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It all started in 2013 when two early crypto enthusiasts, Jackson Palmer and Billy Markus, launched a new cryptocurrency, Dogecoin (DOGE), meant to provide nothing but a good dose of laughter and fun — and the category of meme coins was born. For years, the world's earliest (and still largest) meme coin was practically alone in its humor-driven category. In 2020, it was joined by Shiba Inu (SHIB) and then by a plethora of Solana-based, animal-themed meme coins in the past couple of years. As of mid-2024, we’re in the midst of a true meme coin frenzy, with Solana (SOL) emerging as the leading meme coin blockchain.
However, the first half of the year has also witnessed another pivotal development in the meme coin niche — the rise of the Base chain as a major contender to Solana. Supported by Coinbase, Base has quickly established itself as a leading Layer 2 platform for Ethereum (ETH). With its low transaction costs and relatively uncongested environment, the chain is quickly becoming the new darling of meme coin issuers. Some Base chain meme coin projects have already achieved respectable market cap figures for this niche.
In this article, we’re covering 13 notable Base meme coins worth watching in 2024 — cryptocurrencies that are all vying to repeat the success stories of Dogecoin and Shiba Inu.
Key Takeaways:
Meme coins on the Base Layer 2 chain are quickly growing in importance and popularity in the blockchain world, with more than 80 registered as of early July 2024.
The leading Base meme coin, Brett (BRETT), has amassed a market cap of $1.2 billion, rising to the 7th position in overall meme coin rankings.