GMGN data showed that Basecat, a Base meme coin, briefly pushed its market cap above $36 million before easing to about $33 million. The token was up more than 260% on the day. The move came after Basecat was added to Coinbase’s listing roadmap. Basecat was issued through o1 Launchpad and is described as a B20 standard meme coin. Its blue hard-hat cat image is seen as a symbol of Base’s builder culture. Odaily also warned that meme coin prices can swing sharply and investors should be mindful of risk.
GMGN data showed Basecat, a Base meme coin, briefly pushed its market cap above $36 million and was last seen at about $33 million. The token gained more than 260% intraday.
The move followed Basecat’s inclusion on Coinbase’s listing roadmap.
Basecat was issued through o1 Launchpad as a B20 standard meme coin. Its blue hard-hat cat branding is viewed as a symbol of Base ecosystem builder culture.
Odaily warned users that meme coin prices can be highly volatile and said investors should be aware of the risks.
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