The Base ecosystem has been getting more attention recently. Its Total Value Locked (TVL) surged within 90 days. Base is a layer 2 solution for the Ethereum blockchain, backed by Coinbase. Unlike many networks, Base has no native token. Instead, it uses Ethereum on its platform.
This has led to a rise in the popularity of Base meme coins, which operate on this network. Most of these tokens are traded on decentralized exchanges (DEXs).
Today, we’re here to help you start your journey in this growing niche in the crypto market.
Getting Started with Meme Coins on Base Network
To begin buying meme coins on the Base network, follow these simple steps:
Step 1: Download a Crypto Wallet
First, you need a crypto wallet. For laptops, download the Metamask extension on your Chrome browser. You can also get the Metamask app from the Play Store or Apple Store. other options are Rabby or Rainbow, which both have a point system for a potential retroactive airdrop.
Step 2: Set Up Your Wallet
When setting up your wallet, safeguard your seed phrase and password by writing them down. Losing your seed phrase or password means losing access to your assets.
Step 3: Buy Ethereum
Purchase Ethereum from exchanges like Binance or Bybit. Then, transfer it to your wallet using the Base Network.
Step 4: Add Base Network to MetaMask
Open your wallet and click on the network dropdown. Select “Add Network” and search for Base Mainnet. Alternatively, visit chainlist.org, connect your wallet, search for Base Mainnet, and add the network.
Step 5: Bridge Ethereum to Base Network
If you did not transfer ETH on Base, you can use a bridge to transfer it from Ethereum to Base. For example, use Owlto Finance to bridge Ethereum from the Ethereum network to the Base network. Connect your wallet, specify the amount of ETH to send, and remember to leave some ETH for gas fees. Approve the transaction and switch to the Base network. In a few minutes, your Ethereum will appear on the Base network.
Finding Meme Coins on Base Network
Meme coins on the Base network can be found on platforms like Twitter (X) or Dexscreener. Here’s how to find and buy them:
Step 1: Search on Dexscreener
Visit dexscreener.com or download their app. Register an account and start searching for coins on the Base network. Do not search for the coin name directly to avoid imitations. Instead, visit the coin’s Telegram channel or website to get their contract address (also known as CA).
Step 2: Verify and Purchase
Copy the contract address and paste it into Dexscreener’s search bar to find the original coin. Then, connect your wallet to a DEX like Uniswap or Sushiswap. Paste the contract address, input the amount you wish to buy, and swap. After purchasing, import the token’s contract address into your MetaMask wallet to view your meme coins.
Recommended Decentralized Exchanges
Uniswap is a popular choice for trading meme coins on the Base network. It offers a user-friendly experience for beginners and advanced users alike.
Summary of the Buying Process
- Set up your wallet.
- Switch to the Base network.
- Supply Ethereum
- Find the contract address of the desired meme coin.
- Connect your wallet to a DEX.
- Paste the contract address, input the purchase amount, and swap.
- Import the token’s contract address into your wallet to view your meme coins.
Top Base Meme Coins for 2024
The Base network is an emerging market, offering early exposure before it goes mainstream. Identifying potential meme coins can be challenging, so thorough research is crucial. Here are some promising Base meme coins:
Brett (BRETT) – Leading Base Meme Coin
Brett (BRETT) is the largest meme coin on the Base chain, valued at over $1 billion. Described as “Pepe’s best friend on Base,” Brett is featured in Matt Furie’s Boy’s Club comic. It claims to be the Base network mascot and boasts a growing investor community. Brett’s Telegram group has over 9,500 members and 33,000 X followers. With a total supply of 10 billion tokens, 85% of which are in circulation, Brett has a fully diluted valuation of $1.3 billion. Originally priced at $0.03877, Brett has gained significant traction.
You can trade Brett on Bybit or a Dex.
Toshi (TOSHI) – Original Base Meme Coin
Launched in August 2023, Toshi (TOSHI) is one of the first Base chain meme coins. Like Brett, Toshi claims to be the face of Base. Toshi is building practical use cases, including a multi-sender tool for airdropping new tokens and locker features for new projects. It also offers decentralized swapping tools and a launchpad for upcoming projects. Initially priced at $0.00003567, Toshi has seen substantial growth. Currently, its holding a $78 million market cap and is only available on Dex’s.
Mochi (MOCHI) – Top-Performing Cat Meme Coin
Mochi (MOCHI) is a top choice for fans of cat-based meme coins. Some analysts believe cat-focused projects could mirror the success of dog coins like Dogecoin and Shiba Inu. Named after Brian Armstrong’s cat, the CEO of Coinbase, Mochi has a growing social media presence with over 20,000 followers on X. The total supply of MOCHI is 1 trillion tokens, all in circulation. However, the circulating supply is self-reported. The market cap is currently at $14 million and only available on Dex’s.
Conclusion
When investing in meme coins, always conduct thorough research. Stay updated on market trends and be cautious. DYOR (Do Your Own Research) is crucial. Ensure you access the correct websites and verify contract addresses before making any purchases. Happy trading!
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You might also like our blog about the Popcat Meme coin, or about the biggest dog-themed meme coins.
