The crypto market’s preference for utility-based projects is often overshadowed by varying degrees of rhetoric. However, the true intent of investors becomes clear as the market returns to equilibrium.

The market leans toward this narrative as assets fight to find an equilibrium price in an indecisive market. Bitcoin lost more than 2% of its value today after several days of gains and consolidation. The price movement has resulted in several altcoins falling in price.

The most trending cryptocurrencies on Basechain

The base network has recently become a platform of interest, especially as memecoin teams and communities launch innovation projects on the chain. Today’s article explores the top trending cryptocurrencies on the base chain. It equally covers their price data and emerging capacity details.

1. Base CTO (CTO)

BaseCTO is a new memecoin project with a growing community of holders on the basechain. The new coin aims to become a binding force among degen investors who are eager to invest in memecoins. Additionally, BaseCTO’s team and community members are passionate about making the project one of the top-performing assets on the Base chain. a

Today’s data shows that the project has a trade volume of more than $250k, and a market cap of relatively less than $1 million. The database reinforces the CTO’s growth narrative.

Similarly, basescan reports show that CTO has completed more than 145k transactions since launch, data that adds to its growth narrative. Also, it reportedly has 29.76k holders as of the time of writing.

Additionally, the base CTO chart shows a bullish trend with momentum candles pushing upwards. This phenomenon accounts for its presence on trending currypots on the base chain today.

Despite the number of upsides posted by the CTO token, a handful of downsides will impact the token’s future performance. The first moment is the retracement that appears on his chart. This may indicate a period where investors need to hold off before making a decision. Another drawback is its low turnover despite its growing number of holders. This indicates a lack of investor participation.

This is in contrast to the substantial number of holders. Low trading volume may indicate that many addresses considered holders are dominant or hold no tokens. Also, it’s best to keep the CTO on the watch list until the community and team size and market cap imbalances are resolved.

2. Boomer (Boomer)

The Boomer On Base project is a meme token to help boomers and other crypto enthusiasts gain in-depth knowledge of the crypto market.

According to the project’s website, the vision is to onboard more than 10 million boomers. At the time of writing, DEXTools reports that the BOOMER token, the native cryptocurrency of the Boomer meme coin project, has more than 2 million holders. In this way, the team and the community live up to their vision.

Furthermore, the website emphasizes that the main focus of the project is to provide a community where holders can interact with each other. It also aims to provide in-depth educational resources to new and experienced crypto traders, investors, and everyday people who want to learn about the industry.

Data from DEXTools shows that the new project is making impressive progress. Today, BOOMER Token has a market cap value of $5.6 million. Today its market data shows a trading volume of around $100k.

Given the number of 2 million holders, it is hard to relate to the low trading volume. Another glaring flaw in BOOMER’s market data today is the correlation between its trading volume and trending status.

There is a lot going on in the world, between financial markets, carry trades with YEN, and the impact on consumers…

Today’s space is off-the-record and an opportunity to talk openly about what’s going on and how we shape the way forward.

Keep Boominhttps://t.co/T1Z156JfFF pic.twitter.com/co31jVjvKx

— $BOOMER (@BoomerOnBase) August 7, 2024

Being a trending token on the base chain today should give it the visibility it needs to gain traction. It should also affect the number of transactions recorded in the last 24 hours. The weakness in its trading volume indicates a decline in its investor appeal. This will be a gap that the team and community need to fix to unlock their potential.

Therefore, BOOMER’s chances of keeping its place as the top-ranking token on the basechain largely depends on how it overcomes its weaknesses and improves the token’s market appeal.

3. CHINESE BRETT (CHRETT)

BRETT is one of the best performing crypto tokens in this bull market, especially in the meme coin category. Early investors in BRETT saw over 16x returns on their capital, and it remains one of the trending meme coins to date.

CHINESE BRETT BRETT is a variation of narrative. However, the new project has an Asian twist to the story. Chinese BRETT aims on the one hand to allow investors to join the BRETT narrative and participate in a new wave.

Interestingly, progress is being made gradually on this project. Today, it is among the trending tokens on the base chain after posting an increase in trading volume that matches its value.

At the time of writing, CHRETT has a market cap of $200k and a circulating supply of approximately 752.51 million tokens. In contrast to growing trading volume and market cap, the Chinese BRETT posts a weak lock-in liquidity. DEXTools reports that the token has $63.61k of locked liquidity.

Generally, the price is smaller than what is required to get it on CEX platforms. It also puts long-term investors on red alert. This presents a future challenge for the project. Its focus on the Chinese narrative could give it the edge it needs in the market. However, the project team and community should improve their market data to attract more investors.

What could be the next top trending crypto?

gave DICE Token The famous casino brand is the brainchild of Mega Dice. The brand has offered casino services to thousands of satisfied customers worldwide over the years.

Now, crypto investors and traders can be a part of the brand’s success story as it brings expertise to the crypto space. Through the Dice token, Mega Dice seeks to offer a casino service to the crypto ecosystem.

In general, projects starting within the blockchain environment often face major barriers to market entry. Most of the challenges come from difficulties in customer acquisition and maintaining the growth of the company’s vision.

Thankfully, Mega Dice has a working model with its online casino service. Transferring success to a DICE project reduces friction in the early stages of its launch.

Refer and earn with it. $DICE! 🚀💰

Exciting news! You can still refer customers to the Mega Dice presale and earn a generous 10% commission on all referral purchases. Here’s a simple guide on how to get started:

1. See: https://t.co/E5WFsXQhfQ.
2. Connect: Connect your wallet.
3.… pic.twitter.com/oU7wlcuYGt

— Mega Dice Casino (@megadice) August 12, 2024

Additionally, the project aims to work in the Telegram environment, which suggests it is taking advantage of the social network’s existing user base. A more detailed analysis of the Mega Dice project reveals that it has several upsides and may have the edge it needs to succeed in the crypto casino sector.

Additionally, the Mega Dice Project released some interesting news. Investors now have the opportunity to refer and win up to 10% of all purchases.

Investors can buy. The dice Tokens prior to its launch, and Token Pre-Offering details are available on its official website. Likewise, investors and traders can get first-hand information about the project from its social media platforms, especially the official Twitter handle.

Check out the Mega Dice Presale.

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