The Memecoin Frenzy: Thousands Enlisted in Base’s Economy by Jesse Pollak

Jesse Pollak, the creator of Base, highlights a specific category of crypto assets that is playing a crucial role in driving adoption for the layer-2 network supported by Coinbase. 

In a recent video shared on X, Pollak emphasizes how memecoins are instrumental in bringing “thousands and thousands of people” into the Base ecosystem. He notes that memes serve as a significant driver in attracting new participants and acknowledges the role of speculation in this dynamic. Pollak elaborates on how memecoins facilitate Base’s adoption through creativity, with memecoin creators actively engaging their communities and experimenting with various creative endeavors to appeal to a wider audience. 

He views memecoins as a cultural phenomenon that will significantly contribute to Base’s growth, projecting that these memes will attract millions more users in the future through continuous creative initiatives.

Clever Robot News Desk 24^th April 2024