When people talk about a Base Network meme coin, a cryptocurrency token built on the Base blockchain that gains value through internet culture rather than utility. Also known as Base chain meme token, it’s often created in hours, promoted by influencers, and dumped within days. Unlike serious DeFi projects, these coins don’t solve problems—they ride trends. And with Base Network’s low fees and fast transactions, it’s become the go-to playground for meme coin creators looking to cash in fast.
But here’s the truth: Base Network, an Ethereum Layer 2 blockchain backed by Coinbase, designed for fast, cheap transactions and easy onboarding. Also known as Base chain, it’s a real infrastructure built for developers and users who want to avoid Ethereum’s high gas fees. That’s why so many meme coins live there. It’s not because they’re valuable—it’s because they’re cheap to launch. And that’s exactly why so many are scams. Look at BULEI or CovidToken—both were zero-value tokens with no team, no roadmap, and no future. They didn’t need to be good. They just needed to trick people into buying before the creators vanished.
Most Base Network meme coins have one thing in common: they rely on hype, not fundamentals. You’ll see posts promising "1000x returns" or "exclusive airdrops," but if there’s no whitepaper, no verified contract, and no liquidity locked, it’s a trap. Real projects like SOVRUN or KOII at least have a history, a team, and some actual use case—even if they’ve crashed. Meme coins? They’re digital lottery tickets with no winning numbers.
And don’t get fooled by fake airdrops. You’ll see claims about HGT, CANDY, or BABY tokens being given away for free—but if you’re being asked to connect your wallet or pay a gas fee to claim it, you’re already scammed. The only real airdrops come from established platforms with clear rules, and even then, you’re lucky if you get anything at all.
Base Network itself isn’t the problem. It’s a smart, efficient chain that powers real apps, DeFi tools, and even gaming tokens. But the meme coin frenzy? That’s just noise. And noise attracts predators. The posts below show you exactly how these scams work—what fake tokens look like, how exchanges disappear overnight, and how to spot the red flags before you lose your money. You won’t find a guide on how to get rich off a meme coin here. But you will find the truth about why most of them fail, and how to protect yourself from the next one.
DeFido (DEFIDO) is a nearly dead meme coin born from a 2021 Coinbase tweet. With almost no trading volume, no team, and zero utility, it's a cautionary tale in crypto - not an investment.