Hey there, meme coin enthusiasts! If you’ve been scrolling through X lately, you might have stumbled upon an intriguing thread by OnchainValue that’s got the crypto community buzzing. Posted on August 9, 2025, at 04:56 UTC, the thread dives into the potential of $MONK and $SANTA meme coins, hinting at a price discovery phase driven by their ties to Coinbase. Let’s break it down and see what this means for blockchain practitioners and meme coin investors!

What’s the Buzz About $MONK and $SANTA?

The thread kicks off with a simple yet bold statement: "$MONK / $SANTA + coinbase relationships + patience = price discovery at some point." For those new to the crypto world, price discovery is the process where the market figures out a fair value for a cryptocurrency based on supply, demand, and sentiment. It’s like a digital auction where buyers and sellers set the price through their actions.

The accompanying charts (showing price movements on Uniswap) reveal that both $MONK and $SANTA have seen some wild swings. For $MONK, the price hovers around $0.003206 with a market cap of $3.2M, while $SANTA sits at $0.003465 with a similar cap. These numbers might seem small, but the 24-hour gains—519% for $MONK and 244% for $SANTA—suggest these tokens are catching attention fast. The charts also highlight low liquidity and high volatility, which is typical for meme coins but can signal big opportunities (or risks!).

The Coinbase Connection

So, why the hype about Coinbase? Coinbase is one of the biggest and most trusted centralized exchanges in the crypto space. When a meme coin gets linked to Coinbase—whether through listings, partnerships, or integrations—it often gains credibility and attracts more investors. OnchainValue suggests that this relationship could set the stage for price discovery, potentially pushing these tokens into the $25-50M market cap range. That’s a huge leap, but it’s not unheard of for meme coins with the right momentum.

The thread also poses an open question: are there other agents or tokens with Coinbase ties we should watch? This has sparked replies suggesting tokens like $ROOM, $SPLOOT, and $FLYTE, which are tied to the Base blockchain and SocialFi (a blend of social media and finance on the blockchain). It’s clear the community is on the lookout for the next big thing!

What Does This Mean for You?

If you’re a blockchain practitioner or just a curious investor, this thread offers a goldmine of insights. Here’s what to keep in mind:

• Patience is Key: OnchainValue warns that price discovery might take a couple of months. Meme coins can be a rollercoaster, so don’t expect overnight riches.
• Watch the Ecosystem: Tokens on the Base blockchain, especially those with SocialFi features, seem to be gaining traction. Keep an eye on projects like $ROOM and $FLYTE for potential growth.
• Risk Awareness: With high volatility comes high risk. The charts show sharp drops alongside those gains, so only invest what you can afford to lose.

Community Reactions

The X thread has already sparked some lively discussion. Users like WAI Combinator and Qaan9999 echo the focus on $ROOM, $SPLOOT, and $FLYTE, reinforcing the idea that Coinbase-connected SocialFi tokens could be the next wave. Others, like Patrick🌟派大星, express a mix of excitement and caution with a “pay-tience” nod—cute wordplay, right?

Final Thoughts

This thread from OnchainValue is a great starting point for anyone interested in the evolving world of meme coins. $MONK and $SANTA might just be the tip of the iceberg, with their Coinbase ties and Base blockchain roots hinting at a bigger story. Whether you’re here to learn, invest, or just enjoy the ride, staying informed is your best tool. Check out meme-insider.com for more updates on these tokens and other meme coin trends. What do you think—ready to join the price discovery party?