BRO Token on Base Chain: A Deep Dive into Neurobro and its Ecosystem

Hey there, fellow meme enthusiasts! Let’s dive into the world of the BRO token on the Base chain. This isn’t just your average meme token; it’s got some interesting quirks, so let’s break it all down.

What is the BRO Token?

The BRO token, with the contract address 0xc796e499cc8f599a2a8280825d8bda92f7a895e0, lives on the Base blockchain. Base, by the way, is a Layer-2 scaling solution built by Coinbase on top of the Ethereum network. Think of it as a highway that makes transactions faster and cheaper.

The project behind BRO is actually branded as Neurobro, aiming to provide AI-driven market analysis, sharing profits with its community, which promotes fairness and transparency. While the token symbol is “BRO,” the project itself is known as Neurobro, so you’ll see both names floating around.

Trading BRO

Decentralized Exchanges (DEXs)

You’ll find BRO tokens mainly on decentralized exchanges (DEXs). The hot spots are Uniswap V2 (Base) and Uniswap V3 (Base). The main trading pair you’ll see is BRO/VIRTUAL.

Trading Volume

Recently, BRO has seen an increase in trading volume, with a 24-hour volume around $370,821.

Price

The price of BRO is a bit different depending on where you look. On Uniswap V2 (Base), it’s around $0.01442 USD, while on Uniswap V3 (Base), it’s closer to $0.008125 USD. Remember, these prices can jump around quite a bit.

Liquidity

Currently, BRO has around $11.6K in liquidity. Liquidity is how easily you can buy and sell tokens without causing huge price swings.

Contract Security: What to Know

The BRO token’s contract has some interesting security features:

• Verified Source Code: The contract is open source and has been verified.
• No Proxy: This means the owner can’t just change the token’s rules on a whim.
• No Mint Function: No surprise token creation, which keeps the supply fixed.
• No Balance Manipulation: The owner can’t change anyone’s token balance.
• No Self-Destruct: The contract can’t be suddenly wiped out.

However, Certik has noted a few things: it’s likely a proxy contract and that ownership has not been renounced. They also noted a buy and sell tax of 1.00%. Keep an eye on these things, folks.

Tokenomics: The Nitty-Gritty

• Total Supply: There are about 993.02 million BRO tokens, which is also the circulating supply.
• Market Cap: The market cap is around $13.76 million.
• Decimals: The token has 18 decimals for those super precise transactions.

Other Stuff You Should Know

• All-Time High: BRO hit its all-time high price of $0.0338 on January 8, 2025.
• Listing Date: BRO was listed on January 7, 2025, so it’s still pretty fresh.
• Other Chains: Watch out for tokens with the same name, as there are others on chains like Arbitrum.

BRO as a Memecoin

BRO is also considered a memecoin, meaning it’s not just about utility or governance; it’s about community and fun. Often centered around memes or cultural trends, memecoins like BRO can have a vibrant community.

Community Engagement

The BRO community is active on social media platforms like X. Enthusiasts are passionate about promoting the token, highlighting its cultural relevance, and even discussing future developments like bridging to other blockchains. Some see BRO as more than just a memecoin, calling it a movement.

Utility

While it’s primarily a memecoin, there’s talk of earning “BRT points” through community activities, hinting at some level of gamification or rewards.

Future Plans

There are plans for bridging BRO to other chains like Solana, as well as new features like a “Terminal” for better user interaction. They are also working on adding liquidity, which will be essential for trading and price stability.

Risks and Considerations

• Volatility: Memecoins are famous for their price swings. BRO is no different, with its price often driven by social media and community hype.
• Regulatory Risks: Like all crypto, there are regulatory risks that could affect BRO.
• Security: Always use secure wallets and be wary of scams or phishing.

Conclusion

The BRO token on the Base chain (aka Neurobro) is a fascinating mix of AI-driven market analysis and meme culture. It’s traded mostly on decentralized exchanges like Uniswap, and has a growing community.

While it shows transparency with open-source contracts, it’s important to note some concerns like the proxy contract and buy/sell tax. As with any crypto investment, do your homework and assess the risks before diving in. This report is not financial advice, so always do your own research!

Stay tuned for more updates here at Meme Insider, where we keep you in the loop on all things meme token.