I’m currently researching BaseChain, here’s what I found

Andrija Branislav

member

Activity: 286

Merit: 25

CRYPTO WEB3 NEOBANK

Quote from: aima55 on March 26, 2024, 09:49:36 AM

I’ve started researching AERO. One thing that makes it exciting is the fact that there are no vesting tokens waiting to unlock, for team or VCs. There were no pre-sales or liquid token allocations, there will be no "exits". All incentives are aligned for the long term. Volume is looking good on bitget and mcap is pretty low.
But it seems to form a rising wedge. What do you think?

As for future potential, I don't really follow it, it's just that my monitoring is on bitget. The current price, if you want to buy, is quite good and now it's around $1.1269 and has started to show a price reversal after dropping drastically some time ago to the level of $0.830.

FinneysTrueVision

sr. member

Activity: 1680

Merit: 379

Top Crypto Casino

I will always remain skeptical of Coinbase. They obviously have a very large budget that they can invest into creating and marketing a successful layer 2 blockchain. It’s disappointing that they owe so much of their success to Bitcoin, but have never showed much interest in contributing any value to the Bitcoin ecosystem.

Velodrome Finance, which is what AERO based their project on, is considered one of the most successful ve(3,3) decentralized exchanges. There are many projects that have taken inspiration from them. In the case of Aerodrome Finance they have already surpassed Velodrome in TVL and token market cap. I feel like VELO might be undervalued and could have more upside, but Base has attracted so much attention that will surely continue to drive up demand for AERO, so this token is a safer bet.

If AERO is the token you prefer, I would try to earn it mostly from incentivized pools, rather than buying it directly. The APRs are still really high that you will be able to accumulate a decent amount of token rewards in a short amount of time.

Bureau

sr. member

Activity: 490

Merit: 279

The transaction fee for base chain is very low which is the biggest advantage. The problem with Solana chain is network congestion which is not an issue with base chain. It's ecosystem is slowing becoming big and the meme coin market capitalisation has increased largely due to these factors.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: tsaroz on May 20, 2024, 08:26:45 PM

I have noticed the popularity of Base Chain but I'm not sure if I'm ready to take the move.

It does seem promising so if we are doubting now we might lose the right timing to get in. The best time to invest in projects such as this is when before a lot has realized its potential because once it is discovered and the price increases, I don’t think the profit margin will be that significant.

But if this seems to be the next solana then we might be looking at something great in the future.

asriloni

legendary

Activity: 3038

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

Quote from: aima55 on March 26, 2024, 09:49:36 AM

I’m currently looking at the base chain. I mean after the solana craze I think the next chain to pick up is Base. Think it’s going to catch up with the solana. Memecoins is the rage with alot of the alpha spilling over to the base ecosystem.
TVL on base has exploded beyond anyone's expectations. Projects are gearing up for more volume and that increases the flywheel effect on more tvl. Slipstream is already in effect, more users = more volume = more liquidity = more tvl.

So true.I can also name one of token in base ecosystem, which has exploded. It's called bento. I was also getting very nice profit from this meme token too. Base ecosystem is getting hyped. It's pretty similar to the solana ecosystem.
There may be more hype to come soon. People are actively using it caused by they did believe coinbase will be releasing the base token but im skeptical since coinbase has its base shares which has been listed on the stock market.

Quote from: aima55 on March 26, 2024, 09:49:36 AM

I’ve started researching AERO. One thing that makes it exciting is the fact that there are no vesting tokens waiting to unlock, for team or VCs. There were no pre-sales or liquid token allocations, there will be no "exits". All incentives are aligned for the long term. Volume is looking good on bitget and mcap is pretty low.
But it seems to form a rising wedge. What do you think?

I never expect that aero has been growing so crazily after it gains the momenthm on the base ecosystem. This token was so useless before it joined in the base ecosystem. The price of AERO has been flying so high from cents to the dollar.
I regret it by not buying it when it's starting being used by the base users.

tsaroz

legendary

Activity: 3094

Merit: 1069

DGbet.fun - Crypto Sportsbook

I have noticed the popularity of Base Chain but I'm not sure if I'm ready to take the move. There are some tokens on Base Chain specially memecoins that have had relative success recently and the price trends seem to cycle between Solana and Base. But I don't think I'm ready to jump into Base at the moment. It's just another L2 on Ethereum. In past I tried moving in as many networks that provided popular tokens and defi to tap the early profit made but as I moved to multiple of them, the real profit was not as large as I expected. It's hard to determine which meme would be a hit and when they get popular, they do get listed on cex. That's the reason I haven't moved to Base Chain yet.

BaseCryptoAnon

newbie

Activity: 1

Merit: 0

I'm big on Base Chain. I think the Coinbase smart wallet will be the main way North America onboards normies. Being able to do everything within your wallet without interacting with applications like uniswap or bridges will change the game. These normies will finally have access to coins that are not yet on exchanges.

aima55

member

Activity: 78

Merit: 1

I’m currently looking at the base chain. I mean after the solana craze I think the next chain to pick up is Base. Think it’s going to catch up with the solana. Memecoins is the rage with alot of the alpha spilling over to the base ecosystem.
TVL on base has exploded beyond anyone's expectations. Projects are gearing up for more volume and that increases the flywheel effect on more tvl. Slipstream is already in effect, more users = more volume = more liquidity = more tvl.

I’ve started researching AERO. One thing that makes it exciting is the fact that there are no vesting tokens waiting to unlock, for team or VCs. There were no pre-sales or liquid token allocations, there will be no "exits". All incentives are aligned for the long term. Volume is looking good on bitget and mcap is pretty low.
But it seems to form a rising wedge. What do you think?

Topic: I’m currently researching BaseChain, here’s what I found (Read 45 times)