• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Base Network Meme Coins Register Substantial Increases Following Court Decision

user avatar

by Giorgi Kostiuk

a year ago


An announcement by a federal court in a case involving popular cryptocurrency exchange Coinbase has resulted in significant growth for meme coins connected to the Base network. Market analysis indicates that these digital assets have collectively increased by around 12% in the previous day, nearing a total valuation of $1.1 billion. Some tokens have experienced even more substantial growth, with certain ones seeing a rise of over 20% in only 24 hours.

Memecoin Standouts in the Recent Surge

During this latest rally, Coinye West stood out with an impressive 110% surge, captivating attention for its exceptional performance. Following closely behind was Bald Dog, which rose by 45.2% within the same timeframe and continued its growth trend with a 313% increase the week prior. Investors have also taken note of Brett, another meme coin, which saw a 25.9% increase. Brett's consistent growth over the past few weeks, with gains of 55.7% and 73% at different intervals, has kept it in the spotlight.

In the Base memecoin market, Brett currently holds the highest market value, driven by a 14.2% rise in daily trading volume. Toshi and Degen are also worth mentioning, as they have experienced significant weekly growth of 68.2% and 127%, respectively. The memecoin market as a whole has seen substantial growth, reaching a total value of $69.1 billion, an 8% increase from the previous day, with Dogecoin leading the way with a 13% spike.

Influence of Coinbase Legal Proceedings

Recent legal proceedings in the Manhattan federal court involving Coinbase, accused by the SEC of facilitating trades in unregistered securities, may have contributed to the positive momentum observed in Base tokens and their recent market success.

Source: The content was originally published on BH NEWS.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

New Opportunities in the Meme Cryptocurrency Market: Troller Cat Gaining Popularity

chest

Exploring the rise of Troller Cat amid shifts in meme cryptocurrencies and the current status of Shiba Inu and Pepe.

user avatarGiorgi Kostiuk

Bit Digital Makes $67.3 Million Ethereum Purchase, Strengthening Its Holdings

chest

Bit Digital invests $67.3 million in Ethereum, raising total holdings to nearly 120,306 coins.

user avatarGiorgi Kostiuk

Block Inc. Joins S&P 500, Replacing Hess Corp.

chest

Block Inc. will replace Hess Corp. in the S&P 500, potentially impacting Bitcoin's acceptance by institutional investors.

user avatarGiorgi Kostiuk

XRP Sets New Record Following Legislative Changes

chest

XRP hit $3.66, surpassing previous records due to increased investor interest and the expected signing of the GENIUS Act.

user avatarGiorgi Kostiuk

MEI Pharma and Litecoin: New $100 Million Treasury Strategy

chest

MEI Pharma has announced a $100 million treasury strategy with Litecoin, led by Litecoin creator Charlie Lee. Market reaction was volatile.

user avatarGiorgi Kostiuk

Merkel Urges for a Cohesive EU Response to US Tariffs

chest

Merkel calls for EU unity in response to US tariffs that may disrupt trade chains.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.