In the fast-paced world of crypto, where Bitcoin's dips can send ripples through the market, some big players—known as whales—are still diving in headfirst. A recent tweet from Graeme (@gkisokay) highlights this trend on the Base blockchain, showing smart money inflows totaling a whopping $902.7K in just one day.
At the top of the list is $JESSE, which saw an impressive $700.9K poured in by 22 whales. That's one of the biggest single-day accumulations on Base this month. For those new to the scene, whales are large holders who can influence prices with their moves, and "smart money" refers to experienced investors whose actions are often tracked for insights.
But $JESSE wasn't alone. Other popular memecoins on Base also got a boost:
- $cbXRP: +$59.8K from 1 whale
- $FLOCK: +$41.3K from 1 whale
- $TIBBIR: +$38K from 16 whales
- $EDEL: +$21.4K from 19 whales
- $FRAME: +$14.9K from 1 whale
- $PREDI: +$7.2K from 2 whales
- $EDGE: +$7.2K from 2 whales
- $MACHINES: +$6K from 3 whales
- $OPENX: +$6K from 6 whales
This activity comes even as Bitcoin slides, suggesting these whales see value in Base's ecosystem. Base, built by Coinbase as a layer-2 solution on Ethereum, has become a hotbed for memecoins—those fun, community-driven tokens often inspired by internet memes.
Why does this matter? Whale accumulations like these can signal upcoming pumps or renewed interest in a chain. For meme token enthusiasts, it's a reminder that even in bearish times, opportunities lurk. If you're tracking Base projects, keeping an eye on tools like Neurodex (as shown in the tweet) can give you an edge.
As always in crypto, do your own research—whales might be buying, but markets are unpredictable. Stay tuned to Meme Insider for more updates on emerging trends in the meme token space.