The recent surge in memecoins within the cryptocurrency ecosystem, particularly on Base Network, underscores a broader trend in blockchain adoption: the power of memes. This unconventional approach to engaging users is proving to be a formidable force, with Jesse Pollak, lead contributor to Base Network, highlighting its significance during a memecoin hackathon in New York. […]
The post The Memecoin Momentum as Base Network’s Rise Post Ethereum London Upgrade appeared first on Coin Edition.
- Memes are reshaping DeFi, attracting users beyond finance.
- Ethereum’s fee reduction spurred memecoin growth on Base Network.
- Memecoins prioritize community and cultural engagement over mere financial gains.
The recent surge in memecoins within the cryptocurrency ecosystem, particularly on Base Network, underscores a broader trend in blockchain adoption: the power of memes. This unconventional approach to engaging users is proving to be a formidable force, with Jesse Pollak, lead contributor to Base Network, highlighting its significance during a memecoin hackathon in New York.
Memes are not just humorous internet content, they are becoming a driving force behind the growth of decentralized finance (DeFi), attracting millions of individuals to explore and participate in the on-chain economy.
read and mint the deck from my lightning talk on based memes today
i believe memes are an important part of the onchain economy and am excited to see more based memes proliferate to help bring the world onchain.https://t.co/hmrwNhjwF7
— Jesse Pollak (jesse.xyz)
(@jessepollak) April 20, 2024
The exponential rise of memecoins on Base Network can be attributed to sever…
The post The Memecoin Momentum as Base Network’s Rise Post Ethereum London Upgrade appeared first on Coin Edition.