Hey crypto enthusiasts! Ever heard of a meme coin called ELON on the Base chain? Yeah, not Dogelon Mars, but a different one living on Coinbase's very own Layer-2 network, Base. We at Meme Insider (meme-insider.com, your go-to Know Your Meme publication for crypto) have been digging deep, and here’s the lowdown on this intriguing token.

So, what’s the deal with meme coins on Base? Think of Base as a superhighway for Ethereum transactions – it’s faster and way cheaper, thanks to being a Layer-2 scaling solution built by Coinbase. This makes it the perfect playground for meme coins, which, let's be honest, thrive on quick moves and lots of buzz. Lower fees and faster transactions? That's meme coin paradise!

Now, let's talk about this ELON token specifically. Its contract address is 0xad211db45bf2e4ba704c6238616c37453007afa0 on Base. Full disclosure, this isn't the famous Dogelon Mars (ELON) you might know from Ethereum and Polygon. This is a Base chain native. We did some digging on Base chain explorers like Blockscout to get the scoop.

Turns out, the Base chain is buzzing with meme coin energy. You've got names like BRETT – the big dog of Base meme coins with its blue bulldog mascot, TYBG (Thank You Base God) – a nod to Coinbase's main man Brian Armstrong, and even MOCHI and TOSHI – apparently inspired by Brian Armstrong's cats! Then there's BRIUN, DOGINME, BASENJI (BENJI), and the new kid on the block, Base Dawgz (DAWGZ). It’s a whole meme coin zoo over there!

What makes these Base meme coins tick? Well, it’s all about the community, the laughs, and those sweet, sweet low transaction costs thanks to Base’s tech. They’re riding the meme wave, fueled by internet culture and a desire for something fun and maybe, just maybe, the next moonshot.

Back to our Base chain ELON token (0xad211db45bf2e4ba704c6238616c37453007afa0). It’s rocking the ELON symbol and lives on Base. Now, digging into the details, we see this ELON token on Base isn't just any token; it's linked to Toshi. Yep, Toshi, named after Brian Armstrong's cat and Satoshi Nakamoto, Bitcoin’s mysterious creator. Toshi is kind of the mascot for the Base ecosystem, governed by a decentralized group called Meow DAO. Think of it as a playful way to get more folks into the Base world, even bringing in NFTOSHIS – a collection of 3,000 unique NFTs to spice things up.

Price-wise, things get spicy too. Meme coins are known for their wild rides, and Toshi (aka, this ELON token) is no exception. We've seen it pump hard – like a 70% jump in a day just on rumors of getting listed on Coinbase! But then, reality hits, and prices can dip, sometimes hard. Market cap? It's been all over the place, hitting highs of over $900 million and then sliding below $300 million recently. Volatility is the name of the game here.

Looking at the token specifics from BaseScan, the total supply is a massive 420,000,000,000 ELON – yeah, billions. Lots of tokens to go around! It’s got 18 decimals, standard for these ERC-20 tokens, and around 1,200 holders – a decent crowd, but not massive. Transaction-wise, it’s been moving, with over 15,000 transfers recorded. The token contract itself was launched back in July 2023.

Now, for a bit of caution – the source code isn’t fully verified on BaseScan yet. This means we can't see every little detail under the hood, so extra caution is always wise. But, being an ERC-20 token, it should have the basic functionalities we expect.

What’s the purpose? Well, with a name like ELON and a supply of 420 billion, meme coin vibes are strong. The "420" number is a bit of a meme itself in crypto culture, often linked to Elon Musk and playful internet trends. Unlike Dogelon Mars with its whole space exploration comic book thing, this Base chain ELON seems more community-driven fun.

Market performance? As of March 7, 2025, it's not listed on the big crypto trackers like CoinGecko or CoinMarketCap directly under that contract address. But, you can find it on BaseScan. Price is super low, like $0.000000013 per token – fractions of a cent! Market cap estimate is around $5,460 – tiny in the grand scheme of crypto. Liquidity is also modest, paired with WETH with around 1.5 ETH locked up. Trading seems to happen on decentralized exchanges (DEXs) like Uniswap or Base-native platforms like Aerodrome, but volumes are low compared to the meme coin big leagues.

Community-wise, we haven’t seen a massive online buzz specifically for this Base chain ELON. General "ELON" tokens do get attention, often riding Elon Musk’s coattails. But for this specific token, the community feels niche, maybe early adopters or just organic growth.

Let’s talk risks. Meme coins, in general, are risky business – high volatility, prone to market manipulation, and often lacking real-world utility. This ELON on Base is no exception. Plus, that unverified contract code on BaseScan adds a layer of uncertainty. Low liquidity means prices can swing wildly, and pump-and-dump schemes are a real threat. Rug pulls? Always a possibility in the meme coin world, though no red flags are waving wildly here, it pays to be cautious.

To put it in perspective, compared to the OG Dogelon Mars (ELON) – which has a market cap of millions – or even Official ELON Coin, this Base chain ELON is a minnow. It's either super early days, or it’s just a smaller-scale project.

Thinking of diving into the Base chain ELON token (0xad211db45bf2e4ba704c6238616c37453007afa0)? Tools like GMGN.AI can be super helpful. GMGN.AI is built for tracking, analyzing, and even trading meme tokens across chains like Ethereum, Solana, Base, and more. It’s got smart money tracking, real-time analytics, and even automated trading features (though linking your Telegram account is needed for that). Plus, they do security checks to flag potential scams. For navigating the meme coin jungle, especially on fast-moving chains like Base, these tools are invaluable. You can even check out ELON’s dedicated GMGN.AI page here. They charge a flat 1% fee, no subscription needed for the premium features, which is pretty cool.

In conclusion: The ELON token on Base is a wild card in the meme coin world. It's got the meme name, lives on a hot chain, and is linked to the playful Toshi ecosystem. But, it's also super early, unverified code-wise, and carries all the risks of meme coin investing. If you’re venturing into these waters, tread carefully, do your own research, and maybe keep an eye on BaseScan and crypto social media for any updates. Meme coins are a rollercoaster – enjoy the ride, but always know your limits!

Disclaimer: This is not financial advice. Meme coin investing is highly speculative. Always do your own research and risk assessment before investing in cryptocurrencies.