Basecat Surges Over 260% in 24 Hours, Market Cap Reaches $36M

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Basecat surged over 260% in 24 hours, reaching a $36 million market cap, according to Odaily. The Base Meme coin, featuring a cat wearing a blue hard hat, is now valued at approximately $33 million. Its rally follows its inclusion on Coinbase’s listing roadmap. Odaily notes that crypto market volatility remains elevated, urging investors to proceed with caution. The cryptocurrency market continues to experience sharp price fluctuations, particularly in the meme coin sector.

Odaily Planet Daily reports that, according to GMGN data, influenced by its inclusion on Coinbase’s listing roadmap, the Base Meme coin Basecat briefly surpassed a market cap of $36 million and is currently trading at approximately $33 million, with a daily gain of over 260%.

Basecat is a B20 standard meme coin launched via o1 Launchpad, and its image of a cat wearing a blue hard hat is seen as symbolizing the builder culture of the Base ecosystem.

Odaily reminds users that meme coins are highly volatile; investors should be aware of the risks.

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