
The Base blockchain has recently launched multiple memecoins, a move that has drawn considerable attention and criticism within the cryptocurrency community. Initially, Base introduced a memecoin that performed well and appeared to reward early participants. However, the subsequent launch of a second coin shortly after disrupted the market, negatively impacting users who were bridging assets to Base. This rapid succession of coin launches has led to concerns about Base losing its credibility and moral standing, with some comparing its trajectory to that of Solana and the Pumpfun ecosystem, known for quick sell-offs and speculative trading. Observers note that while Base's memecoins are gaining traction and outperforming similar tokens on Solana, this shift is causing unease among Solana supporters, as memecoins constitute over 90% of Solana's economic activity. Despite the criticism, Base's memecoin market share is increasing, highlighting a potential shift in the memecoin landscape, although some community members express frustration and skepticism about Base's strategy and market behavior.



What the fuck is going on with Base.. I wish base had a coin so I could short it https://t.co/2qtXzLx9Gx
Base could absolutely win Memecoin marketshare from Pumpfun if they were more in tune with the market and open minded Solana and Pumpfun have made a fortune willfully ignoring the fact that nobody is "collecting" coins and everyone is trying to turn a profit, it's not just
Read the comments and tell me the Solana community isn't terrified of losing memecoin mindshare to Base Remember, Memecoins make up over 90% of all economic activity on Solana, and the current market sentiment is sell or be sold on No Memecoin on Solana has maintained $1B MC https://t.co/FPsc00MPTr