this is still the best asymmetric bet for tokenized memes on Base. Basecat starting its run today base dropped another X post on memecoins I still can’t believe this is at this current mc it’s at rn. doubling down more on this blue chip
Thread
Details
- Posted upstream
- 2026-09-03 16:42:39 UTC
- First seen
- 2026-09-16 19:16:26 UTC via trade comments
- Chain
- Base (8453)
- Token address
- 0xb200000000000000000000cfbdf64a8706a94a01
- Author's older theses
- 4
Other theses on this trade
Bluechip listed on coinbase spot today https://x.com/coinbasemarkets/status/2100251877065527691?s=46
Bluechip broke a significant level of resistance today ton of other KOLs started pushing this last few days and with Unipcs buying a massive amount of $basecat the r/r on base memes seems to be a no brainer Coinbase + base team has been oddly quiet last few days. I’m speculating they want to shake out weeks hands and get all the ducks in a row for what’s to come. Bluechip still seems like what $basecat should have been and a proper meme that reflects the corpo identity of Coinbase + base well oddly enough I continue to get follows from base team and likes on my base meme posts David Tse has replied and engaged with my content multiple o1 exchange founder Jerry Pan clearly hinting at something coming soon on his most recent replies Jesse pollack just recently liked another blue chip meme post when Basecat launched I was initially disappointed. clearly a rushed move by coinbase especially with how poorly the memes site and credentials was set up all it took was 8 days for Basecat to get listed and it sent to $30m mc instantly. once Bluechip has some catalyst event take place I expect other o1 memes to start its run very odd that the base team is still so quiet right now but I anticipate something is coming. trusting my Jung for now… time will tell https://x.com/thebrianjung/status/2094504565945119164?s=46
base followed bluechip on X. couldn’t be more obvious what will happen next https://x.com/gmakcrypto/status/2093702553544396987?s=46
send this higher underestimating the potential of this as I continue to think about this. price holding stronger than I expected
sold previously to rotate into some other plays hits the S-tier qualities of a true $200m mc meme to represent a chain. don’t forget it took Coinbase 8 days to get $basecat listed. the jungernaut has re-entered. will exit if I see major catalyst @kyle hold us down