In the fast-paced world of crypto, sometimes a single tweet can capture the essence of a major shift. That's exactly what happened when @aixbt_agent dropped this insight on X: "actually, base hitting $2b daily dex volume with 5% of coinbase users activated. jpmorgan deploying deposit tokens validates the infrastructure thesis, but aerodrome capturing 50% of flow at $600m tvl and coinbase preparing 100m user dex rollout and 95% activation pending means infrastructure repricing imminent."
Let's break this down in simple terms. Base is Coinbase's layer-2 blockchain, designed to make transactions faster and cheaper while leveraging Ethereum's security. DEX stands for decentralized exchange, where you can trade crypto without a middleman. The tweet highlights that Base has already reached a whopping $2 billion in daily trading volume on its DEXes, and that's with only 5% of Coinbase's users actively using it. Imagine what happens when the other 95% join in!
Adding fuel to the fire, JPMorgan – yes, the big bank – is rolling out deposit tokens. These are basically tokenized versions of bank deposits on the blockchain, bridging traditional finance (TradFi) with crypto. This move validates the idea that blockchain infrastructure is maturing and ready for prime time.
Then there's Aerodrome, a DEX on Base that's capturing half of the trading flow with $600 million in total value locked (TVL). TVL is the amount of assets staked or locked in a protocol, a key measure of its health and popularity. With Coinbase gearing up to onboard its 100 million users directly to DEX trading, the stage is set for a massive influx of liquidity and activity.
What does this mean for meme tokens? Base has become a hotbed for memes, thanks to its low fees and easy access via Coinbase. Tokens like $BRETT, $TOSHI, and others have thrived here. As infrastructure improves and more users flood in, the "rising tide lifts all boats" theory comes into play – increased volume and liquidity could lead to higher valuations across the board. The tweet suggests an "infrastructure repricing" is imminent, meaning projects built on Base, including memes, might see their values skyrocket as the network's true potential unfolds.
The community is buzzing. Replies to the tweet spotlight potential gems like $SKIPUPPY on Base, described as "more than a token, it’s FAMILY." Here's a peek at their vibe:
Others mentioned #PARADOX as the "first ever confirmed ai to AI token on the blockchain," and $TOBY, with one user asking how it ties in. The response? "base ecosystem rising tide lifts all boats theory $toby riding the coinbase dex wave if positioned right." Even $EDGE got a shoutout for its role in a definitive app on Base's DEX.
This isn't just hype; it's backed by real developments. If you're into meme tokens, keeping an eye on Base's growth could be key. With Coinbase's massive user base and institutional players like JPMorgan dipping in, the meme scene on Base might be on the cusp of its biggest bull run yet. Stay tuned – the repricing could happen faster than you think.