraken and Woo, further boosting its value.
With the Base chain offering low trading fees and high scalability, meme coins on this platform are attracting attention from investors looking for the next big opportunity. As the Base meta continues to develop, tokens like Brett and Base Dawgz could outperform other meme coins in the market.
As Base Dawgz garners early demand and strong fundamentals, some traders are predicting significant gains for the token. With its multi-chain status and innovative airdrop program, Base Dawgz is quickly becoming a favorite among investors seeking high returns.
Overall, the rise of meme coins on the Base chain is reshaping the cryptocurrency landscape, with tokens like Brett and Base Dawgz leading the way in this new wave of digital assets.