Base Chain Ecosystem Sees 3x Rise In TVL As This New Base Crypto Presale Raises $450,000
Ethereum layer-2 scaling blockchain Base, that was launched by Coinbase last year, is enjoying explosive growth in its ecosystem, is enjoying explosive growth this year amid a building meme coin craze, with a new Base crypto presale called Dogeverse recently surging past $450,000 in funds raised.
Since the start of 2024, the value of crypto locked in Base smart contracts has tripled to $1.775 billion.
That’s according to DeFi Llama trade value locked (TVL) data, which showed Base TVL at $518.53 million on 31 December.
That surge in TVL has come amid explosive growth in Base meme coins like Brett (BRETT) and Degen (DEGEN).
BRETT has amassed a market cap of close to $700 million, while DEGEN’s market cap is just under $500 million.
The rise in Base meme coins has resulted in an explosion of Base trading activity. Volume on Base was between $20-50 million per day in early 2024. Volumes have since exploded to the hundreds of millions of dollars per day.
Amid the stunning rise of the Base chain ecosystem, investors are diving into new Base crypto presales.
One meme coin presale that has huge promise is Dogeverse, having already raised over $450,000. That indicates that it could be the next meme coin to explode on the scene.
Dogeverse is causing a buzz on social media in the run-up to Doge Day on 20 April, which coincides with the Bitcoin halving.
That’s because Dogeverse isn’t just launching on Base. Indeed, its launching on the six most used blockchains excluding Bitcoin with multi-chain bridge capabilities.
Solana, Base, Avalanche… there are a host of chains out there vying to be the go-to destination for meme coin launches. Dogeverse plans to fit the bill by being all things to all chains.
Dogeverse is already live on Ethereum, BNB
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