Top Five Memecoins on Base Blockchain

Following Ethereum's Dencun upgrade on March 13, the spotlight has shifted towards the burgeoning Base layer-2 blockchain, offering cost-effective transactions. Solana's dominance in the meme coin market due to low fees is now challenged by Ethereum's L2 solutions, igniting interest and investments in various Base meme coins.

Here are the top five Base memecoins, based on market cap:

1. Mochi (MOCHI) – Cat-themed Delight

For fans of cat-based meme coins, Mochi (MOCHI) emerges as a top choice, with year-to-date gains approaching 8,000%, with a market cap of $55 million.

Named after Brian Armstrong's cat, Mochi has captured the attention of social media, boasting over 20,000 followers. While its circulating supply is fully reported, Mochi's popularity underscores the potential for cat-focused projects within the meme coin space.

2. NORMIE – A Newcomer with Promise

NORMIE emerges as a promising meme coin, garnering attention within the Base chain community and surged by 2200% since its inception.

Positioned as the "people's coin," NORMIE aims to onboard the next million holders, offering accessibility and simplicity in trading meme coins. With a fair sale launch and a market capitalization exceeding $99 million, NORMIE represents a fresh contender in the ever-evolving landscape of meme coins.

3. Toshi (TOSHI) – Originality and Growth

Toshi (TOSHI), launched in August 2023, stands as one of the pioneering meme coins on the Base chain.

Beyond its memetic appeal, Toshi offers practical utility for token holders, including tools for airdrops, decentralized swapping, and a launchpad for emerging projects. With an impressive price surge of about 15,000% since its inception, Toshi remains a formidable contender in the meme coin landscape with a market cap of $275 million.

4. DEGEN – Farcaster's Fervent Favorite

DEGEN, born out of the Farcaster community, operates as an ERC-20 token on the Base blockchain. Launched in January 2024, DEGEN distinguishes itself as a token embraced by committed builders and degens alike.

Its fair launch distribution and close ties to the Warpcast team have solidified DEGEN's position as a beloved meme coin within the Farcaster ecosystem. It surged about 150000% since its inception, and have a current market cap of $430 mill

5. Brett (BRETT) – Leading the Pack

Brett (BRETT) reigns as the largest meme coin on the Base chain, boasting a market capitalization exceeding $640 million. Positioned as Pepe's companion on Base, Brett features prominently in Matt Furie's Boy's Club comic.

With a dedicated Telegram group boasting over 9,500 members and 33,000 X followers, Brett's community continues to grow. Its current price, trading at $0.07272, nearly 70% higher than its initial value, positions Brett as a significant player in the meme coin arena.