CARLO Token on Base Chain: A Deep Dive into the 'Psycho Dog' Meme Coin
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CARLO Token on Base Chain: A Deep Dive into the ‘Psycho Dog’ Meme Coin
Hey Meme Insider readers! Today, we’re diving into the world of meme coins with a close look at CARLO, a token making waves on the Base blockchain. If you’re curious about this “Psycho dog” themed token and whether it’s the next big thing, or just a flash in the pan, buckle up – we’ve got the details for you.
What is CARLO?
CARLO, with the token address 0x38d513ec43dda20f323f26c7bef74c5cf80b6477
, is a meme coin that launched on the Base chain in late April 2024. What sets it apart? Well, it features a quirky blue dog character, affectionately known as a “Psycho dog,” complete with a distinctive pink feature. The team behind CARLO aims to elevate the meme space with high-quality, entertaining content. Think of it as the Ponke of the Base blockchain, but with a unique, blue, slightly unhinged twist.
Content Creation Focus
CARLO is not just your average meme coin; it’s trying to be the first content creation meme token on Base. The team is laser-focused on building an entertainment brand, developing 2D animations starring the Carlo character, aiming to create a universe reminiscent of shows like “Family Guy,” “South Park,” and “Rick and Morty.” This is not just about fleeting internet trends; they’re building something with a bit more longevity.
Community Driven
A core aspect of CARLO’s strategy is its vibrant community. They keep the party going with contests and giveaways, creating a strong sense of belonging among holders. This active community involvement is a major driver of the token’s growth. Think of it as a digital town square where everyone’s got a shared interest in a slightly off-the-wall blue dog.
Tokenomics and Market Performance
Let’s break down the numbers:
- Token Symbol: CARLO
- Maximum Supply: 1 billion tokens
- Transaction Taxes: None (for now)
- Trading Venues: Decentralized exchanges like Uniswap, Aerodrome SlipStream, and Matcha.
- Base Chain: Launched on Base due to its low fees, security, and supportive community, aiming for a stable and innovative growth environment.
Market Volatility
CARLO has experienced a rollercoaster of a ride. It went from a 300K to a 20 million market cap in just two months after its launch. Its all-time high hit $0.02021 on June 12, 2024, before plummeting to an all-time low of $0.0002401 on September 19, 2024. As of today, January 26, 2025, the price is around $0.003359, with a market cap of approximately $4.5 million. This makes it a low-cap token with significant volatility.
Currently, as of January 2025, CARLO has also been noted as a top gainer, with a 68% increase in the last 24 hours. This is part of a broader market rebound in the crypto and meme coin market.
Jesse Pollak Connection
A notable event that boosted the token was when Jesse Pollak, the lead developer of Base Chain, announced on social media that he had purchased $CARLO. This shows some confidence in the project from key figures in the blockchain space.
Trading Volume
While the trading volume has varied, the last 24 hours saw approximately $328,067 in trading volume. In more recent data, as of January 27, 2025, the trading volume was around $87,030.02.
Ecosystem and Integration
CARLO is not just floating around. It’s integrated with platforms like Carbonio, aiming to expand its reach and utility within the crypto ecosystem. The community and marketing efforts include meme generation and AI agent development.
Risks and Considerations
Now, before you jump on the CARLO bandwagon, it’s crucial to be aware of the risks:
- Meme Coin Volatility: Meme coins are known for their dramatic price swings. Investing in CARLO comes with high risk, and significant losses are possible.
- Community Sentiment: The value is heavily influenced by the community’s vibe and the hype cycle. Changes in sentiment can lead to sharp price drops.
- Limited Utility: CARLO currently lacks real-world utility. Its value is driven mainly by speculation and community buzz.
- Decentralized Trading: Most of the trading occurs on decentralized exchanges, which can be riskier than centralized platforms.
- Lack of Detailed Information: Unlike some other tokens with whitepapers and detailed project goals, CARLO’s specifics are not widely documented.
The Semantic Triples
To provide a structured understanding, here are some semantic triples extracted from the information:
<CARLO_Token> <is_a> <Meme_Coin>
: CARLO is a type of meme coin.<CARLO_Token> <deployed_on> <Base_Blockchain>
: CARLO is deployed on the Base blockchain.<CARLO_Token> <has_address> <0x38d513ec43dda20f323f26c7bef74c5cf80b6477>
: The contract address of CARLO is0x38d513ec43dda20f323f26c7bef74c5cf80b6477
.<CARLO_Token> <has_theme> <Psycho_Dog_Character>
: CARLO is themed around a “Psycho dog” character.<CARLO_Token> <focuses_on> <Content_Creation>
: CARLO aims to be a content creation focused meme token.<CARLO_Token> <has_community> <Active_Community>
: CARLO has a strong and active community.<CARLO_Token> <trades_on> <Uniswap>
: CARLO is traded on Uniswap.<CARLO_Token> <trades_on> <Aerodrome_SlipStream>
: CARLO is traded on Aerodrome SlipStream.<CARLO_Token> <trades_on> <Matcha>
: CARLO is traded on Matcha.<CARLO_Token> <has_supply> <1_billion>
: The total supply of CARLO is approximately 1 billion tokens.<CARLO_Token> <has_market_cap> <4.5_million_USD>
: The approximate market cap of CARLO is $4.5 million.<Base_Blockchain> <has_feature> <Low_Fees>
: The Base blockchain is known for having low fees.<Base_Blockchain> <has_feature> <Security>
: The Base blockchain provides good security.<Base_Blockchain> <has_feature> <Supportive_Community>
: The Base blockchain has a supportive community.<Jesse_Pollak> <purchased> <CARLO_Token>
: Jesse Pollak, the lead developer of Base Chain, bought CARLO.<CARLO_Token> <integrated_with> <Carbonio>
: CARLO is integrated with platforms like Carbonio.
Conclusion
CARLO is a meme coin on the Base chain with a unique angle on content creation. It’s seen substantial growth and volatility. While it aims to be more than just a typical meme coin with its entertainment brand plans, you should always exercise caution. Investing in CARLO, like any meme coin, is risky. Always conduct your own thorough research before making any investment decisions.
Disclaimer:
This article is for informational purposes only and should not be considered financial advice. The cryptocurrency market is highly volatile and speculative. Always conduct your own thorough research before making any investment decisions.