I’m currently researching BaseChain, here’s what I found
I’m currently researching BaseChain, here’s what I found
I’m currently looking at the base chain. I mean after the solana craze I think the next chain to pick up is Base. Think it’s going to catch up with the solana. Memecoins is the rage with alot of the alpha spilling over to the base ecosystem.
TVL on base has exploded beyond anyone’s expectations. Projects are gearing up for more volume and that increases the flywheel effect on more tvl. Slipstream is already in effect, more users = more volume = more liquidity = more tvl.
I’ve started researching AERO. One thing that makes it exciting is the fact that there are no vesting tokens waiting to unlock, for team or VCs. There were no pre-sales or liquid token allocations, there will be no “exits”. All incentives are aligned for the long term. Volume is looking good on bitget and mcap is pretty low.
But it seems to form a rising wedge. What do you think?
I have noticed the popularity of Base Chain but I’m not sure if I’m ready to take the move. There are some tokens on Base Chain specially memecoins that have had relative success recently and the price trends seem to cycle between Solana and Base. But I don’t think I’m ready to jump into Base at the moment. It’s just another L2 on Ethereum. In past I tried moving in as many networks that provided popular tokens and defi to tap the early profit made but as I moved to multiple of them, the real profit was not as large as I expected. It’s hard to determine which meme would be a hit and when they get popular, they do get listed on cex. That’s the reason I haven’t moved to Base Chain yet.
I’m big on Base Chain. I think the Coinbase smart wallet will be the main way North America onboards normies. Being able to do everything within your wallet without interacting with applications like uniswap or bridges will change the game. These normies will finally have access to coins that are not yet on exchanges.