The meme coin frenzy that drove up activity – and failed transactions – on Solana appears to have quickly migrated to Base, Coinbase's six-month-old layer-2 blockchain. Who is...
The trend was fueled by the success of Book of Meme (BOME), which turned a few hundred dollars into hundreds of thousands in paper gains for early investors.
Meme tokens are seen as a way to bet on the growth of a blockchain, as they are considered more retail-friendly and easier to understand for new investors.