{"id":599013,"date":"2024-03-21T16:00:19","date_gmt":"2024-03-21T16:00:19","guid":{"rendered":"https:\/\/wncen.com\/?p=599013"},"modified":"2024-03-21T14:00:29","modified_gmt":"2024-03-21T14:00:29","slug":"crypto-analyst-base-next-memecoin-hotspot-top-8","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/crypto-analyst-base-next-memecoin-hotspot-top-8\/","title":{"rendered":"Crypto Analyst Touts Base As Next Memecoin Hotspot: Top 8 Picks"},"content":{"rendered":"<p>In an analysis shared with his nearly 100,000 followers on X (formerly Twitter), the crypto analyst known by the pseudonym Xremlin (@0x_gremlin) has pinpointed Base as the burgeoning hub for memecoin enthusiasts and investors. This proclamation follows a season of unprecedented gains in the Solana memecoin market, with tokens like BOME, WIF, and SLERF achieving returns ranging from 300x to 1000x.<\/p>\n<p>Xremlin&#8217;s insight into the crypto market dynamics suggests a potential replication of these astronomical returns on Base, underlined by a tweet stating, \u201cMeme traders on Solana printed millions this season: <a href=\"https:\/\/wncen.com\/meme-coin\/introducing-book-of-meme-bome-the-latest-1-billion-crypto-sensation\/\" target=\"_blank\" rel=\"noopener \">BOME<\/a>: 800x, WIF: 1000x, <a href=\"https:\/\/wncen.com\/sponsored\/slerf-price-prediction-the-next-200x-memecoin\/\" target=\"_blank\" rel=\"noopener \">SLERF<\/a>: 300x. BASE season is just revving up, and might have a similar rally.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Meme traders on Solana printed millions this season:<a href=\"https:\/\/twitter.com\/search?q=%24BOME&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$BOME<\/a>: 800x \u2502 <a href=\"https:\/\/twitter.com\/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$WIF<\/a>: 1000x \u2502 <a href=\"https:\/\/twitter.com\/search?q=%24SLERF&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$SLERF<\/a>: 300x<a href=\"https:\/\/twitter.com\/search?q=%24BASE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$BASE<\/a> season is just revving up, and might have a similar rally.<\/p>\n<p>\ud83e\uddf5List of memes on Base with 10-500x potential\u2b63 <a href=\"https:\/\/t.co\/wAs5hde0N9\" rel=\"nofollow\">pic.twitter.com\/wAs5hde0N9<\/a><\/p>\n<p>&mdash; Xremlin (@0x_gremlin) <a href=\"https:\/\/twitter.com\/0x_gremlin\/status\/93210047?ref_src=twsrc%5Etfw\" rel=\"nofollow\">March 21, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The transition of focus towards <a href=\"https:\/\/wncen.com\/optimism-2\/op-is-undervalued-skyrocket-coinbase-base\/\" target=\"_blank\" rel=\"noopener \">Base<\/a> is attributed by the analyst to its association with Coinbase and an upcoming product launch aimed at simplifying on-chain trading. Xremlin elaborates, &#8220;Why Base? Coinbase has a large user base in the US, but trading on-chain can be too complex for normies. Soon, Coinbase will launch a product that enables its CEX users [100M+] to trade on Base without requiring seed phrases or private keys.&#8221;<\/p>\n<p>This move is anticipated to significantly lower the entry barriers for new investors, potentially catalyzing a memecoin rally on the Base platform.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/solana\/leading-the-pack-solana-captures-nearly-50-of-global-crypto-attention\/\" target=\"_blank\" rel=\"noopener \">Leading The Pack: Solana Captures Nearly 50% Of Global Crypto Attention<\/a><\/div>\n<p>However, amidst the excitement, Xremlin issues a word of caution to their followers: \u201cRemember: Investing in memes is high risk. Only bet what you can afford to lose. Projects might rug, slow rug, or suddenly tank by 50%-70% when the hype fades.\u201d This cautionary advice reflects the inherent volatility and risk associated with memecoin investments, where the line between significant gains and losses can be remarkably thin.<\/p>\n<h2>Diving Into The Top Crypto Memecoins On Base<\/h2>\n<p>Xremlin&#8217;s curated list of Base memecoins is not only varied but also rich with potential, highlighting projects inspired by cultural references, pets of notable figures, and even caricatures of industry leaders. Here&#8217;s a closer look at the analyst&#8217;s picks:<\/p>\n<ul>\n<li><strong>TOSHI:<\/strong> Touted as a tribute to Brian Armstrong&#8217;s cat, named after the enigmatic Satoshi Nakamoto, TOSHI represents a playful investment opportunity. Xremlin notes, &#8220;TOSHI could be the flagship <a href=\"https:\/\/wncen.com\/press-releases\/memecoin-mania-in-q4-2023-pepecoin-price-prediction-and-pikamoons-potential\/\" target=\"_blank\" rel=\"noopener \">memecoin<\/a> of Base, drawing on the crypto community&#8217;s reverence for Nakamoto and Armstrong&#8217;s influence.&#8221;<\/li>\n<li><strong>DEGEN:<\/strong> With its strategic distribution to Farcaster users, DEGEN taps into a community already engaged and familiar with crypto, setting a precedent for community-driven value.<\/li>\n<li><strong>DOGINME:<\/strong> This memecoin capitalizes on the popular phrase &#8220;Got that dog in him,\u201d embodying the resilience and tenacity celebrated in crypto trading circles.<\/li>\n<\/ul>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/bitcoin\/hold-your-horses-buying-the-crypto-dip-is-still-too-early-warns-top-analyst-heres-why\/\" target=\"_blank\" rel=\"noopener \">Hold Your Horses: \u2018Buying The Crypto Dip Is Still Too Early\u2019 Warns Top Analyst \u2014 Here\u2019s Why<\/a><\/div>\n<ul>\n<li><strong>MOCHI and PONCHO:<\/strong> Both cat-themed coins seek to attract the attention of cat lovers, just as dog-themed memecoins such as Dogecoin, Shiba Inu and FLOKI attract that of dog lovers. MOCHI is based on Brian Armstrong&#8217;s pet.<\/li>\n<li><strong>TYBG:<\/strong> Self-described as &#8220;The most based meme on Base,&#8221; it signifies the meta-culture of memes within the crypto space, where self-referential humor often garners substantial community support.<\/li>\n<li><strong>BRIUN:<\/strong> A direct caricature of Coinbase CEO Brian Armstrong, BRIUN embodies the intersection of meme culture and crypto&#8217;s leadership, underlining the community&#8217;s penchant for satire.<\/li>\n<li><strong>ELONRWA:<\/strong> Inspired by a sketch of Elon Musk, this project aims to bridge the gap between digital tokens and real-world assets, representing the innovative and often speculative nature of memecoin investments.<\/li>\n<\/ul>\n<p>Xremlin further emphasizes the importance of community and research in navigating the memecoin market: \u201cFor those interested in researching Base memes, I recommend joining the \/base channel on Warpcaster. Community insight is invaluable, and collective due diligence can help mitigate risks associated with memecoin investments.\u201d<\/p>\n<p>At press time, TOSHI traded at $0.000321653, up 210% in the last three weeks.<\/p>\n<figure id=\"attachment_599027\" aria-describedby=\"caption-attachment-599027\" style=\"width: 3628px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-599027 size-full\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/03\/TOSHIUSDT_2024-03-21_14-08-49.png?resize=3628%2C1673\" alt=\"TOSHI price\" width=\"3628\" height=\"1673\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/03\/TOSHIUSDT_2024-03-21_14-08-49.png?w=3628 3628w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/03\/TOSHIUSDT_2024-03-21_14-08-49.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/03\/TOSHIUSDT_2024-03-21_14-08-49.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/03\/TOSHIUSDT_2024-03-21_14-08-49.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/03\/TOSHIUSDT_2024-03-21_14-08-49.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/03\/TOSHIUSDT_2024-03-21_14-08-49.png?w=2048 2048w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/03\/TOSHIUSDT_2024-03-21_14-08-49.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/03\/TOSHIUSDT_2024-03-21_14-08-49.png?w=1140 1140w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/03\/TOSHIUSDT_2024-03-21_14-08-49.png?w=3000 3000w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><figcaption id=\"caption-attachment-599027\" class=\"wp-caption-text\">TOSHI price, 1-day chart | Source: <a href=\"https:\/\/www.tradingview.com\/x\/hntS6byJ\/\" target=\"_blank\" rel=\"noopener nofollow\">TOSHIUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n<div class=\"disclaimer-shortcode\">Featured image from Shutterstock, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In an analysis shared with his nearly 100,000 followers on X (formerly Twitter), the crypto analyst known by the pseudonym Xremlin (@0x_gremlin) has pinpointed Base as the burgeoning hub for memecoin enthusiasts and investors. This proclamation follows a season of unprecedented gains in the Solana memecoin market, with tokens like BOME, WIF, and SLERF achieving returns ranging from 300x to 1000x. Xremlin&#8217;s insight into the crypto market dynamics suggests a potential replication of these astronomical returns on Base, underlined by a tweet stating, \u201cMeme traders on Solana printed millions this season: BOME: 800x, WIF: 1000x, SLERF: 300x. BASE season is just revving up, and might have a similar rally.\u201d Meme traders on Solana printed millions this season:$BOME: 800x \u2502 $WIF: 1000x \u2502 $SLERF: 300x$BASE season is just revving up, and might have a similar rally. \ud83e\uddf5List of memes on Base with 10-500x potential\u2b63 pic.twitter.com\/wAs5hde0N9 &mdash; Xremlin (@0x_gremlin) March 21, 2024 The transition of focus towards Base is attributed by the analyst to its association with Coinbase and an upcoming product launch aimed at simplifying on-chain trading. Xremlin elaborates, &#8220;Why Base? Coinbase has a large user base in the US, but trading on-chain can be too complex for normies. Soon, Coinbase will launch a product that enables its CEX users [100M+] to trade on Base without requiring seed phrases or private keys.&#8221; This move is anticipated to significantly lower the entry barriers for new investors, potentially catalyzing a memecoin rally on the Base platform. Related Reading: Leading The Pack: Solana Captures Nearly 50% Of Global Crypto Attention However, amidst the excitement, Xremlin issues a word of caution to their followers: \u201cRemember: Investing in memes is high risk. Only bet what you can afford to lose. Projects might rug, slow rug, or suddenly tank by 50%-70% when the hype fades.\u201d This cautionary advice reflects the inherent volatility and risk associated with memecoin investments, where the line between significant gains and losses can be remarkably thin. Diving Into The Top Crypto Memecoins On Base Xremlin&#8217;s curated list of Base memecoins is not only varied but also rich with potential, highlighting projects inspired by cultural references, pets of notable figures, and even caricatures of industry leaders. Here&#8217;s a closer look at the analyst&#8217;s picks: TOSHI: Touted as a tribute to Brian Armstrong&#8217;s cat, named after the enigmatic Satoshi Nakamoto, TOSHI represents a playful investment opportunity. Xremlin notes, &#8220;TOSHI could be the flagship memecoin of Base, drawing on the crypto community&#8217;s reverence for Nakamoto and Armstrong&#8217;s influence.&#8221; DEGEN: With its strategic distribution to Farcaster users, DEGEN taps into a community already engaged and familiar with crypto, setting a precedent for community-driven value. DOGINME: This memecoin capitalizes on the popular phrase &#8220;Got that dog in him,\u201d embodying the resilience and tenacity celebrated in crypto trading circles. Related Reading: Hold Your Horses: \u2018Buying The Crypto Dip Is Still Too Early\u2019 Warns Top Analyst \u2014 Here\u2019s Why MOCHI and PONCHO: Both cat-themed coins seek to attract the attention of cat lovers, just as dog-themed memecoins such as Dogecoin, Shiba Inu and FLOKI attract that of dog lovers. MOCHI is based on Brian Armstrong&#8217;s pet. TYBG: Self-described as &#8220;The most based meme on Base,&#8221; it signifies the meta-culture of memes within the crypto space, where self-referential humor often garners substantial community support. BRIUN: A direct caricature of Coinbase CEO Brian Armstrong, BRIUN embodies the intersection of meme culture and crypto&#8217;s leadership, underlining the community&#8217;s penchant for satire. ELONRWA: Inspired by a sketch of Elon Musk, this project aims to bridge the gap between digital tokens and real-world assets, representing the innovative and often speculative nature of memecoin investments. Xremlin further emphasizes the importance of community and research in navigating the memecoin market: \u201cFor those interested in researching Base memes, I recommend joining the \/base channel on Warpcaster. Community insight is invaluable, and collective due diligence can help mitigate risks associated with memecoin investments.\u201d At press time, TOSHI traded at $0.000321653, up 210% in the last three weeks. Featured image from Shutterstock, chart from TradingView.com<\/p>\n","protected":false},"author":571,"featured_media":599034,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[87903,91906,1393,6664,14690,1557,85699,88164,91907,91826],"class_list":["post-599013","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-base","tag-base-memecoins","tag-coinbase","tag-crypto","tag-crypto-news","tag-cryptocurrencies","tag-memecoin","tag-memecoins","tag-solana-memecoins","tag-top-memecoins"],"acf":[],"yoast_head":"\n<title>Crypto Analyst Touts Base As Next Memecoin Hotspot: Top 8 Picks<\/title>\n<meta name=\"description\" content=\"Crypto analyst Xremlin (@0x_gremlin) has pinpointed Base as the burgeoning hub for memecoin enthusiasts and investors.\" \/>\n<meta name=\"robots\" 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Through his extensive work with wncen.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. 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