2024-04-09 18:35:52
The Base cryptochain is growing rapidly thanks to the sensational activity of Base meme coins and now the Dogerse As its ICO accelerates, Coinbase L2 drops Arbitrum.
Around Ethereum layer-2, the Coinbase Base chain quickly rose to the top as active addresses increase dramatically.
Source: DUNE
Based on the number of unique users in the past 24 hours, Base overtook Arbitrum, which had long been leading the list, on April 9. The resurgent platform had more than 450,000 titles, nearly 50% more than the approx. 306,000 address Arbitrum.
Source: DUNE
Base Chain has taken the baton from Arbitrum in terms of increasing the number of active users
The data considering that the number of active Base addresses has been increasing exponentially since the end of December 2023.
Calling the numbers to help, it looks like Base had regarding 60,000 active addresses on December 23rd. Since then, there has been a breakthrough, with the number of titles increasing by 900% over the past three months, to over 450,000 at the time of writing.
Source: DeFiLlama
At this pace, Base also overturned zkSync Era (3.01 million) and Optimism (2.13 million), which became dominant in the Ethereum scaling market.
Source: GrowThePie
Meanwhile, Starknet and Polygon’s zkEVM active titles fell significantly during this period, falling by 55% and 25% respectively.
What had such an impact on Base crypto? Meme coin mania dictates the pace
The boom in Base’s active titles is clearly a meme coin activities, as the activity of meme tokens has skyrocketed in recent weeks.
Coinbase layer-2 provides cover over the heads of leading meme coins like Brett (BRETT) and Degen (DEGEN), which boast market caps of $680 million and $475 million, respectively, according to CoinGecko.
Source: CoinGecko
You love to meme coins especially those projects that hold their pre-sale are cool these days. The reason for this is that retail investors are looking for opportunities that they can take the most advantage of during the next big bull run.
One such pre-sale on the Base chain started on April 8 Dogerse (DOGEVERSE), which is a fresh multi-chain dog-themed meme coin ecosystem. His ICO has currently raised more than $400,000 as of Tuesday followingnoon.
The interesting thing regarding the meme coin is that it conducts its presale through several chains, such as Ethereum, Avalanche, Base and Solana.
The developer of the project emphasizes that this approach democratizes access, since anyone can buy the coin. As a result, the growth rate of the coin may accelerate and lead to a strengthening of the entire crypto market.
🚀 Explore the #DOGEVERSEthe first truly multi-chain #Doge #Tokeninspired by #Cosmo‘s legendary journeys. 🐕
A leap forward in #Blockchain connectivity, uniting diverse #Crypto communities through Doge memes and a vision of a unified ecosystem across multiple chains! 🌐 pic.twitter.com/8JR3yjJsK4
— DogeVerse (@The_DogeVerse) April 9, 2024
Looking at market events, we believe that the Dogeverse pre-sale will continue to be a big success, with huge profits expected and users flocking to join.
According to the token’s backers, Dogeverse might be the next BONK or BOME, and its market cap might grow to $1 billion in the coming weeks.
Follow the Dogeverse that is X-inget the latest news and join the pre-sale community at Telegram.
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