Huo Xing Finance reports, according to GMGN data, the market cap of the Base Meme coin BLUECHIP once exceeded $12 million, rising over 50% from its intraday low, and is currently trading at $10 million. In terms of narrative, BLUECHIP originates from Cobie, Head of Trading Products at Coinbase, who discussed a token named BlueChip in early trading experiences. In June 2014, Cobie posted multiple consecutive days about the BlueChip token, covering its price reaching new highs, order book changes, and holding decisions. Recently, these historical posts were rediscovered by the community, sparking a narrative of “the 2014 meme resurrected.” According to market insights, meme coins exhibit high price volatility—investors should exercise caution and be aware of the risks.
Base Meme Coin BLUECHIP Market Cap Surpasses $12M, Up Over 50% from Daily Low
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Summary
Meme coin news: BLUECHIP on Base surged more than 50% from its daily low, briefly reaching a market cap above $12 million, according to GMGN data. The token is now valued at $10 million. The project is inspired by a 2014 post by Coinbase’s Cobie. Market news indicates renewed interest in the revived “2014 meme” narrative. Meme coins remain highly volatile.
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