Base Creator: Meme coins will be the key to bringing millions of users to the Base network

ChainCatcher news, according to Cointelegraph, Coinbase protocol head and Base creator Jesse Pollak stated on April 20 at a meme coin hackathon in New York that meme coins are an important part of the on-chain economy, and he is pleased to see more meme coin-based proliferation helping the world enter on-chain; the vitality on Base is strong, noting that these meme coins are now bringing thousands of people into this new economy.

Pollak stated that, aside from speculation, meme coin creators on Base have also cultivated countless new ways for people to join their communities, "this has created a Cambrian explosion of on-chain experiments, where people are trying various methods to explore how we can convey our culture to more people." He added, "We are increasingly convinced that in the coming years, we will see these meme coins attract millions of people to join Base------they will become one of the biggest driving forces as they continuously attract more and more people in creative ways."

After the Ethereum Dencun upgrade in mid-March, the trading volume of meme coins and Base surged, as the upgrade reduced fees on Layer 2 networks. According to data from DefiLlama, the total locked value on Base has nearly increased by 250% since early March, reaching an all-time high of $1.61 billion on April 21.