What is SKRRT on Base?

SKRRT is a meme-inspired token deployed on Base, Coinbase’s Ethereum Layer 2 network focused on low fees and fast confirmations. In internet and hip‑hop slang, “skrrt” mimics the screech of tires—signaling speed, hype, or a quick exit. That cultural resonance is typical fuel for meme tokens, where community and virality often matter more than complex technical utility.

Important: Don’t confuse this SKRRT token (address: 0x5f768ec1a1236235b16069efd36c27fbf2de9146) with similarly named projects:

• Sekuritance (SKRT), a separate RegTech/FinTech token on Ethereum: https://coinmarketcap.com/currencies/sekuritance/
• Saakuru Protocol (SKR), a consumer-centric L2: https://coinmarketcap.com/currencies/saakuru-protocol/

Learn more about the Base network here: https://base.org/

Quick facts

• Symbol: SKRRT
• Contract: 0x5f768ec1a1236235b16069efd36c27fbf2de9146 (Base)
• Network: Base, an Ethereum L2 designed for secure, low-cost transactions
• Standard: Most Base tokens follow the ERC‑20 standard: https://ethereum.org/en/developers/docs/standards/tokens/erc-20/

What we know vs. what needs verification

What we know:

• The token exists on Base at the contract above.
• Public aggregator coverage (price, volume, market cap) appears limited or absent at the time of writing.
• The project likely leans into meme culture and community-driven narratives.

What to verify on-chain (recommended before any trade):

• Total supply, circulating supply, and mint/burn permissions
• Ownership status (renounced or not) and admin roles
• Tax/fee parameters and transfer restrictions
• Holder distribution and top-holder concentration
• Liquidity presence, lock status, and any vesting arrangements

How to research SKRRT on-chain (step-by-step)

1. Locate the contract on BaseScan

   • Search the address on BaseScan: https://basescan.org/
   • Check token “Read/Write” tabs for functions like tax, maxTx, blacklist, or owner.

2. Confirm contract details

   • Is the source code verified?
   • Is ownership renounced or transferred to a multisig?
   • Are there roles that can change fees or pause transfers?

3. Inspect holders and transfers

   • Review the top holders for concentration risk.
   • Look for exchange/AMM pair contracts to confirm active liquidity.
   • Scan recent transactions for bot dominance or suspicious patterns.

4. Assess liquidity health

   • Identify the primary liquidity pool(s) on Base.
   • Verify whether LP tokens are locked or burned.
   • Cross-check pair info using a charting tool like DEXTools: https://www.dextools.io/app/base/pairs

5. Track community and comms

   • Search “SKRRT Base” across X (Twitter), Telegram, Discord for official links.
   • Look for a website or docs and verify they match the on-chain contract.

6. Security passes

   • Run basic safety checks (honeypot tests, transfer limits, high-tax flags).
   • Treat unaudited meme tokens as high risk until proven otherwise.

Utility and narrative

Like many meme tokens, SKRRT’s primary “utility” is community energy: social momentum, shareable branding, and speculative interest. If the team/community ships extras—things like games, NFTs, or staking—that’s a bonus, but the baseline thesis for meme assets is usually culture first. Base’s low fees make it easier for communities to transact, create content, and experiment on-chain.

Market presence and trading pathways

Public aggregator listings for SKRRT appear limited right now. If/when liquidity is active, common paths to monitor and trade include:

• GMGN.AI token page (charts, activity, trading access): https://gmgn.ai/base/token/fV1R5sZ5_0x5f768ec1a1236235b16069efd36c27fbf2de9146
• Base DEX UIs if a pool exists (for example, Uniswap on Base or other Base-native AMMs)
• Charting/discovery tools to confirm the correct pool and contract (e.g., DEXTools: https://www.dextools.io/app/base/pairs)

Tip: Always verify the contract address (0x5f768ec1a1236235b16069efd36c27fbf2de9146) before interacting with any pool or interface to avoid copycats.

Risk checklist for meme tokens

• Ownership and role control

  • Renounced or multisig? Any functions that can change fees or pause transfers?

• Taxes and trading limits

  • Buy/sell taxes, max wallet, max transaction—are they reasonable and transparent?

• Liquidity safety

  • Is there sufficient liquidity? Are LP tokens locked or burned? Any scheduled unlocks?

• Holder distribution

  • Are top wallets (excluding LP/DEX) excessively concentrated?

• Contract safety

  • Verified source code, no hidden mint, blacklist, or stealth functions that can trap liquidity.

• Community credibility

  • Consistent, verifiable comms? Known contributors? Clear roadmap or at least transparent intentions?

• Exit and slippage

  • Test small buys/sells to validate transfers and slippage aren’t predatory.

Why Base matters here

Base inherits Ethereum’s security model while offering lower costs and faster throughput, which makes it ideal for rapid, social-driven experiments like meme tokens. Builders benefit from EVM compatibility, while traders enjoy cheaper swaps and faster settlement—both of which can accelerate the lifecycle of meme narratives (for better or worse).

Learn about Base: https://base.org/
Browse the Base ecosystem: https://coinmarketcap.com/ecosystems/base/

Bottom line

SKRRT on Base taps into a well-known meme and the fast, low-fee environment of an Ethereum L2. Because public data is sparse, it’s crucial to rely on direct on-chain verification—checking supply, ownership, fees, holders, and liquidity—before engaging. If liquidity is available, you can monitor and trade via tools like GMGN.AI’s SKRRT page at the link above, alongside established Base DEX interfaces. As with all meme tokens, treat this as high risk, move deliberately, and size positions accordingly.