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Exploring PowerSnookerCoin (PSC) on Base: Utility, Market Dynamics, and Key Considerations

Exploring PowerSnookerCoin (PSC) on Base: Utility, Market Dynamics, and Key Considerations

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Welcome to our deep dive into PowerSnookerCoin (PSC)​, a token identified by the symbol PSC and residing on the Base blockchain with the contract address 0x788470b87b87b1815dd2119615a946825342ae01. For blockchain practitioners looking to stay updated on the latest meme token developments, understanding tokens like PSC is crucial.

Understanding PowerSnookerCoin (PSC)

PowerSnookerCoin (PSC) is the official utility token within the Power Snooker ecosystem. If you're unfamiliar, Power Snooker is touted as a next-generation cue sport, designed for faster gameplay, heightened excitement, and increased digital engagement. The PSC token plays a vital role in fueling various aspects of this platform.

Its primary functions include:

  • Access to Tournaments: Holders can gain entry to exclusive Power Snooker tournaments.
  • In-Game Rewards: Earn PSC by participating and performing well in the game.
  • Exclusive Content & Features: Unlock special content and functionalities within the ecosystem.
  • Community Interaction: Facilitate engagement and participation within the Power Snooker community.

The project intends for PSC to support future developments and features, further embedding it within the Power Snooker universe.

Distinguishing PSC on Base Chain

It's important to clarify that while "PSC" is a common token symbol, this report specifically focuses on the PowerSnookerCoin (PSC) token found on the Base network at the given address. There are indeed other tokens using the "PSC" symbol across different blockchains, which can sometimes cause confusion. For instance, you might encounter Petsneakers (PSC) on BNB Smart Chain, PowerSnookerCoin (PSC) on Solana, Pascal Coin (PSC) on Binance Smart Chain, Possibility Coin (PSC) also on BSC, and even a Patrick Star Coin (PSC) meme token on BSC. This particular PSC token on Base is distinct from these other iterations.

Market Dynamics and Trading Activity

As of mid-June 2025, PowerSnookerCoin (PSC) on the Base chain is actively traded, primarily on decentralized exchanges (DEXs) like Uniswap, particularly within liquidity pools such as PSC/WETH.

Recent market data from June 16, 2025, provides a snapshot of its performance:

  • Market Cap: Approximately $7,537,102
  • 24-Hour Trading Volume:
    • Buy Volume: $13,631
    • Sell Volume: $6,157
  • Liquidity: Around $134,182

These figures suggest moderate trading activity for a token on an Ethereum Layer 2 solution like Base. However, the token has demonstrated significant volatility. Reports indicate a notable +930.2% increase in Fully Diluted Valuation (FDV) within a mere 10-minute period, equating to a $645,000 gain. Such rapid price swings are common for newer or lower-cap tokens, especially within the meme coin sector, and often point to speculative trading or a low-liquidity environment.

For the most up-to-date and granular financial data, it's always recommended to consult blockchain explorers like BaseScan or DEX analytics platforms directly by searching for the token's contract address.

Transparency and Smart Contract Details

While PowerSnookerCoin has a stated purpose within the Power Snooker ecosystem, it's important to note some transparency considerations for this specific deployment on Base. The smart contract at 0x788470B87b87b1815Dd2119615a946825342ae01 has not been verified on BaseScan. This means its source code isn't publicly available for audit, which can raise concerns about potential vulnerabilities or hidden malicious code. Standard ERC-20 functions like transfer, approve, and balanceOf are generally expected, given its nature as a fungible token on an Ethereum-based chain, but specific details remain unconfirmed without code verification.

Some community discussions, particularly on platforms like X, indicate speculative interest and community-driven activity. However, the absence of officially verified documentation directly tied to this specific contract address on Base could complicate identification and legitimacy checks for some users.

Risks and Important Considerations

As with any cryptocurrency, especially those on decentralized exchanges and within the volatile meme token space, potential users and investors should exercise extreme caution and conduct thorough due diligence, widely known as DYOR.

Here are key risks and concerns for PSC on Base:

  • Lack of Transparency: The unverified smart contract on BaseScan limits insights into its code, increasing the risk of hidden issues.
  • Low Liquidity: With reported liquidity of $134,182, the token is susceptible to significant price manipulation and large price swings, making it difficult for larger investors to enter or exit positions without impacting the market price.
  • High Volatility: The documented rapid price increases also indicate potential for equally rapid declines, which is characteristic of speculative assets.
  • Ambiguous Project Details: While associated with Power Snooker, the lack of an officially verified contract and comprehensive project documentation directly linked to this specific Base deployment could lead to confusion and raise flags regarding its long-term viability or potential for scams, similar to other community-driven meme coins.

Operating on Base, an Ethereum Layer 2 solution, does offer security benefits inherited from Ethereum's robust infrastructure. However, the inherent risks of unverified contracts and the general lack of regulatory oversight in decentralized finance (DeFi) environments mean users are exposed to risks like rug pulls, exploits, or loss of funds if caution isn't exercised.

Navigating the Meme Token Landscape

For those interested in exploring and trading tokens like PSC, specialized platforms can offer valuable tools and insights. For example, GMGN.AI is designed for tracking, analyzing, and trading meme tokens across various blockchains, including Base. Tools like smart money tracking, real-time analytics, and security checks can help users identify risks like honeypots or high transaction taxes, enhancing safety when navigating the volatile meme token market. Such platforms can be highly recommended for users seeking comprehensive information on token performance, trends, and trading options.

Conclusion

PowerSnookerCoin (PSC) on the Base chain, with its official association to the Power Snooker ecosystem, offers a distinct utility proposition within the world of cue sports and digital engagement. However, its market performance exhibits the high volatility common to meme tokens, and the unverified nature of its smart contract on BaseScan highlights the importance of user vigilance. While community sentiment shows interest, potential participants should conduct thorough independent research, prioritize transparency, and carefully weigh the risks associated with investing in highly speculative, low-liquidity assets. Staying informed and utilizing advanced analytical tools can empower blockchain practitioners to make more informed decisions in this dynamic space.

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