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Base Chain: The New Hub for Meme Coins Taking Over Solana?

Meme Coin News: Market Highlights

Meme coin market capitalization has increased by 1.8% in the last 24 hours, reaching $52.2 billion. Dogecoin (DOGE) leads the market with a cap of $20.76 billion, followed by Shiba Inu (SHIB) at $13.84 billion and Pepe Coin (PEPE) at $3.7 billion. DOGE also dominates in 24-hour market volume with $52.6 billion, while Dogwifhat (WIF) follows with $889 million.

Base Chain Rising as Home for Meme Coins

Base Chain is gaining popularity and may outpace Solana as a preferred platform for meme coins. Significant ecosystem developments and impressive on-chain metrics contribute to this rise. Base Chain’s 24-hour trading volume has surged to $125.47 million, compared to $21.63 million at the beginning of the year. The total locked value (TVL) on Base Chain now stands at $1.508 billion, a substantial increase from $437 million earlier this year.

BRETT at the Top Among Base-Based Meme Coins

Among the top 10 meme coins on Base Chain, the market capitalization is $877 million. BRETT leads the pack with $289.4 million, followed by DEGEN at $235.1 million. TOSHI is the only other coin with a market cap above $100 million. Notably, BOOMER has seen a 40% increase in price, with DOGINME following closely with a 12% rise.

BONK Enables Email Login, Launches E-cards

BONK, a meme coin, has recently teamed up with TipLink to introduce an email login feature on BONKrewards and the ability to lock coins using only an email address. Additionally, BONK has launched BONKmark E-cards just before Mother’s Day, allowing users to send BONK tokens via email. Recipients can easily claim their BONK and learn how to manage it or convert it to fiat using the provided instructions on the E-card platform.

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