Ethereum

Degen

Base

April

<div class="insidebitcoins">
 Ethereum layer-two network Base reached a daily peak of $1.22 billion in trading volumes on March 30 amid a meme coin frenzy on the network.
 Trading volumes have dropped in the new week to average $970 million on April 1, according to Dune, but the increased activity on the network is making it an attractive destination for meme coins.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 gm@base transactions have gone parabolic pic.twitter.com/XeLcj1syfO
 — Alex Svanevik 🐧 (@ASvanevik) April 1, 2024
 </blockquote>
 
 Base has already locked in $1.47 billion worth of meme coins as its top two meme coins posted strong gains over the past week, according to CoinGecko.
 Sam Baseman Fraud, a new meme coin created on Base shortly after the sentencing of Sam Bankman-Fried, pumped by 35,000% before crashing.
 <img decoding="async" class="aligncenter wp-image-499246 size-full" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201301%20226'%3E%3C/svg%3E" alt="BASE coingecko" width="1301" height="226" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/04/02/dc9769864bfde04339442b1373a0cfb8.webp 1301w, https://cdn.thebittimes.com/images/2024/04/02/dc9769864bfde04339442b1373a0cfb8.webp 300w, https://cdn.thebittimes.com/images/2024/04/02/dc9769864bfde04339442b1373a0cfb8.webp 1024w, https://cdn.thebittimes.com/images/2024/04/02/dc9769864bfde04339442b1373a0cfb8.webp 768w" data-lazy-sizes="(max-width: 1301px) 100vw, 1301px" data-lazy-src="https://cdn.thebittimes.com/images/2024/04/02/dc9769864bfde04339442b1373a0cfb8.webp">
 <noscript><img decoding="async" class="aligncenter wp-image-499246 size-full" src="https://cdn.thebittimes.com/images/2024/04/02/dc9769864bfde04339442b1373a0cfb8.webp" alt="BASE coingecko" width="1301" height="226" srcset="https://cdn.thebittimes.com/images/2024/04/02/dc9769864bfde04339442b1373a0cfb8.webp 1301w, https://cdn.thebittimes.com/images/2024/04/02/dc9769864bfde04339442b1373a0cfb8.webp 300w, https://cdn.thebittimes.com/images/2024/04/02/dc9769864bfde04339442b1373a0cfb8.webp 1024w, https://cdn.thebittimes.com/images/2024/04/02/dc9769864bfde04339442b1373a0cfb8.webp 768w" sizes="(max-width: 1301px) 100vw, 1301px">
 </noscript>
 <h2 id="new-layer-three-network-drives-more-activity-into-base">New Layer-Three Network Drives More Activity into Base</h2>
 Degen Chain, a layer-three blockchain created atop the Base network, launched last week and is driving transaction activity on Base.
 Within four days, the layer-three hit nearly $100 million in transaction volumes. Over 2,300 tokens, mostly meme coins, have already launched on the network.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Since its launch, it:
 – on boarded &gt;132k addresses – had over 4.15m completed txs – had 7.5k total contracts deployed (mostly rugs, only 290 verified) – had over 2300 tokens launched (mostly rugs)
 — Shual (@0xShual) March 31, 2024
 </blockquote>
 
 Despite the early success of Degen Chain, Polygon’s CEO, Marc Boiron, says&nbsp;layer-threes are diverting value from the Ethereum blockchain.
 <h3 id="also-read">Also Read:</h3>
 <ul>
 <li>Pepe Price Prediction: PEPE Plunges 14% As Experts Turn To This 2.0 Dogecoin For 100X Potential</li>
 <li>Top Trending Meme Coins to Watch Out for in the Upcoming Weeks of April 2024</li>
 <li>Cryptocurrency Flash Crash Slices 4% Off Crypto Market Cap As Bitcoin, Solana, Dogecoin Plunge</li>
 </ul>
 Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/coinbase-s-base-network-soars-amid-meme-coin-mania-tbt84229.html">https://thebittimes.com/coinbase-s-base-network-soars-amid-meme-coin-mania-tbt84229.html</a>
</div>

Coinbase’s Base Network Soars Amid Meme Coin Mania

Mục lục

TheBitTimes

Các bài viết khác được xuất bản trên 2 thg 4, 2024

Rising Uncertainty Around Cardano (ADA) Price Pushes Investors Towards Competitor, 3000% Growth E...

Cryptex Finance (CTX) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Forget the Shiba Inu (SHIB) and Pepe Coin (PEPE) Gamble: Start Accumulating These Two Cryptocurre...

Dogecoin (DOGE) Registers 25% Pump; Buyers Targeting $0.3

Cryptocurrency Market Faces Sharp Decline

Top 10 Cryptocurrencies Of April 2024

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!