Base, the Ethereum layer-2 network built with the Optimism framework and backed by Coinbase, has quickly become one of the most active environments for meme coin experimentation. According to the source material, by mid-2024 the network had reached a total value locked of about $2.45 billion, supported more than 65 million addresses, offered average gas fees near $0.10, and delivered throughput of up to 31 transactions per second. Those characteristics have made it especially attractive for meme-oriented tokens, which depend on low-cost trading, social virality, and highly engaged communities.
Why Base Has Become a Meme Coin Hub
Unlike traditional crypto assets that often emphasize protocol utility, infrastructure, or financial primitives, meme coins tend to thrive on internet culture, recognizable branding, and collective participation. Base offers a setting where that formula can scale efficiently. Lower transaction costs reduce friction for retail users, while the network’s rapid expansion provides a larger addressable community for token launches, speculative trading, and ecosystem cross-pollination.
The result is a growing list of Base-native or Base-centered meme tokens that have attracted attention through exchange listings, NFT integrations, governance experiments, and rapid market-cap expansion. The source article highlights 10 names that stand out in the ecosystem and reflect the different ways meme coins are trying to build staying power beyond simple hype cycles.
Brett: A Cultural Mascot for Base
Brett launched on February 29, 2024 and is tied to the meme culture associated with Matt Furie, the creator behind the widely known Pepe character. Its total supply is capped at 10 billion tokens, with 10% reserved for the treasury, 85% allocated to liquidity pools, and 5% assigned to centralized exchange wallets.
In the source material, Brett is positioned not just as a token but as a cultural icon and mascot for the Base ecosystem. Its popularity was supported by a sharp price move, respectable market capitalization, and listings on major trading venues including Bitget, KuCoin, and Binance Futures. That combination of branding and market access helped it become one of the most recognizable meme assets on Base.
DEGEN: From Community Reward to Gas Token
DEGEN began as a meme coin distributed to active participants in Farcaster’s Degen channel, but it later evolved into the native token of Degen Chain, a layer-3 blockchain built on top of Base. That shift gave DEGEN a clearer functional role inside its own ecosystem, where it is used to pay gas fees.
The article notes that the token posted nearly $100 million in transaction volume within 24 hours after launch. Its tokenomics are heavily community-oriented, with 70% of supply set aside for future airdrops. The project’s appeal comes from a mix of low-cost usage, active social participation, and direct utility inside the Degen Chain environment. Among Base meme coins, DEGEN stands out for extending beyond meme identity into infrastructure-linked usage.
TOSHI: Meme Branding With NFT and DAO Elements
TOSHI draws its name from Coinbase CEO Brian Armstrong’s pet cat while also nodding to Satoshi Nakamoto. The source says the token has 420 billion tokens in circulation and a market capitalization of roughly $58.65 million. It also records multi-million-dollar 24-hour trading volumes, indicating meaningful liquidity and sustained activity.
One of TOSHI’s differentiators is its integration with NFTOSHIS, a collection of 3,000 unique NFTs. The project also offers developer tools such as token lockers, liquidity lockers, and multi-sender utilities, all designed to improve transparency and security in token management. In governance, the launch of MEOW DAO gives holders a route to participate in decision-making, adding another layer of community involvement beyond pure speculation.
BENJI and MIGGLES: Animal-Themed Tokens With Early Momentum
BENJI, also known as Basenji, takes inspiration from the Basenji dog breed. It has a maximum supply of 1 billion tokens, with around 922 million currently circulating. According to the source, BENJI reached a market cap of $30 million within 24 hours of launch and climbed to $57 million in its first week. Its current market capitalization is described at around $27 million, with about $1.37 million in 24-hour trading volume.
MIGGLES, meanwhile, is linked to a viral Himalayan cat video and is marketed as the “Coinbase Cat Mascot.” The token’s circulating supply is approximately 960 million, while market capitalization is listed near $23.58 million. A notable point from the article is that the MIGGLES community acquired the Miggles 10k NFT collection, which is described as a significant community-takeover milestone. It also trades on venues including LBank and decentralized exchanges such as Aerodrome, helping support visibility and liquidity.
MFER and KEYCAT: Internet Identity as Market Narrative
MFER is built around familiar internet slang and targets a younger, digitally native audience. Its total supply is capped at 1 billion coins. The article emphasizes increasing market interest and rising trading activity, helped in part by a listing on Gate.io. MFER also incorporates social and gamified features, allowing users to earn rewards through community participation and content creation. That social layer gives the token a more interactive profile than many meme assets.
KEYCAT celebrates the legacy of the classic Keyboard Cat meme. It has a total supply of 10 billion coins, all of which are already in circulation. The source reports frequent 24-hour trading volume above $1 million and places its market capitalization at more than $54 million. Its steady price appreciation, as described in the source material, has allowed it to outperform many peers and remain relevant in a crowded meme market.
CHOMP, NORMIE, and BAMBOO: Smaller Caps, Distinct Stories
CHOMP is based on a meme featuring a cute orange fuzzball character and a playful “lettuce cook” reference. It has a total supply of 100 million tokens, with roughly 93.7 million in circulation. The source places its market capitalization at around $13.23 million and notes its presence on decentralized venues, especially through the CHOMP/WETH pair on Aerodrome SlipStream.
NORMIE presents perhaps the clearest reminder of meme coin risk. It runs as an ERC-20 token on Base with a total supply capped at 1 billion tokens and approximately 974.57 million in circulation. The token suffered a smart contract vulnerability that caused its market capitalization to collapse from $41 million to just $2 million, before recovering to around $19.22 million. Even after that setback, trading and community activity continued, particularly on decentralized platforms such as Sushiswap V2 and Uniswap V3.
BAMBOO reflects panda-associated meme imagery and keeps its tokenomics relatively simple. With a supply cap of 1 billion tokens, its fully diluted valuation is listed at approximately $10.08 million. The source records about $128,445 in 24-hour trading volume, with most activity concentrated on Uniswap V3 (Base), particularly in the BAMBOO/USDC pair.
What These Tokens Reveal About Base
Taken together, these projects show that Base has become more than just another low-cost execution layer. It is increasingly a distribution surface for internet-native crypto assets. Some projects remain almost entirely driven by symbolism and community enthusiasm, while others are experimenting with NFTs, DAO structures, token tooling, and even gas-fee utility. In that sense, Base meme coins represent a spectrum, not a single category.
Still, the common denominator remains social energy. The source material makes clear that Base meme coins derive much of their value from community support, online visibility, and cultural relevance rather than intrinsic utility. That can create powerful momentum, but it also means sentiment shifts can hit valuations quickly and severely.
High Engagement, High Risk
The article concludes with a caution familiar to anyone watching the meme coin sector: these assets can be entertaining and highly engaging, but they are also volatile and often limited in real-world utility. For investors and traders, that means Base meme coins may offer exposure to one of crypto’s most active speculative arenas, but they also demand careful attention to liquidity, smart contract risk, market structure, and community durability.
As Base continues to expand, the meme coin segment will likely remain one of the clearest signals of the network’s retail momentum. Whether that momentum translates into long-term staying power will depend on which tokens can convert cultural relevance into ecosystem depth, and which remain purely products of a fast-moving hype cycle.