BlockBeats report, September 5: According to GMGN market data, the Base chain meme coin Basecat has reached a market capitalization of $70 million, setting a new all-time high, with a 24-hour price increase of approximately 36.24%.
Coinbase previously listed BASECAT spot trading. Basecat is a highly recognizable cat-themed Meme on the Base ecosystem and has regained investor attention as sentiment around multi-chain Meme coins rebounds.
BlockBeats reminds users: Most meme coins have no real utility and exhibit high price volatility. Please protect your assets and avoid FOMO.
