Odaily Planet Daily reports that, according to GMGN data, the Base Meme coin BLUECHIP has surpassed a market cap of $6 million, rising over 120% today, and is currently trading at $5.3 million.
In terms of narrative, BLUECHIP originates from Cobie, Head of Trading Products at Coinbase, and his early trading experiences. In June 2014, Cobie posted multiple times over several days discussing a token called BlueChip, including its price reaching new highs, order book changes, and his decision to hold. Recently, these historical posts were rediscovered by the community, giving rise to the narrative of the "2014 old meme revived."
Odaily reminds users that meme coins are highly volatile; investors should be aware of the risks.
