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Daily Brief

Base's Trending Tokens

gm Bankless Nation, let's dig into 5 tokens that are sparking excitement in Base's AI ecosystem!
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Nov 25, 20243 min read
Base's Trending Tokens
Published on Nov. 25, 2024
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Sponsor: Cartesi — Tap into the power of Linux, the simple way to build in Web3.

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NEED TO KNOW
Record ETF Inflows
  1. 💰 Bitcoin ETFs Drives Record Inflows. Crypto investment products saw a historic $3.13 billion in net inflows last week, with U.S. spot Bitcoin ETFs leading the way.
  2. Pump.fun Pauses Livestreams Amid Controversy. Solana memecoin launchpad Pump.fun tabled its livestreaming feature after a recent spate of dangerous broadcasts.
  3. 🏦 Cantor Fitzgerald & Tether Eye Bitcoin Lending. The investment firm giant is partnering with Tether to offer $2 billion in Bitcoin-backed loans, allowing clients to borrow dollars using BTC as collateral.
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MARKET VIBES
ETH's Turn

📸 Daily Market Snapshot: In recent weeks, ETH has lagged behind other crypto majors like BTC and SOL in price performance. Today, however, the trend reversed: ETH is up 4.6% on the day, while BTC and SOL are down 2.1% and 4.5%, respectively, over the past 24 hours. This shift suggests a capital rotation back into ETH, likely fueled by renewed interest in hot tokens within the Base ecosystem.

Prices as of 4pm ET 24hr 7d
Crypto $3.27t ↘ 0.8% ↗ 6.2%
BTC $94,714 ↘ 2.1% ↗ 3.9%
ETH $3,489 ↗ 4.6% ↗ 10.7%
BLAST $0.01 ↗ 15.1% ↗ 17.4%

New Token Rating: Blast gained significant attention and adoption during its initial rise. Is the L2's “Gold Distribution" program enough to win users back?
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OPINION
5 Base Tokens Blending AI and Memecoin Magic
Bankless Author: William M. Peaster

The Base ecosystem is buzzing with activity as a new wave of tokens are mixing memecoin adventuring with AI experimentation in Farcaster's social scene.

That said, what are some of the hottest projects you should be tracking here?

For today’s post, let's dive into 5 coins at this crossroads and what's making them stand out as among the most intriguing tokens on Base right now! 👇


FRIEND & SPONSOR: CARTESI

Cartesi has announced the addition of a Validator Marketplace to its roadmap—a decentralized platform connecting dApp developers with validators. This marketplace aligns incentives within the ecosystem, boosts CTSI token utility, and offers a solution for unlocking the full potential of appchains, even beyond Cartesi.

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LATEST POD
From Web1 to Web3

Matt Cutler, founder of Blocknative, takes us on a journey from the early internet to the cutting-edge of crypto.

In this episode, Cutler unpacks how blockchain tech is reshaping financial systems and how the lessons from Web1 and Web2 can unlock the next era of decentralized infra.

From solving the gas problem to a $16 trillion opportunity in financial efficiency, Matt’s insights are a blueprint for the future of the internet. Tune in to hear how Web3 is not just a tech upgrade, but a solution to some of humanity’s biggest challenges.

Hear the full talk! 👇

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.