Top 10 Basic Meme Coins, BONK Partners with TipLink

Last Updated: May 13, 2024 11:41am EDT | 4 minute read

Get your weekly digest of meme coin news.

This week read about:

• Meme Coin News: Market Highlights
• The base chain becomes home to the meme coins
• BRETT ranks first among base-based meme coins
• BONK enables email access, starts e-cards

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Meme Coin News: Market Highlights

The meme market capitalization increased by 1.8% in the last 24 hours. It currently stands at $52.2 billion.

Dogecoin (DOGE) it is in first place by market capitalization, with 20.76 billion.

In second place there is Shiba Inu (SHIB)having seen a market capitalization of $13.84 billion.

Pepe Coin (PEPE). the cap is significantly smaller, ranking third at $3.7 billion.

DOGE also maintains first place for 24-hour market volume, with $52.6 billion.

Dogwifhat (WIF) is in second place, recording $889 million.

This is a significant difference between the two top positions.

Source: cryptonews.com/coins/meme-coins/

Looking at prices over the last 24 hours, three of the top 10 meme coins by market cap are down today.

These are WIFE, COQAND MEMESeach declining between 0.5% and 2%.

SHIB is the best in this category, as its price increased by 4% to $0.00002.

BONE it follows, up 2.6% and trading at $0.57782.

The remaining coins are up 0.5% (BABYDOGE) and 2% (DOGE).

All prices of these coins have decreased over the last seven days.

WIFE sunk by 19%, DOGE decreased by 14.5%, FLOKI is down 12.8%, SHIB decreased by 8.1% and PEPPER fell 3%, among others.

The base chain becomes home to the meme coins

Basic has received more and more attention since its launch and may be on its way to surpassing it Solana. This would be very beneficial for the coins it hosts.

There are several reasons why this may occur. Coinbase’s Ethereum’s layer 2 blockchain expects significant ecosystem developments, but the on-chain metrics are also nothing to ignore.

Notable developments include Base Chain Smart Wallet and a smart contract called “Magic Spend.”

As for on-chain metrics, looking at Base’s 24-hour trading volume, we find it today at $125.47 million, second TO DeFiLlama.

Earlier this year, that number was just 21.63 million.

Furthermore, its total value locked (TVL) stands at $1.508 billion, approaching its all-time high of $1.65.

Again, at the start of the year, TVL was $437 million. That’s a massive 245% increase in four months.

Source: defilama.com

As for Solana, it has $4.02 billion in TVL, up from $1.4 billion at the start of the year. This is an increase of 187%.

Its current 24-hour volume is $598.93 million, up from $545.88 on January 1.

In addition to discussions about whether Base can potentially outperform Solana, there are also debates about which chain is faster.

BRETT ranks first among base-based meme coins

Speaking of Basic chain, this is a good opportunity to take a look at its top 10 meme coins.

THE Basic meme coins the market capitalization today is $877 million.

Brett (BRETT) is at the top by market capitalization with $289.4 million.

DEGEN is next with $235.1 million.

These two coins alone represent $524.5 million of the $877 million.

TOSHI it is the only other coin with a market capitalization of over $100 million.

Source: coingecko.com

In the last 24 hours, only three coins – NORMIE, HIGHERAND BRETT – I’m down. While the first two fell by around 10% each, the third fell by 4%.

As for green coins, WHO PROSPERS he is by far the best performer. It rose nearly 40% to $0.03265.

DOGINME sits in distant second place with a 12% increase to $0.0002355.

The rest are increasing between 0.5% and 5%.

However, the 7-day picture is entirely red.

HIGHER and NORMIE saw the largest declines, each exceeding 30%.

Meanwhile, DEGEN recorded the highest 24-hour volume of $26.6 million.

Mfercoin (MFER) is in second place with $9.3 million.

BONK enables email access, starts e-cards

Meme coin BONK announced several developments this week.

The project teams revealed on Wednesday that they had collaborated with TipLinka lightweight wallet designed to make transferring digital assets as easy as sending a link.

BONK said its users can now only use email access Press BONK and freeze their coins.

They are currently finished 3.28 trillion BONKs blocked There.

For In the TipLink documentation, a crypto user can create a TipLink and send that link to anyone on any platform, be it text, Discord, email, or something else.

“The surprising thing is that the link is the wallet,” he said.

TopLinks can contain SOL tokens, SPL tokens (tokens that operate on the Solana blockchain), non-fungible tokens (NFTs), and semi-fungible tokens (SFTs).

Thus, TipLink offers decentralization and self-custody without initial phrases, key management, apps and browser extensions, the project says.

Then, on Saturday, BONK announced its launch BONKmark e-cards before Mother’s Day.

By partnering with TipLink, it allows users to send BONK anywhere just via email and “get moms everywhere to use their BONK.”

BONK said it will show recipients how to send the BONK to a CEX, exchange it for fiat, or deposit it to BONKrewards.

The ecards include different designs for Mother’s Day, celebrations and milestones.

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