The crypto market offers multiple opportunities for investors, particularly in base coins, which serve as foundational assets for multiple blockchain networks. With innovation and increased adoption, these coins have experienced significant growth in recent years. The price movements of Bitcoin and Ethereum play a crucial role in this surge.
Unlike volatile altcoins, base coins offer stability and the integration of DeFi with blockchain technology, helping users adapt easily to the market. Here are some of the best base coins to consider buying in 2024:
Aerodrome Finance
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 best features of well-known DeFi protocols, including Uniswap, Convex, and Curve, to provide cutting-edge trading and ample liquidity. Aerodrome offers competitive fees and low slippage for traders. With a market cap of $287.95 million, Aero is available on exchanges such as Gate.io.
Brett
Brett is a memecoin on the Base chain that has garnered a global fanbase, particularly within the Base ecosystem. Its appeal lies in its comparison to other successful memecoins like PEPE on the Ethereum network, which reached a market cap of over $1 billion. Brett’s followers expect it to match other memecoins such as WOLF on Avalanche, which hit $30 million in market cap. Brett has enjoyed impressive publicity and strategic alliances with top cryptocurrency platforms, enhancing its position in the budding Base ecosystem.
Reserve Rights
Volatility is one of the main issues limiting the widespread adoption of crypto. The Reserve Rights platform seeks to change this by introducing a dual-token system that provides low-friction transactions. The project also offers peer-to-peer transactions.
At its core, the Reserve Rights platform is leading the asset-backed currency revolution. Backed by a basket of tokenized assets, the project 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 aims to provide safer and more reliable remittances for lower-income nations, while the RSR token serves as the governance token and a backstop to restore holders in the case of a token collateral default.
