How to Buy Meme Coins on Base

How to Buy Meme Coins on Base

are you late all the time to the hottest meme coins well that might depend of course on which chain that you’re using and in that case it is worth knowing how to buy meme coins early on Bas as for why Bas well it is the coinbase layer 2 Network and its hype is building big time not yet the same level course attention as salana but if you look at the recent data there are big gains in basically everything active addresses transactions decentralized exchange volume so getting into base now base meme coins now could be like getting a Dogecoin at tenth of a cent that is how big the opportunity is here and here’s the important thing base was created of course as mentioned by coinbase which is good because one coinbase is working on its soon to launch Smart wallet which is looking like the most userfriendly crypto wallet that’s ever hit the market and could help onboard massive amounts of people and that brings us to two coin base has a huge user base over 100 million people I think it was 121 122 million people the last reporting that can potentially be onboarded all those people through the smart wallet to buy the base chain memes so with all that in mind let’s move straight on to getting positioned in base meme coins and how exactly to do that first getting set up to trade you’re going to want to use metamasks you’re going to need to set that up load it up with some ethereum and you need to switch to the base Network for that you can go to Bas scan.org scroll to the bottom and click add base to metamask now base doesn’t have its own token it’s an ethereum layer to so you’re going to need to use ethereum for gas fees but it needs to either be bridged across and you can do that via the official Bridge or to send it directly from an exchange like coinbase to your wallet but select to send it on base instead of ethereum so you make sure it gets to the right place and that’s it now if if you’re on the base network with some bridged ethereum then you are ready to rock and roll and start deing into some memes you can already use Unis swap to go and buy coins just as you would if you were buying on ethereum one warning though you do need to make sure that you are buying the right coin tickers and a good way to be certain is by getting the actual contract address from an official site like coin market cap or coin Gecko and then pasting it into Unis swap for for example let’s say you want to buy the very popular and currently the biggest meme coin on base which is Brett we can go to the Brett Twitter account and seees from its followers and an engagement that it’s the real Brett account from there click over to the Brett website copy the contract address and paste it into Unis swap so that you know you’re buying the right token because there’s lots of imposters out there having said that Brett is relatively famous it’s been listed on okx and many other big exchanges so you can actually buy it on Exchange if you want to we’re talking about how to buy on chain so in this case you actually have a lot of options though but again just be aware all right and something else you might spot on the Brett site as a link to Dex tools which is a very popular and useful platform so stick around and we’ll look at how Dex tools can help you out as a meme coin investor right this is a top meme coin tool Dex tools is set up for Meme coiners and covers multiple chains but we’re looking for base gems you should go up to the top left and switch to base only the front page then is going to give you a rundown of all the hot coins and the current activity that we’re seeing on chain and if you click on a specific coin you get all kinds of useful information including the market cap the current liquidity the current volume you also get this checklist of reliability so you can avoid hopefully potential rug Poes okay now Brett for example has a green check for everything and a high Community Trust rating so it looks good or at least As Good As It Gets when we’re talking about these meme coins right so although we can buy on Unis swap like we said Dex tools also has a built-in exchange aggregator so you can just actually connect your wallet to Dex tools and then you can actually trade right there on the site which is super convenient and with Brett we can see it’s actually routing our trade through okx which is pretty cool right however for this way of trading you’re going to need wrapped ethereum or we but don’t worry wrapping your ethereum can be done super easily just as simple as making a swap on Unis swap okay as well as Dex tools there’s a very very similar platform called Dex screener and another popular one called bird eye so there’s a few options out there you can try them if you like but Dex tools is probably going to be enough for most of you watching okay so now you got the tools you might look at those lists of bizarre tickers and wonder well what the heck should I actually buy amongst all this craziness by now you’re probably thinking well this is all great right come on man tell me what coins I should buy well I can’t tell you what coins to buy meme coins trade on culture they trade on attention and they can instantly Skyrocket when you get yeah I don’t know an influencer shout out or referenced as a piece of be artwork or even thinking of Doge you know being boosted up by Elon Musk stuff like this so you know it’s really beneficial to follow what’s happening in the crypto scene crypto Twitter for example nft server discords stuff like this join relevant telegram channels what are people talk about what are people saying what are people putting their attentional money into generally have that ear to the ground but also even though everyone wants to grab that under the radar super Nano cap New Meme coin a solid approach is actually to bet more on leaders that have started pulling away from the pack maybe a bit less risk in that situation sure you’re not going to catch the super very earliest wildest riskiest stages so you won’t get that 10 billion x whatever return but jumping on the train when it’s already got some momentum can bag some really nice gains as it moves into the next stages of price appreciation of course you also don’t want to buy a local top so be a little bit careful right remember that Meme coins frequently have wild volatility super crazy crashes can happen almost overnight and there should be lots of decent entry points along the way if a token really is climbing the steps to that bigger market cap so what are the top base meme coins right now well when it comes to actual tickers of course some of the top memes on base include among many others as we mentioned we have Brett right we also have Toshi we have Normie there’s also one called Deen which is connected to a layer three Network called dgen chain but that’s a whole other Rabbit Hole D chain not for this video there are even lots of interesting lower market cap memes that are yet to really take off like Benji for example that have potentially really good potential the biggest though right now is Brett Brett at time recording had around like a $550 million market cap by comparison whff on salana is over 3 billion Pepe on ethereum 3.2 billion Sheba enu 16 billion and the granddaddy of meme coins Dogecoin has a market cap of over 23 billion and actually hit 90 billion last Market cycle that means there is room for base tokens to grow but if you’re buying you also need to pay attention to the dangers so let’s discuss meme coin risks first meme coins are super volatile and they can dump super hard way harder than you can expect you have to either take your profits fast quite possibly when you’re admiring the balance and you’re oh I’m so rich I’m such a genius and imagine just how much higher it’s GNA go or you just need to strap in and accept this is a roller coaster ride if you’re trying to hold that for a longer term throughout the cycle you need to accept massive volatility is it’s got either going to go to zero or make you Millions but you need to have that plan in place when you buy danger two is that the vast majority of coins meme coins will go to zero die horribly and never come back they’re going to rug pulse scam exit whatever lose attention that’s why as mentioned it can be a good idea to pick up coins that have already started to prove themselves as survivors in the market but as well as death by natural causes of course there are coins that crash because again rug poles happen and it’s crazy in fact investigations have found that one in six checked uh base meme coins were suspected scams while over 90% suffered from some kind of security vulnerabilities that’s crazy easy the key points then are to size accordingly and be ready to exit and be ready to accept massive volatility if you’re spraying and praying on new launches you know throw on 500 bucks at every new coin launch or whatever to make sure whatever that amount is it’s an amount that you’re comfortable to lose okay and Reserve larger bets for those more established mem coins it might not give you the same level of returns but are going to give you a lot less risk for meme coins anyway look this isn’t Bitcoin and none of these are bags that you probably want to be holding outside of a bull market let’s keep it real most of these things are going to go down so bad in the next fa Market overall though while meme coins might be a great crypto Casino you can give yourself a big Advantage by being early in the base ecosystem broadly speaking right now is early and it’s looking like it has really solid potential thanks for watching

The easy way to buy meme coins early on Base.
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00:00 Intro
01:18 Getting Set Up to Trade
03:20 A Top Meme Coin Tool
05:15 Which Coins Should I Buy?
06:47 Top Base Meme Coins
07:48 Meme Coin Risks

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Everything expressed here is my opinion and not official investment advice – please do your own research before risking your own money. Lark Davis (The Crypto Lark and affiliated brand Wealth Mastery) is not providing you individually tailored investment advice. Nor is Lark Davis registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. Lark Davis is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.