Table of Contents
$mfer traders by investing in meme coins
Ecological Meme Coin has increased more than 8 times in the past 7 days
TVL has doubled and daily active users have tripled in several months
Home web3.0 Base chain TVL doubled and daily active users increased 3 times! Does Layer2 need Meme coins to speculate?

Base chain TVL doubled and daily active users increased 3 times! Does Layer2 need Meme coins to speculate?

Apr 03, 2024 am 09:04 AM
Blockchain Bitcoin Ethereum Virtual currency Stablecoin meme coin

Base链TVL翻倍 日活跃用户多3倍!Layer2一定要Meme币来炒?

The L2 Base meme craze is also spreading today because the newly released meme currency $mfer has a strong wealth-making effect. In less than a day, the transaction volume has exceeded 87.8 million US dollars, and Once again leading the Base chain to hit a record high in transaction volume and number of transactions today. L2 Base is a second-layer scaling solution based on Ethereum, designed to improve Ethereum's transaction throughput and reduce transaction costs. With the rise of the meme craze, many people have set their sights on L2 Base, hoping to get nearly a thousand times the profit of

$mfer traders by investing in meme coins

Lookonchain monitors the chain According to the data, after an address purchased 0.4 ETH (approximately US$1,400), it sold 14.5 million MFER for 286 ETH (approximately US$1 million), and currently retains 1.58 million MFER, with a valuation of US$396,000.

This means that the address achieved a profit of approximately US$1.4 million in less than 10 hours, achieving a return on investment of 995 times.

Ecological Meme Coin has increased more than 8 times in the past 7 days

About CoinGecko data shows that Base Ecological Meme Coin has increased by 832.1% in the past 7 days, ranking first among all categories, far exceeding the second place An increase of nearly eight times. A KOL proposed to open a Base local dog group today, which shows that its popularity and momentum in the market cannot be underestimated.

"Investors need to pay attention to the volatility of meme coins. High returns are often accompanied by high risks. Investors should fully consider market volatility and invest prudently when participating in such projects."

TVL has doubled and daily active users have tripled in several months

Due to the influence of the meme currency craze, the on-chain data of the Base ecosystem has achieved significant growth in the past month. Token Terminal data shows that the latest number of transactions on Base exceeded 2.3 million, setting a record high; active users on that day reached 383,000, the second highest level in history, a significant increase of more than three times compared to the past month.

Base链TVL翻倍 日活跃用户多3倍!Layer2一定要Meme币来炒?

##DeFiLlama data shows that the Base ecological DEX trading volume reached US$657 million, a record high; TVL exceeded US$1 billion, more than doubling in the past month.

The "stablecoin market value" data that measures ecological liquidity is also very eye-catching. In the past seven days, the market value of Base network stablecoins has increased by 55.64% to more than 1.1 billion US dollars. On the 27th, there was a net inflow of US$233 million in stablecoins, which also set a record high for single-day net inflows.

There seems to be a trend of "meme first and build" recently. For example, $Degen, the leading meme leader in the Base ecosystem, launched L3 on the 28th. Whether CoinBase’s L2 Base can make more constructions besides memes in the future deserves continued attention.

Base链TVL翻倍 日活跃用户多3倍!Layer2一定要Meme币来炒?

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