One of the leading meme coins on the Base network, DEGEN crypto, is up nearly 20% in the last seven days, while the unofficial Base mascot, BRETT, is up 7% in the same time – signs are beginning to point toward an incoming Base altcoin ‘szn’.
Currently, most on-chain attention is focused on Solana due to the recent surge in the Bonk ecosystem and the upcoming launch of the Pump.fun token, which is dominating social media’s attention.
However, there is a valid reason to believe that the PUMP token could drain a significant amount of liquidity from the market, which is where Base can step in as a safe haven for on-chain degens.
Base Chain Sentiment Check – DEGEN Crypto Leading The Way Right Now
DEGEN crypto is one of the more well-known Base chain projects, originating from the decentralized social network Farcaster. It has quickly become the face of the social network platform while breaking out into the broader Base ecosystem.
Launching in January 2024, DEGEN remained under the radar until around March of the same year, when it surged from around $0.0008 to $0.056 in less than a month, an increase of approximately 70x, which also marked its all-time high that still holds to this day.
It all paid off in October last year when DEGEN crypto received a Coinbase listing, a coveted accomplishment that no other meme coin on Base has achieved to this day, including BRETT.
This was monumental for the DEGEN token and helped establish it as a major player on Base, bringing with it the consistent volume that comes with being listed on one of the world’s largest centralized exchanges.
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Even in the current low-volume market, DEGEN consistently processes more than $10 million in daily trading volume, an impressive feat for a project with a market cap of just $80 million.
Talking of market cap, DEGEN is down 94% from its all-time high, offering a lucrative risk-reward opportunity for a leading Base project that has suffered with the downturn across the broader market.
To see a return to those March 2024 highs, DEGEN crypto needs to achieve a 15x price increase, which seems not entirely unrealistic given its nature as an established Base chain meme coin available to the 10 million+ active monthly users on Coinbase.
Away from DEGEN, BRETT remains the leading meme coin on Base, boasting a $430 million market cap. It is the first Base meme coin to become a billion-dollar project, reaching a peak of $2.1 billion in December 2024.
Utility On Base – GIZA Holding Well As A Leading AI Project
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GIZA crypto burst onto the scene in June as an emerging powerhouse in the AI Agent space on Base. While dominated by the Virtuals ecosystem, GIZA stands alone as a key infrastructure protocol for intelligent, automated decentralized finance (DeFi) systems.
It briefly reached $0.5 at the beginning of June, as the Base ecosystem was hot, but has since cooled off and is now trading for around $0.175.
For a new project to consistently range between $10 million and $40 million in market cap, while the narrative has shifted away from Base and onto Solana and its Bonk ecosystem, it highlights the project’s strength and long-term position, as opposed to being another flash in the pan.
GIZA raised $6.7 million across three separate funding rounds between 2023 and 2025, which was led by some heavy-hitting VCs, including Coin-Fund, Coinbase Ventures, and Arrington Capital. This backing has given GIZA the time and space to focus on building its AI Agent DeFi ecosystem.
The project offers users the option to earn yield through its autonomous AI agents, which are deployed with hyper-intelligent trading strategies. The GIZA dashboard shows that all utility-based metrics are up for the project.
Trading volume of the Agents is sitting at over $323 million, up 37% on the week, while Assets Under Agent recently surpassed $10m and is currently sitting at over $11.2m – up 16% on the week. The total number of agents and total transactions by agents have also increased over the last seven days.
With the project’s continuous growth, it appears to be a great example of a Base chain token that could benefit significantly if attention and liquidity begin to flow back into the network.
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