Meme Coin News: Top 10 Base Meme Coins, BONK Partners With TipLink

Sead Fadilpašić

Last updated:

May 13, 2024 11:41 EDT

| 4 min read

Get your weekly, bite-sized digest of meme coin news.

This week read about:

Meme Coin News: Market Highlights

Base Chain Rising as Home for Meme Coins

BRETT at the Top Among Base-Based Meme Coins

BONK Enables Email Login, Launches E-cards

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Meme Coin News: Market Highlights.

The meme market capitalization increased by 1.8% over the last 24 hours. It currently stands at $52.2 billion.

Dogecoin (DOGE) is at the top per market cap, with 20.76 billion.

In second place is Shiba Inu (SHIB), having seen a market cap of $13.84 billion.

Pepe Coin (PEPE)’s cap is significantly smaller, standing in third place with $3.7 billion.

DOGE also holds tight to the first place per 24-hour market volume, with $52.6 billion.

Dogwifhat (WIF) is in the second place, recording $889 million.

This is a significant difference between the two first positions.

Looking at the prices over the past 24 hours, three out of the top 10 meme coins per market cap are down today.

These are WIF, COQ, and MEME, each down between 0.5% and 2%.

SHIB is the best performer in this category, as its price appreciated 4% to $0.00002.

BONE follows it, increasing by 2.6% and trading at $0.57782.

The remaining coins are up between 0.5% (BABYDOGE) and 2% (DOGE).

All of these coins’ prices have dropped over the past seven days.

WIF sank 19%, DOGE decreased by 14.5%, FLOKI is down 12.8%, SHIB declined by 8.1%, and PEPE fell 3%, among others.

Base Chain Rising as Home for Meme Coins.

Base has been receiving increasingly more attention since its launch – and may be on its way to surpassing Solana. This would be very beneficial for the coins it houses.

There are several reasons why this may occur. Coinbase’s Ethereum layer-2 blockchain is expecting significant ecosystem developments, but also on-chain metrics are nothing to ignore.

Important developments include Base Chain Smart Wallet and a smart contract called ‘Magic Spend.’

As for on-chain metrics, looking at Base’s 24-hour trading volume, we find it at $125.47 million today, according to DeFiLlama.

At the beginning of this year, that number was just 21.63 million.

Furthermore, its total value locked (TVL) stands at $1.508 billion, nearing its $1.65 all-time high.

Again, at the beginning of...

https://cryptonews.com/news/meme-coin-news-base-chain-rises-top-10-base-meme-coins-bonk-partners-with-tiplink.htm

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