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Cryptocurrency News Articles

What Is Base Crypto? ROOST and Other Best BASE Meme Coins to Invest In

Mar 27, 2024 at 11:41 pm

As Coinbase's BASE crypto ecosystem gains traction, meme token prices have surged, with ROOST leading the charge. Coinbase-incubated Base Chain is an Ethereum layer-2 solution designed for scalability and affordability, fueling the popularity of its meme token market. With Base Chain's rapid growth and position as the 9th largest blockchain by TVL, the ecosystem presents a unique investment opportunity in meme coins.

What Is Base Crypto? ROOST and Other Best BASE Meme Coins to Invest In

Meme coin market attention has shifted to Coinbase’s BASE crypto ecosystem, and with prices exploding in recent days, fuelling major skyrockets like ROOST token, discover the best BASE meme coins to invest in.

Designed and incubated by Coinbase, Base Chain is sparking a frenzy of meme tokens across the network. Base Chain is an Ethereum layer-2 solution aimed at scaling up user engagement on-chain, making access to Ethereum more accessible, secure, and cost-effective.

However, Base Chain’s meme market stands out; redefining weird in Web3 – like the strange memetic lovechild of Area 51 and 4chan.

“From the beginning, our secret master plan has been clear and consistent: create an open financial system that increases economic freedom globally by moving deliberately through four phases. Each phase builds on the one before it, creating a more inclusive financial system along the way,” claims Base Chain.

What Is Base Crypto? ROOST and Other Best BASE Meme Coins to Invest In

(Source)

The Base platform is rapidly growing, with numerous projects already leveraging its infrastructure – this vibrant ecosystem of applications has propelled Base’s total-value locked (TVL). Yet, dramatic growth in recent weeks has positioned BASE as the 9th largest blockchain by TVL.

What Is Base Crypto? ROOST and Other Best BASE Meme Coins to Invest In

(DeFiLlama, BASE)

What is Base Crypto Chain? Why Are Base Meme Coins Skyrocketing?

Base has built its foundation on Optimism’s OP Stack – an established and reliable open-source development framework, with extremely low-costs and high-transaction speeds.

Recognizing its potential to reduce Ethereum transaction costs by up to 100x, Coinbase and the OP Stack team have been instrumental in using Base to make the Ethereum ecosystem more affordable for mainstream adoption.

Indeed, by positioning Base as a low-cost solution for mainstream adoption, Coinbase has been able to onboard a significant number of users onto the blockchain due to easy intractability with the popular Coinbase Wallet.

With Coinbase already a first port of call for many new retail investors, the provision of direct access to various DApps through the Coinbase platform has been instrumental in BASE’s rapid growth.

 

Here are some reasons Base Chain stands out:

    • Security: Leveraging Ethereum’s security framework, Base is positioned as a highly secure platform for blockchain applications.
    • Ecosystem Growth Strategy: Aiming to create a “super chain,” Base plans to build a network of independent ecosystems that will interconnect over time to scale Ethereum effectively.
    • Advantages for Users and Developers: With full EVM compatibility, lower gas fees, faster transactions, and seamless integration with Coinbase, Base offers an attractive environment for deploying DApps, especially in sectors like DeFi, gaming, NFTs, and meme tokens – all of which have soared in popularity.

Discover: The Best BASE Meme Coins To Invest In

What Is Base Crypto? ROOST and Other Best BASE Meme Coins to Invest In

(ROOSTUSD)

As Base chain heats up, ROOST is trending as the most popular BASE meme coin. As their homepage describes, ROOST is the champion of the Base ecosystem – a meme coin mascot aimed at protecting, guiding, and growing the BASE community.

That’s it – in typical meme coin fashion, there’s not much more information to go by – with the huge breakout trend fuelled by popularity not utility.

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Other articles published on Nov 05, 2024