Coinbase’s Ethereum layer-2 scaling blockchain Base has experienced explosive growth in its ecosystem this year, with a significant increase in the value locked (TVL) in Base smart contracts. The TVL has tripled to $1.775 billion since the start of 2024, up from $518.53 million on December 31. The surge in TVL can be attributed to the popularity of Base meme coins such as BRETT and DEGEN, which have market caps of nearly $700 million and just under $500 million, respectively. The rise in Base meme coins has led to a significant increase in trading activity on the Base chain, with daily volumes now reaching hundreds of millions of dollars.
With the growing interest in the Base chain ecosystem, investors are now participating in new Base crypto presales. One such presale that is generating excitement is Dogeverse, which has raised over $450,000 and is expected to be the next meme coin to make a significant impact in the market. Dogeverse is set to launch on six of the most popular blockchains, excluding Bitcoin, with multi-chain bridge capabilities. The project is live on Ethereum, BNB Smart Chain, and Polygon, with plans to launch on Solana, Base, and Avalanche. This multi-chain utility is a unique feature that sets Dogeverse apart from other meme coins, as it aims to expand the reach and interconnectedness of the Doge universe.
Dogeverse’s approach to launching on multiple chains is unprecedented in the meme coin space, as it offers a level of connectivity and accessibility that is not currently available in other projects. By being present on multiple chains and offering multi-bridge capabilities, Dogeverse is positioning itself as a go-to destination for meme coin launches. The project’s ambitious plans and innovative approach have captured the attention of investors and enthusiasts, leading to increased buzz and anticipation ahead of its launch.
As Dogeverse prepares for its official launch, the project continues to build hype on social media platforms and engage with its community of supporters. By actively sharing updates and engaging with followers on platforms like Twitter and Telegram, Dogeverse is creating a buzz around its upcoming launch and generating excitement among potential investors. The project’s ability to leverage social media and community engagement to create awareness and interest is a key factor in its success and growth within the competitive meme coin market.
It is important to note that investing in crypto, especially meme coins, carries inherent risks due to their volatile nature and speculative market. Therefore, individuals should exercise caution and conduct thorough research before investing in any cryptocurrency project. This article serves as informational content and does not constitute investment advice. Readers should be aware of the potential risks involved in investing in high-risk asset classes like crypto and be prepared for the possibility of losing all invested capital.
