Top Base Coins to Buy in 2024

The crypto market offers multiple opportunities for investors, particularly in base coins, which serves as the foundational assets for multiple blockchain networks. With innovation and increased adoption, these coins have had a huge significant growth in recent years. In recent years, a huge surge in the price of these coins have been noticed and the price factor of Bitcoin and Ethereum plays an important role in that.

Unlike volatile altcoins, these coins offer stability and integration of DeFi with blockchain technology, helping the users to adapt easily in the market. Let’s learn more about some of the best base coins to buy in 2024:

Dream Cars allows anyone to own a share in some of the world’s most sought-after cars. Luxury cars are a dream asset for most people, however, due to the high purchase and maintenance cost of such cars, they are only within the reach of a very small percentage of the global population. Luxury cars are also resource-intensive as they become a liability for most owners. In an attempt to democratize the ownership of such assets, DreamCars is offering an innovative approach to Luxury car ownership.

DreamCars employs NFT and fungible token technology to tokenize luxury car ownership. This allows for fairly split ownership between luxury car enthusiasts or anyone seeking to earn significant income through luxury car investment. DreamCars offers ownership of a share of a real car with verified custody, of each share is an NFT representing a Real-World Asset (RWA) – Luxury car. Shareholders earn passive income from revenue generated from renting out the luxury car. According to the project, shareholders enjoy up to 50% APR depending on the demand for the car. DreamCars is powered by the $DCARS token. $DCARS is accepted in the DreamCars marketplace for buying shares. Other utility of the token includes platform governance and user incentivization. You can purchase $DCARS at a discount in the ongoing presale.

Toshi is a popular Base meme coin, with a strong attention in the crypto market, especially in DeFi space. It is a cat-themed token which became a leading base coin in Blockchain and offers interoperability with other networks by improving security, stability, and authenticity. The platform holds around 3,000 NFTs which adds uniqueness and creativity in the Toshi’s community. For both new and experienced users, Toshi’s wallets are very easy to use with the management of digital assets.

Echelon Prime is an ambitious project in the Base ecosystem that’s all about shaking up web3 gaming. They’ve got this utility token called PRIME that works for loads of different games. PRIME serves as the heart and soul of the whole Echelon ecosystem. It makes it possible to access special benefits, like exclusive games and services. The token, among other things, grants its holders governance rights. This means they have a say in how things are run through governance proposals. So, PRIME is way more than just buying and selling. It has impressive utility.

Aerodrome Finance is a simple and user-friendly decentralized exchange (DEX) on the Base Chain. The project is a next-generation Automated Market Maker (AMM) seeking to be a liquidity hub on the network. It combines the greatest features of well-known DeFi protocols, including Uniswap, Convex, and Curve, to provide cutting-edge trading and sufficient liquidity. Aerodrome offers competitive fees to its users as well as low slippage for traders. Aero currently has a market cap of $287.95 million and is available on exchanges such as Gate.io.

Axelar is considered the future of cross-chain messaging. The project is a decentralized routing platform with a focus on cross-chain communication. This means Axelar helps to connect different blockchains, allowing them to share and easily transfer data securely. The lack of interoperability has been one of the biggest drawbacks of the growth of the Web3 space. However, Axelar uses a decentralized routing protocol to facilitate easy interaction between chains. The AXL token is a governance and staking token, providing multiple utilities for holders. 

Brett is a memecoin on the Base chain. It has amassed a global fanbase, especially within the Base ecosystem. Brett’s biggest appeal lies in its comparison to other successful memecoins such as PEPE on the Ethereum network, which reached an impressive market cap of over $1 billion. Some of the project’s followers expect Brett to match other memecoins such as WOLF on Avalanche, which hit $30 million in market cap. Brett has enjoyed impressive publicity and hype. However, the project’s edge has been some strategic alliances with top cryptocurrency platforms and its position in the budding Base ecosystem. 

We’ve talked about Yearn Finance a couple of times, and that’s because they are pretty integral to the DeFi ecosystem. Yearn offers several in-demand DeFi products, such as lending and trading. The whole idea is to enable users to make the most of their cryptocurrencies and receive rewards. So, rather than having their assets sit idle, users can commit them to Yearn Finance’s pool and receive rewards. So, Yearn uses automation to get the best out of a user’s yields. The more a user locks on the Yearn Protocol, the more tokens they receive as rewards. 

Balancer is another top AMM platform. It is also a decentralized exchange as well as a liquidity pool. With Balancer, users can easily swap tokens and earn fees once they supply liquidity to pools. In addition, Balancer is a good destination for users to swap their ERC-20 assets. 

Osaka Protocol is a memecoin that leverages Shiba Inu’s smart contracts. The project’s affiliation with Shiba Inu has left its users hopeful that it might replicate the success of the famous dog-themed memecoin. Memecoins, like Osaka, are community-driven. Fortunately, Osaka is building a sizable community to drive its memecoin to success. Osaka, on its website, claims to foster an environment of equality and shared responsibility. So, Osaka’s design ensures that a user’s ownership determines their influence and responsibility within the community. The project also has some DeFI aspects to it, such as staking. So, the larger a user’s stake, the greater their responsibility.

Rocket Pool is a staking pool for Ethereum. rETH is the platform’s liquid staking token. It reflects the amount of ETH that is staked and rewards earned within the Ethereum proof-of-stake. Staking was one of the features introduced by Ethereum 2.0. And Rocket Pool ensures that anyone can support the new Ethereum without setting up and tracking a node. The core benefit of this protocol is that it allows users with less technical knowledge to stake.

Volatility is one of the main issues limiting the widespread adoption of crypto. However the Reserve Rights platform seeks to change this by introducing a dual-token system that provides low-friction transactions to users. The project also offers peer-to-peer transactions. 

At its core, the Reserve Rights platform is leading the asset-backed currency revolution. The project is backed by a basket of tokenized assets. It offers three major tokens. The first is the RSV stablecoin, which maintains value with the dollar. It also offers the RSR token and a collateral token held by smart contracts. The RSV stablecoin will provide safer and more reliable remittances for lower-income nations. Additionally, the RSR token serves as the governance token as well as a backstop to restore holders in the case of a token collateral default.

Base chain is a highly efficient blockchain network designed to support a wide range of decentralized applications and digital assets. It operates on a proof-of-stake consensus mechanism, which ensures faster transaction time and lower fees compared to the traditional methods. It primarily focuses on its interoperability by allowing seamless communication and transaction execution between multiple blockchain networks.

With robust security measures and an active developer community, Base Chain is emerging as a versatile platform for the upcoming generations, facilitating everything from DApps to smart contract features.

Investing in base coins through a decentralized platform offers a seamless and secure way to enter the crypto market. Here are some of the steps mentioned below for investing in base chain coins:

Step 1: Set up a digital wallet by choosing a secure, and non-custodial wallet.

Step 2: Download and install your chosen wallet, then create a new account and securely store your recovery phrase.

Step 3: Connect your wallet to a reputable decentralized platform.

Step 4: Once connected, you can browse through the available trade pairs on the platform. And do ensure that you have sufficient funds for initiating the process.

Step 5: Select the base chain coin you wish to invest in and initiate the trade.

Step 6: Confirm the transaction in your wallet, and the DEX will execute the swap by sending the base chain coin directly into your account.

Base chain supports a robust layer-2 scaling solution that combines humor with financial potential. Toshi and Brett are two of the most notable meme coins in the crypto market, as they have drawn a lot of interest and offer unique investment opportunities. Inspired by the renowned developer of Bitcoin, Toshi uses the cheap and fast transactions on Base Chain to give crypto enthusiasts an easy and accessible entry point. While Base is still a new chain, check out some of the best meme coins to invest in some of the other chains. 

In a similar way, Brett has become a well-known meme coin within the base chain network with its active community and engaging marketing. It has the potential to be highly profitable in the market with the influence of its meme ideas. Meme coins have high potential and the active communities that support their growth, because of which investors are becoming more and more interested in these coins.