The cryptocurrency market has grown from a few pennies-worth market into a multi-trillion-dollar industry in less than two decades. This meteoric rise is fueled by various sectors, with one recent phenomenon that has made a significant contribution. Yep, we are talking about meme coins. These amusing and entertaining coins launched across various blockchains have become major players in the market. The Coinbase-backed Base network is no exception. Despite being launched less than a year ago, Base has already become a hub for the creation of hundreds of meme coins. This surge has driven the chain’s total value locked (TVL) to an impressive $1.6 billion and continues to rise. Although meme coins are a volatile asset, daring investors who adore high-risk opportunities find them irresistible and can't stop pouring their money into them. Well, let’s explore five of the quite promising Base chain meme coins investors can save money for and consider for investment  in 2024. Important Disclaimer: While the below-listed meme coins are selected based on trading activity and popularity, their listing does not constitute investment advice. Carefully evaluate your risk appetite and do your own research on the listed coins before making any investment decisions.

5 Best Base Chain Meme Coins to Watch in 2024

• $BRETT
• $DEGEN
• $TOSHI
• $NORMIE
• $BYTE

Brett ($BRETT)

Brett ($BRETT) is a meme coin project inspired by Brett, the best friend of Pepe the Frog in the “Boy’s Club” comics created by the American cartoonist Matt Furie. Brett is a light-hearted character who loves dancing and playing video games. His unique charm naturally appeals to a dedicated meme coin community. Launched on February 24th, $BRETT has experienced a meteoric rise, soaring over 7,900% in value to reach a trading price of $0.067 at the time of writing. $BRETT is the biggest Base chain meme coin now with its market cap, exceeding $581 million as of April 22nd. The popularity of this project is fueled by a huge fan base, with over 50.3K followers on X (formerly Twitter) and 12.4K + subscribers on Telegram. To keep itself on top of the game, $BRETT consistently enters strategic partnerships with leading crypto projects. It also leverages the resources and expertise of other projects built on Base to grow its ecosystem and thrive.

Degen ($DEGEN)

Degen ($DEGEN) is a community-driven Base chain meme coin launched in January 2024 by the project’s lead developer Jacek Trociński. It was initially deployed as a reward token for active users of the Degen channel on Farcaster, a social media platform fostering decentralization. After its airdrop on January 8th, $DEGEN skyrocketed by over 144,800%. At the time of writing, the token trades at $0.326 with a market cap of over $479 million. One of the factors that greatly contributed to Degen’s growth is its adoption as a utility token within other Farcaster platforms. Degen also boasts a dedicated layer-3 blockchain called the Degen chain that fuels its value. These utilities have earned the meme coin project a cult-like following on social platforms. It has over 71K followers on Farcaster and about 50K fans on X. These numbers demonstrate that the meme token has a large community base, making it an attractive meme coin for potential investors.

Toshi

Toshi ($TOSHI) is a meme coin named after Coinbase’s co-founder Brian Armstrong’s pet cat and the pseudonymous Bitcoin creator Satoshi Nakamoto. The cat-themed meme token launched in August 2023 with a mission to be more than a memecoin and onboard as many users as possible to tap into blockchain technology. In line with its mission, Toshi expanded its tentacles into other blockchain-based initiatives after its release. One is NFToshis, a collection of 3,000 NFTs launched in the same month on the Base chain. Serving as an embodiment of Toshi’s culture, spirit, and essence, the NFT collection was issued to TOSHI token holders. Toshi also has a community-led decentralized autonomous organization called MEOW DAO. It serves as a governance model where TOSHI and NFToshi holders exercise voting rights within the community. Additionally, the project teases a forthcoming toolbox that will include a multi-sender option, token launcher and locker, liquidity locker, and much more. These engagements with the Toshi community have pushed massive adoption of its meme token. This project is among the top 20 meme coins with a market cap of over $186 million, at the time of writing. Toshi also has over 41K followers on X and significant followings on other social apps like Telegram and Farcaster, making it the public’s favorite.

Normie

Normie ($NORMIE) is a meme coin that describes itself as “the people’s coin.” Launched in March 2024, it is designed to onboard the next one million normies into the Base chain. $NORMIE is entirely focused on its community and its motivation to grow the token together, mainly to push NORMIE’s value above a 1,000% gain. As an upside, the Base chain meme coin offers holders zero transaction taxes, illustrating its respect for the community in action. Several investors have resonated with the meme token’s narrative and publicly supported it. A follower base of above 18K+ followers on X and over 2,700 subscribers on Telegram makes $NORMIE a crypto love mark. The large followings have rubbed off on the meme coin’s on-chain performance. Public data shows that $NORMIE has a market cap of over $60 million, with a current price of $0.061.

Byte

Byte ($BYTE) is an AI dog-themed meme coin. Its origin is tied to a generative artificial intelligence chatbot called Grok. It was developed in November 2023 by xAI, an AI company founded by the tech billionaire Elon Musk. Since then, the AI chatbot gained popularity by integrating with the social app X. When asked the name it would give its dog, Grok mentioned Byte. The AI chatbot explained that it received the digital dog as a gift from its creator. It is often touted as Elon Musk’s AI dog. The Byte meme coin capitalized on this narrative to come to fruition. It taps into the popularity of AI, Elon Musk, and dog-themed meme coins. Users can interact with Byte through the text-based AI model. Byte was integrated with several blockchains, including the Base chain. It has a total supply of one trillion. Since December 2023, $BYTE’s price has been tracked by price tracking websites. According to on-chain data, the meme token holds a market cap of over $18 million. BYTE also boasts an impressive user base. On X alone, the meme coin project has over 14K followers. Despite being coined by Grok, the team behind the Byte token denied affiliation with Musk, X, or xAI. Conclusion This article discussed five leading $BASE chain meme coins. Attention was given to the background stories behind these projects, their current metrics, and their follower base. Since meme tokens are known to be highly speculative, traders are strongly advised to research anyone they want to buy. This would help them to make informed investment decisions.