Amid Coinbase-SEC Lawsuit, Base Chain Memecoins Experience a Surge

Quick Summary:

Base Chain memecoins are exploding with massive daily gains amid a federal court ruling on the case between the Securities and Exchange Commission and cryptocurrency exchange Coinbase.  On-chain data shows huge gains on the base memecoin ecosystem with some assets posting above 20% gains in the last 24 hours.

Some experts suggest that the reason behind the spike of Base tokens is due to the issue on Coinbase Wallet dropped by the court.

Base memecoins have flipped Solana memecoins regarding gains and the trending nature of assets.

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Article Details

Author / Journalist: David Pokima

Category: Crypto

Markets: India

Topics: COIN BASE Best meme coin 24/7 Cryptocurrency News Base

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-03-28 @ 22:19:58 (1 months ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 389 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 20544246

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About CoinGape

Main Topics: Crypto

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