alkimiya

Memes are getting @base(d). In the past 24h, mindshare for Base and its AI agents has overtaken Solana’s by ~20% and memecoins’ migration from @solana have been a long-standing occurrence.

👉🏻 Missed the memecoin train? Did you know that you can ride on the rise of memecoins without touching any of them by longing the revenue of Base rollup?👈🏻

Or if you want to go down the rabbit hole, let’s dive in 🧵

Solana is a blockchain built for mass adoption ◎ Fast, composable, green, and globally distributed. 

https://solana.com

Farcaster by @solanafoundation

What happened in the past 24h and why are Base memes overtaking Solana’s?

Let’s do a comparison on Base vs. Solana:

1️⃣ Base has lower fees compared to Solana, especially during high network congestion periods

2️⃣ Ecosystem integration and diversification is easier via Base than Solana

3️⃣ Memecoin communities tend to follow momentum, and Base has gained significant attention in 2024 for memecoin launches. Along with the launch of Clanker and Bankr, deploying tokens on Base is extremely seamless.

With these foundational differences, it’s no surprise that @solana memecoins are migrating to @base.

icymi, @grok launched a token on Base

thanks to @bankrbot and Clanker’s trading mechanisms, Grok’s AI-controlled wallet is already stacking fees ($200K+ and counting)

why does it matter? AI is owning wallets, making markets, and generating revenue.

welcome to the future.

Base

Case in point: Base Revenue is up 127.93% from yesterday.

This may be a coincidence due to memes’ extreme volatility. But one thing’s for certain — if you took a Long position on Alkimiya, you just might have (wag)MI-ed.

What happened in the past 24h and why are Base memes overtaking Solana’s?

Let’s do a comparison on Base vs. Solana:

1️⃣ Base has lower fees compared to Solana, especially during high network congestion periods

2️⃣ Ecosystem integration and diversification is easier via Base than Solana

3️⃣ Memecoin communities tend to follow momentum, and Base has gained significant attention in 2024 for memecoin launches. Along with the launch of Clanker and Bankr, deploying tokens on Base is extremely seamless.

With these foundational differences, it’s no surprise that @solana memecoins are migrating to @base.

https://x.com/base/status/1899186780290846870