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The Base chain is quickly becoming home to several emerging crypto projects. However, the top trending cryptocurrencies on the Base chain are mostly memecoins. Thus, investors believe that the meme culture is now hosted on the Base chain as opposed to Solana, which was home to memecoins in the previous quarter.
Investors who wish to get in on the Base opportunity should identify trending projects on the chain before they become widespread. This post covers the performance of Higher, Toby, and Pat, which are some of the top trending cryptos in the base network. It also shares highlights of their market data.
Most Trending Cryptocurrency on Base Chain
Moreover, included in today’s post is the overview of Dogecoin20. Even though degen investors are often more interested in trending cryptocurrencies, it may help to identify upcoming crypto with potential. Dogecoin20 recently completed its presale offering, which raised over $10 million hard cap in a few days. The project’s presale performance is a pointer to its market potential. More details on the Dogecoin20 project are covered below.
1. Higher (HIGHER)
Higher is one of the base high performers in the crypto category. The token has maintained a consistent uptrend since its launch. Today, HIGHER posted gains of over 76% and a trading volume of over $2.2 million.
Despite being a memecoin, the project has seen an increasing number of holders, and its price is quickly approaching the $0.1 mark. As of the time of writing, Basescan’s on-chain data shows that HIGHER has over 7900 holders and has completed over 87 thousand transactions.
What sets HIGHER apart from many memecoin projects launched on the Base chain is its fair launch, meaning it had no presale offering. According to the post on its official Twitter handle, the project is a brainchild of the community which met on Farcaster. The community is described as a group of meme lovers, which indicates that the token is all about shared interest.
tl;dr on higher
– community got together on farcaster
– token fair-launched to community 10 days ago
– we make memes
– relevant links in bio
– higher
– ↑— higher (@higheronchain) March 20, 2024
Surprisingly, it has amassed over 1000% price increase in less than 30 days, despite its fair launch. The numbers are still on the rise as the data reveals a growing number of holders. The last recorded change in the value indicates that it has increased by over 2% in the previous 24 hours. HIGHER may gain a price increase as it continues its debut across more platforms and amassed visibility. Hence, it might post more appearances on the trending tokens list in the coming days of the quarter.
2. PAT (PAT)
Pat is a multi-themed memecoin built on the Base chain. It uses a blend of cat and toad themes, giving it a new feel of strength and fun. The project describes itself as a new arrival that hopes to dislodge the glory days of the PEPE token. Its data on DEXTools shows that there’s been over 43% increase in the token price in the last 24 hours, and at the time of writing, it boasts a $6.6 million market cap.
Besides its growing price and market cap, PAT also has about 4000 holders and a growing social media community. Hence, PAT’s surging activities account for the appearance of the token on the top cryptos on the Base chain.
Although several memecoin cryptos are launched on the Base chain daily, PAT stands as one of the most popular in the last 24 hours. One of the reasons for the project’s visibility is the recently completed meme contest, which challenges the members of the community to create memes and include captivating action.
Ultimately, the project is still in its growth phase, and it is seeing an increase in the interest of degen investors. This trend is evident in the increasing number of users on its social media platforms, particularly its Twitter handle. As of the time of writing, Pat has over 4 thousand followers on its Twitter handle and a growing discord community.
Consequently, the memecoin may have enough community support to maintain its reputation on the trending list for the coming weeks. On the other hand, the Pat community may have to work on listing the token on crypto data aggregation platforms like Coingecko and CoinMarketCap to improve the exposure of the project.
3. Toby (TOBY)
Toby is a newly launched memecoin project on the base chain. The project builds on the popular toad trend, taking after the likes of Pepe. Nevertheless, the popularity of the PEPE token dwarfs the hype around Toby by an exponential margin. At the time of writing,
DEXTools data shows that the TOBY has a market cap of $12.5 million and liquidity valued at $293.65k. Its trading volume indicates growing interest in the token, with a value of $600k, which is about 10% of its market cap.
Generally, TOBY’s appearance on the trending crypto-list today is not surprising as the project is on an aggressive marketing effort. The information on the project’s website suggests that the community is on a mission to complete token distribution to over 1.2 million wallets globally. Its on-chain data, according to Basescan, reveals that there are over 700 thousand TOBY holders globally at press time.
The sheer number of holders positions the asset as one with the potential to make several appearances on the top trending list in the future. Also, the 70% token airdrop is still on, and it has over 4 thousand followers on Twitter, which gives it an edge at gaining visibility. However, there are no hard facts to verify the claims, as the trading volume indicates that only a fraction of the token holders are involved in active transactions.
What Might Be The Next Top Trending Crypto
Now that the prices of altcoin are trending downwards, historical data shows that funds often rotate into assets with long-term value and utility. On the other hand, degen investors usually put their funds in trending or emerging memecoins. Hence, the timing of the Dogecoin20 project is quite intriguing.
Wow! 🎉
No words to describe this amazing achievement! 🚀#Dogecoin20 reaches $6 million raised! 💰
Massive thanks to the #Crypto Community! 🙌#DOGE20 wishes you a great weekend! 🌟🐶 pic.twitter.com/PaAyohkpB7
— Dogecoin20 (@DOGE_COIN20) March 22, 2024
Besides its decision to launch at a time when there’s a widespread price decline among altcoins, the project also has two other advantages. Firstly, its launch date coincides with Doge Day. Similarly, the project is debuting closer to the Bitcoin halving date. These two monumental events would provide the momentum to give the DOGE20 the push it needs to reach greater upsides.
At press time, Dogecoin20 has reached the proposed presale hard cap. However, the team is providing more room for beginners to join the movement. According to the update on its presale page and Twitter handle, investors can still buy DOGE20 before the launch date. The date is set for the 20th of April, which is 18 days from the time of writing. The team have earmarked a portion of the tokens that are allocated for marketing for this purpose.
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