BASE chain memecoins surge: Is a new ‘Solana killer’ here?

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  • Ski Mask Dog registered a 500% growth over the last seven days. 
  • BRETT, the most popular BASE memecoin, witnessed a price correction. 

Solana [SOL] has been long known for its dominance in the memecoin sector, but now there is a new competitor.

Coinbase’s BASE blockchain has joined the memecoin frenzy, with robust network activity backing it. This allowed several small-cap memes to flourish and even outshine top memecoins by huge margins. 

BASE chain memecoins take the cake!

BASE has been witnessing a substantial surge in its network activity. As per Artemis’ data, BASE’s daily transactions skyrocketed to reach 11.4 million on the 26th of November.

The blockchain’s active addresses followed a similar trend. 

BASE network activity

Source: Artemis

A major reason behind this could be the emergence of multiple memecoins on the blockchain.

CoinGecko’s data revealed that BASE chain-based memecoins reached a trading volume of $546…

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