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BabyElon ($BElon)

General Characteristics

BabyElon ($BElon) is a meme coin project built on the Base chain. Launched in June 2024, the project themes itself around the business tycoon and meme coin proponent, Elon Musk. $BElon portrays a baby version of the businessman, wearing a spacesuit, hinting that $BElon aims to reach for the sky and soar in value. As a meme project on the layer-2 Base network, $BElon offers fast and cheap transactions for users, giving the coin a hedge over contemporary tokens in various blockchains. $BElon’s mission is to onboard meme lovers and crypto experts into the meme verse, combining an entertainment experience with blockchain technology.

Roadmap

$BElon does not have an outlined roadmap to guide its community of Musk fans. It simply serves as a meme coin, powering the entire BabyElon ecosystem. The project’s founding team may eventually add a detailed roadmap to lead the Base meme token to its goal of attaining a 10,000% price gain.

Functionality and Utility

At the time of writing, $BElon’s sole utility is to empower the BabyElon community and spread memes and vibes among community members.

Market Performance and Dynamics

$BElon has a total supply of 100 million tokens, all of which are in circulation. Despite being relatively new to the meme coin market, this Base chain token has already achieved a market capitalization of $477.27K as of the time of writing. Additionally, the crypto asset maintained a liquidity of $13.32K as of June 24th. This meme coin is now being traded at $0.004772, showing a 267% growth for the last 24 hours with $3.78 million of daily trading volume.

Community

$BElon’s rapid growth is driven by a community of meme lovers across social platforms like X and Telegram. Blockchain data confirms that the meme token is held by 1.06K holders at the time of writing, signaling massive attention from investors and a growing community.

Pro

Official links

CA: 0xBcbA725eb4D21949206668900B168015DFEDD8C2 Website Twitter Telegram

Where to buy

Uniswap This is a (daily) in-depth analysis by Memecoin Season about the most promising and/or successful meme coin projects within the dynamic blockchain space. We first share this report with our invite-only community of investors and enthusiasts to study and potentially consider for their investment strategies. Then, the next day, we publish it for the general public. While we thoroughly pick and analyze strong contenders in the meme coin space, remember that we do not give here any investment advice. Always consider your own goals and analyze the risks inherent to meme coins before investing.
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