Meme Insider
The NET token, symbol NET, is one of the more recognizable memecoins on the Base blockchain—a Layer 2 (L2) network incubated by Coinbase. While NET isn’t an official token of the Base protocol, it’s carved out a niche as a community-driven memecoin, emphasizing easy token creation and creative engagement within the growing Base ecosystem.
Quick Facts
- Token Name: Net
- Symbol: NET
- Type: ERC-20 (Ethereum compatible)
- Total Supply: 100,000,000,000
- Holders: About 2,084
- Official Contract: 0x0bc945e3Ea693ad1527683d9cfE999407EBAAbB0
- Network: Base Chain, Ethereum Layer 2
What is Base Chain, and Why Does It Matter for NET?
Base is an Ethereum Layer 2 blockchain, incubated by Coinbase, and built with Optimism’s OP Stack. Its main strengths include:
- Low fees: Much cheaper transactions than Ethereum mainnet.
- Speed: Faster processing for trades, ideal for high-activity memecoins.
- EVM compatibility: Works seamlessly with popular wallets like MetaMask and Coinbase Wallet.
It’s important to remember that Coinbase, the creator of Base, has no official NET token. NET is a third-party project, not directly tied to Coinbase or Base governance.
The Purpose and Community of NET
NET positions itself as a “memecoin for the community,” blending meme culture with onchain creativity:
- Open Token Deployment: The NET protocol aims to let users deploy their own tokens quickly—encouraging experimentation and participation.
- “Upvoting Alpha Tokens”: Early reports highlight community-driven upvoting of promising (“alpha”) tokens, giving an onchain twist to meme and hype cycles.
- Speculative Culture: Like most memecoins, NET thrives on viral trends and grassroots engagement rather than a fixed product or roadmap.
Despite the enthusiasm, there are a few caveats:
- No verified whitepaper, website, or public roadmap.
- No official social media or Discord/Telegram community links available.
- Community focus and meme power are the core drivers, but they also mean a lack of transparency.
Market Cap, Price, and Trading Volatility
NET’s market cap and price are, in true memecoin fashion, highly volatile. Different sources have recently reported:
- Price Range: $0.0000017 – $0.0000063
- Market Cap: $169,000 – $631,000 (based on circulating supply)
- Liquidity: ~$184,000 (NET/WETH pool on Uniswap V3 Base)
- 24h Trading Volume: $144,000 – $399,000
These numbers can swing rapidly, sometimes with over 40% price jumps in a single day. This is common in Base ecosystem memecoins, where speculation and social buzz drive huge volume spikes and crashes.
Where to Buy and Trade NET
If you’re considering buying NET, here are the primary options (always DYOR and start small):
- Uniswap V3 (Base) — the most liquid DEX for NET/WETH trades.
- OKX Wallet — buy with BASE_ETH.
- Phantom — offers NET trading.
- deflo — community-focused trading platform.
- GMGN.AI — a specialized meme token hub with advanced analytics and safety tools. Highly recommended for in-depth NET token stats and trading insights.
Before trading, remember:
- Sniper bots: NET has seen “sniper” bot trading activity, which can cause sudden price changes.
- Check fees and slippage: Always review transaction fees and set conservative slippage to avoid costly surprises.
How to Store and Use NET
To interact with NET:
- Set Up a Base-Compatible Wallet: Use MetaMask, Coinbase Wallet, or any EVM wallet.
- Add Base Mainnet:
- RPC:
https://mainnet.base.org - Chain ID: 8453
- RPC:
- Import NET: Use its contract address to manually add it to your wallet.
- Trade or transfer: Engage on Uniswap, deflo, or any Base DEX.
Ecosystem Context & Community Trends
NET is part of the fast-growing Base memecoin scene, competing with names like RUSSELL and CateCoin. It rides on the Base chain’s low fees, which lower the barrier for new tokens and small traders. The protocol also mentions possible tools for “upvoting” or promoting alpha tokens, possibly influencing which new tokens gain momentum.
However, compared to top-performing meme projects, NET faces headwinds:
- Strong competition for user attention.
- Minimal official community/social support.
Risks and What to Watch Out For
Like all memecoins—especially those without a clear roadmap—NET is high risk and speculative:
- Extreme volatility: Sudden pumps and dumps are the norm.
- Transparency gaps: No clear official team, site, or governance.
- Sniper bots and manipulation: Automated trading tools may tilt the market.
- Market saturation: The Base chain has many similar meme tokens.
Proceed only if you understand the risks and never invest more than you can afford to lose.
Summary
NET on Base is a pure memecoin play: a huge total supply, simple community narrative, and wild trading swings. Its main appeal lies in letting users deploy their own tokens and upvote new projects. While it offers a taste of Base’s vibrant meme culture, a lack of transparency and intense volatility mean investors should tread carefully.
For the most up-to-date stats and trading safety checks on NET, platforms like GMGN.AI are your best bet.
Key Resources
