TL;DR

• INGLIP is a meme token on the Base blockchain, inspired by the decade-old “Lord Inglip” internet meme.
• It trades primarily on Base-based DEXs like Uniswap v2; you can also track and trade via platforms focused on meme tokens.
• No formal tokenomics or utility have been publicly documented so far. The value is driven by community sentiment and virality.
• Security scanners can flag common red flags, but there is no substitute for your own due diligence. Meme tokens are highly risky and volatile.

What is INGLIP?
INGLIP is a community-driven meme token on the Base network, an Ethereum Layer 2 (L2) built with the OP Stack. The project taps into the “Inglip” meme—originating from 2011 Reddit rage comics where distorted CAPTCHA text spawned a fictional “Lord Inglip” and his followers, the Gropagas. The humor is surreal and collaborative, which the token aims to channel into crypto-native community energy.

About the Base Network (L2)

• Base is an Ethereum Layer 2 incubated by Coinbase, designed for lower fees and faster transactions while inheriting Ethereum security.
• It’s built on the OP Stack.
• Base uses ETH as the gas token and has no separate network token. Third-party tokens like INGLIP live atop this L2 as standard ERC-20s.

Smart Contract and Technical Notes

• Contract: 0xe0a380ad92b39a258693ddcc10592da433c800dc (verify on BaseScan)
• Standard: Likely ERC-20 (the common fungible token standard on Ethereum and L2s).
• Decimals: Often 18 for ERC-20s; confirm on the explorer.
• Supply: Not publicly documented in an official whitepaper. Cross-check on-chain data.

Meme Origins: Lord Inglip
The “Inglip” meme traces back to a 2011 Reddit post where a CAPTCHA reading “Inglip Summoned” kicked off a community-driven lore about an eldritch figure, Lord Inglip. This inside joke evolved into rage comics and collaborative storytelling. The INGLIP token borrows this recognizable internet culture to seed community identity and social engagement. For background, see Know Your Meme’s entry.

Market, Liquidity, and Where to Trade

• Main venue: Uniswap v2 on Base. You can swap INGLIP with WETH using the standard Base network flow. Visit Uniswap and ensure your wallet is set to Base.
• Meme trading toolkit: You can also track and trade INGLIP via platforms that specialize in meme tokens. For example, check the INGLIP page on GMGN.AI for performance charts, wallet flows, and faster trade routing.
• Liquidity: Liquidity typically sits in a Uniswap pool on Base. Watch pool depth and price impact before swapping.
• Price/Volume: Meme tokens regularly show sharp swings. If it’s new or thinly traded, expect higher slippage and volatility.

What Can You Do With INGLIP?

• Culture and community: INGLIP is primarily a cultural asset tied to an internet meme. There’s no widely documented utility beyond trading and community participation.
• Potential community uses (speculative): tipping, meme contests, access to themed content or NFTs, or community voting—if a DAO or governance emerges later. None of these are officially confirmed at this time.

Community and Communications

• Official channels: No verified, persistent official website or social links have been identified for the Base-specific INGLIP. This suggests a grassroots effort rather than a coordinated dev team with a public roadmap.
• Discovery tips: Search Twitter, Reddit, Telegram, or Discord for “INGLIP Base” and verify contract address matches 0xe0a380ad92b39a258693ddcc10592da433c800dc.

Security and Risk Checklist
Meme tokens carry elevated risk. Before interacting:

• Contract verification: Confirm the contract on BaseScan.
• Liquidity health: Check liquidity pool size, lock status, and ownership privileges. Thin or unlockable liquidity increases risk.
• Trading frictions: Scan for high taxes, transfer restrictions, or blacklist mechanics.
• Honeypot checks: Quick scanners can catch obvious traps—but they’re not audits. Consider multiple tools and manual review.
• Team transparency: Lack of a visible team or roadmap is common in meme coins, but it heightens risk.
• Position sizing: Only risk what you can afford to lose. Volatility can be extreme.

How to Research INGLIP (Step-by-Step)

1. Confirm the contract: Use BaseScan to verify the token details and recent transactions.
2. Review trading data: Check pool addresses, top holders, and recent volume on DEX analytics. Monitor for large concentration in a few wallets.
3. Compare prices and slippage: On Uniswap, simulate a small trade to assess price impact. Avoid trading during illiquid or highly volatile windows.
4. Track market sentiment: Look for community chatter on social platforms. If announcements or utility claims appear, verify on-chain or in code.
5. Use specialized dashboards: Platforms focused on meme tokens can surface smart money wallets, flow trends, and faster execution paths. See GMGN.AI’s INGLIP page.

Key Terms (Plain English)

• Layer 2 (L2): A scaling network that sits on top of Ethereum to make transactions cheaper and faster, while relying on Ethereum for security.
• ERC-20: The most common standard for fungible tokens on Ethereum and compatible L2s like Base.
• Liquidity Pool (LP): A pool of tokens on a DEX that enables swaps. Deeper liquidity usually means less slippage.
• Honeypot: A malicious token that lets you buy but prevents selling, trapping funds.

Final Thoughts
INGLIP leverages a classic internet meme to build a community-first token on Base. The trade-off: minimal documented utility and limited official communications. If you choose to engage, rigorously verify the contract, examine liquidity, and manage risk. Meme coin markets move fast—benefit from L2 speed and analytics, but don’t skip due diligence.

Useful Links

• Base: base.org
• OP Stack: optimism.io/op-stack
• INGLIP Contract on BaseScan: basescan.org
• Uniswap on Base: app.uniswap.org
• Inglip meme background: knowyourmeme.com

Disclaimer: This article is for informational purposes only and is not financial, legal, or tax advice. Crypto assets, especially meme tokens, are highly volatile and risky. Always do your own research.