Topics Memes

13 Base Meme Coins to Watch in 2024

Beginner
Memes
Jul 8, 2024

It all started in 2013 when two early crypto enthusiasts, Jackson Palmer and Billy Markus, launched a new cryptocurrency, Dogecoin (DOGE), meant to provide nothing but a good dose of laughter and fun — and the category of meme coins was born. For years, the world's earliest (and still largest) meme coin was practically alone in its humor-driven category. In 2020, it was joined by Shiba Inu (SHIB) and then by a plethora of Solana-based, animal-themed meme coins in the past couple of years. As of mid-2024, we’re in the midst of a true meme coin frenzy, with Solana (SOL) emerging as the leading meme coin blockchain.

However, the first half of the year has also witnessed another pivotal development in the meme coin niche — the rise of the Base chain as a major contender to Solana. Supported by Coinbase, Base has quickly established itself as a leading Layer 2 platform for Ethereum (ETH). With its low transaction costs and relatively uncongested environment, the chain is quickly becoming the new darling of meme coin issuers. Some Base chain meme coin projects have already achieved respectable market cap figures for this niche. 

In this article, we’re covering 13 notable Base meme coins worth watching in 2024 — cryptocurrencies that are all vying to repeat the success stories of Dogecoin and Shiba Inu.

Key Takeaways:

  • Meme coins on the Base Layer 2 chain are quickly growing in importance and popularity in the blockchain world, with more than 80 registered as of early July 2024.

  • The leading Base meme coin, Brett (BRETT), has amassed a market cap of $1.2 billion, rising to the 7th position in overall meme coin rankings.

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What Are Base Meme Coins?

Base meme coins are an emerging popular category within the overall crypto meme coin ecosystem. The earliest among these coins were launched in August 2023, soon after the debut of the Base Layer 2 blockchain. However, the real explosion in the number of these coins came months later, around March–April 2024. 

As of early July 2024, we're several months into the Base meme coin frenzy. By now, there are over 80 Base meme coins, as registered by the popular crypto data portal CoinGecko. The majority of Base meme coins operate exclusively on the Layer 2 chain. However, several Base meme coins are multichain in nature, with a presence on other networks as well.

The vast majority of Base meme coins, just like their counterparts on other platforms, have no real-world utility. These coins are themed around diverse topics, often in a humorous way, and sometimes try to exploit the hype and controversy surrounding their themes. They also feature high levels of price volatility, with some coins potentially associated with scams. Thus, doing your own research (DYOR) before investing in these assets is always essential.

Top Base Meme Coins

With the Base network quickly rising in prominence in the meme coin world, the 13 coins we cover below are among the hottest assets in this niche. Indeed, one of these coins has already made it into the top 10 of all meme coins by market cap. As we cover these Base meme coins, we report their market prices, caps and other relevant statistics as of the day of writing (Jul 8, 2024). Of course, the meme coin market's highly volatile and dynamic nature means that these statistics are subject to (potentially significant) changes at any time past our review date.

Brett (BRETT)

Launched in February 2024, Brett (BRETT) is among the earlier Base meme coins. In fact, it quickly established itself as the network's de facto meme coin. The coin’s issuer describes BRETT as "PEPE's best friend on Base," referring to the massively popular Pepe meme coin.

BRETT is the largest Base meme coin by market cap, far ahead of its competitors. As of our review date, it has amassed a market cap of around $1.08 billion, with the closest contender, TOSHI, sitting on a market cap figure that’s 13 times lower. This makes BRETT the only Base meme coin with a membership in the coveted "billionaire club." The coin is also in the top 10 of all meme coins, currently in the 7th spot.

BRETT is a deflationary meme coin, with a maximum supply specified at 9,999,998,988. Nearly all of that amount, 9.91 billion, represents the token's total supply. The coin trades at $0.19 and is available on Bybit through both the Spotand Derivatives markets.

The leading Base meme coin project — Brett (BRETT).

Source: BasedBrett.com

Toshi (TOSHI)

Toshi (TOSHI) is a meme coin named after Coinbase CEO Brian Armstrong's cat, Toshi, and Bitcoin's mysterious founder, Satoshi Nakamoto. The second-highest capped Base meme coin behind BRETT, TOSHI boasts a market cap of $83.57 million and trades at around $0.0002.

While most popular Base meme coins were launched in 2024, TOSHI is a rare asset whose origins on the chain date back to mid-2023. Indeed, before BRETT's massive popularity rise, TOSHI held the unofficial de facto Base meme coin title.

TOSHI's maximum and total supply stand at 420,690,000,000. The coin can be bought on Bybit's Web3 Swap.

Degen (DEGEN)

Degen (DEGEN) is a cryptocurrency primarily used to reward quality content contributions on the Farcaster decentralized social media network. Thus, unlike most other coins in our review, DEGEN is a meme coin with a practical utility. The coin was launched in January 2024. Currently, it rounds off the top three list of the most capped Base meme coins, with a market cap of $73.32 million.

Similar to the majority of other leading Base meme coins, DEGEN is a supply-capped asset, with a maximum and total supply of close to 37 billion. The coin trades at $0.0057 and is offered on Bybit through all three main avenues for buying Base meme coins — Spot, Derivatives and Web3 Swap.

Basenji (BENJI)

Basenji (BENJI) is a meme coin themed after a dog of the Basenji breed. Basenjis are small, bark-less hunting dogs known since the times of the Egyptian pharaohs. Dog-themed meme coins have always been enormously popular in this niche of the crypto market, and BENJI hopes to repeat the success of these previous giants. Launched in March 2024, the Basenji meme project is proving quite popular. BENJI has climbed to the 4th spot by market cap among Base meme coins, currently holding a cap of $40.72 million.

The BENJI coin trades at $0.04 and can be purchased on Bybit through the Web3 Swap trading platform.

ChompCoin (CHOMP)

Dogs don't hold a monopoly in the world of animal-themed Base meme coins. ChompCoin (CHOMP) has a storyline and branding that revolve around a guinea pig. On the project's website, the coin's thematic character — an adventurous guinea pig — can be viewed dressed up for a golf session, as a company executive, chilling out in casual attire — and even posing as a bodybuilder.

Chomp the guinea pig posing as a bodybuilder.

Source: ChompCoin.xyz

The coin’s issuer, however, explicitly states on the website that CHOMP has no real-world value, and is made for laughs only. Despite its highly casual nature, the CHOMP coin has amassed $19.6 million in market cap.

CHOMP has relatively low supply levels compared to the majority of other Base chain meme coins; the coin's maximum supply is set at 100 million, with slightly fewer than 95 million its total supply. CHOMP currently trades at $0.208 and is available via Bybit's Web3 Swap.

Keyboard Cat (KEYCAT)

In 1984 — long before the arrival of Dogecoin and blockchain technology in general — a Washington resident, Charlie Schmidt, videotaped his cat trying to play a musical keyboard. The video was eventually uploaded to YouTube in 2007 and became a viral meme dubbed “Keyboard Cat.” The Keyboard Cat (KEYCAT) coin was inspired by this legendary meme.

With a market cap just shy of approximately $8.15 million, KEYCAT has a maximum and total supply of 10 billion and trades at $0.0009. The KEYCAT coin can be purchased on Bybit's Web3 Swap.

Berf (BERF)

Berf (BERF) is a meme coin themed around a sloth who describes himself as 36 years old, single and living in his mum's basement. By his own admission, Berf also likes peanut butter, beer, cigarettes — and Brian Armstrong, the CEO of the Coinbase exchange.

Compared to the meme coins covered above, BERF is a small-cap player, with a market cap of just $4.76 million. However, BERF is also a more recent arrival to the Base meme coin scene (it was launched in late May 2024), and might catch up with its larger rivals in time.

This meme coin devoted to the celebration of an (extremely) laid-back lifestyle currently trades at $0.0109, and has a maximum and total supply of 420 million. The BERF coin is another asset offered on Bybit's Web3 Swap.

Mochi (MOCHI)

Another cat-themed meme coin, Mochi (MOCHI) is described as "crypto's cutest cat." The coin is named after one of the two cats owned by Coinbase CEO Brian Armstrong (with the other cat, Toshi, also having a project named after it, as discussed earlier). One of Mochi's goals is to attract 1 billion users to Base — a noble, yet exceedingly challenging endeavor, we must admit.

The MOCHI coin has a generous maximum and total supply specification of 1 trillion units. It currently trades at $0.00001, with a market cap around $10.4 million. The coin can be bought on Bybit's Web3 Swap.

Base God (TYBG)

Base God (TYBG) is a meme coin project humorously themed around religion and spirituality. In addition to the TYBG meme coin, the project offers a collection of non-fungible tokens (NFTs), each depicting a curious-looking fellow described as a Base God. The NFTs are available through three popular marketplaces: OpenSea, Magic Eden, and Rarible.

The TYBG coin itself is a classic meme coin with no real-world utility. A distinct point of the project is that, according to Base God's online communications, the coin has no centralized team or token allocations, no efforts in the area of marketing and promotions, and no roadmap promises.

TYBG trades at $0.000076 and has a market cap of $9.42 million. The coin's maximum supply is 125 million, with nearly 123 million representing its total supply. If animal-themed meme coins are “so yesterday” to you, and you'd like to become part of a spirituality-driven meme project, you can buy the TYBG coin on Bybit's Web3 Swap.

Base God NFTs.

Source: OpenSea.io

MAGA MVP (MVP)

With the U.S. presidential elections slated for later this year, Republican candidate and former President Donald Trump's Make America Great Again (MAGA) slogan has found its way to the Base meme coin ecosystem. MAGA MVP (MVP) is a crypto project dedicated to supporting Donald Trump's presidential candidacy and his Vice President (VP) elect, whoever is chosen for that role later on.

MVP is a rare politically inspired meme coin launched in April 2024, and has a relatively scarce supply of just 47.5 million. Unlike the majority of other coins in our review, MVP isn't exclusive to Base. It's a multi-chain asset, with contracts on three more platforms in addition to the Base chain — Ethereum, Solana and BNB Chain (BNB). MVP currently trades at $0.23 and has a market cap of $10.47 million.

Landwolf (WOLF)

The crypto community loves meme coins inspired by acclaimed cartoonist Matt Furie's Boy's Club series. Just ask those who've rallied behind the wildly popular Pepe (PEPE) meme coin. Like Pepe, Landwolf (WOLF) is a meme coin project based on a character from Furie's ingenious artwork.

Unlike Pepe, Landwolf is currently a modest project, with a market cap of $2.74 million. However, the project's thematic branding revolving around the Boy's Club series could definitely act as a catalyst for its success in the future.

The WOLF coin sports an enormously abundant maximum and total supply of around 420 trillion. It currently trades at $0.000000006498 (around $6.50 per 1 billion WOLF).

Byte (BYTE)

The Byte (BYTE) meme coin project combines two enormously popular phenomena in its theme: one refers to the most discussed technological innovation of our times, artificial intelligence (AI), and the other refers to probably the most discussed individual in the business world, Elon Musk. Byte is Elon Musk's AI dog, or at least that's what the project documentation playfully alludes to.

Launched in late 2023, BYTE is a multichain coin with a presence on Base, Ethereum, Solana, BNB Chain and Arbitrum (ARB). With a total supply of just over 964 billion, the BYTE coin has a market cap of around $10.7 million and currently trades at $0.00001109. BYTE can be purchased on Bybit's Web3 Swap.

CoinYe West (COINYE)

So far, we've had coins themed around animals, politics and even spirituality. Celebrities and musicians, including fallen stars, aren't forgotten in the world of Base meme coins either. CoinYe West (COINYE) is a meme project dedicated to one of the most prominent and controversial rappers of the modern era, Ye (previously known as Kanye West).

This is the lowest-cap coin in our review, with a current market capitalization of around $1.3 million. However, COINYE's thematic association with a highly popular personality might catapult it to meme coin stardom at any time. As it often works in the world of meme coins, just watch out for Ye's next scandalous controversy and observe the effects on the coin's price. The challenge is, however, to predict the direction of the price flight.

At the moment, COINYE trades at $0.0014796. For all the fans of controversy and Ye's rapping talent, or investors who love small-cap meme coins linked to hype, the COINYE coin is available on Bybit's Web3 Swap.

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How to Buy Base Meme Coins

Bybit offers three distinct platforms for buying Base meme coins: Spot and Derivative markets and Web3 Swap.

To buy a coin available on the Spot market, log in to your Bybit account, go to the Spot section, select your trading pair in the upper-left corner of the interface, choose your order type (e.g., standard market order, limit order or conditional order) and confirm the order details.

If a coin is available on the Derivatives market, you can open a USDT Perpetuals contract on it from the Derivatives section of your account.

The majority of coins in this review are available through Bybit’s Web3 Swap platform, which lets you trade a variety of cryptocurrencies in a decentralized way using Bybit Wallet, our official Web3 wallet. Base is one of many blockchains whose coins are available through the Web3 Swap. To use this option, log in to your Bybit account and navigate to the Web3 portal. A pop-up window will appear to let you create your Bybit Wallet. 

Once you’re inside your Bybit Wallet, select the Swap option. You can then use drop-down menus to choose the network (Base), the cryptocurrency you want to sell and the coin you'd like to buy. Enter the amount you wish to purchase and ensure you have enough ETH to cover gas fees. Finally, click on Swap to place your order.

Closing Thoughts

Meme coins have received harsh criticism from many corners of the crypto industry. However, those on an anti-meme coin crusade often fail to acknowledge that these assets play two important roles within the crypto ecosystem. First, they can be a legitimate means of earning significant profits for investors who don't mind high-risk/high-reward trading styles. Secondly, they bring together a community of like-minded individuals who share a passion for (and/or humorous attachment to) some theme, individual or cause. In this way, meme coins aren't much different from NFT projects.

Base meme coins are now emerging as the newest star category within the overall meme coin sector. In terms of market caps, most of these coins are still behind their popular Ethereum- and Solana-based competitors. However, the category is moving confidently ahead, and we may soon see the Base chain challenging Solana for the right to be called the best meme coin platform on planet Earth.

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