Base Chain's B20 Standard Meme Coin Brain Skyrockets 25x, Market Cap Surges Above $19 million

BlockBeats News, July 17, according to GMGN data, the on-chain Meme token Brain (Coinbase Man) of Base protocol briefly surged above a $19 million market capitalization, hitting a record high. It currently holds a $14 million market capitalization, with a nearly 25x increase in the past 24 hours and a 24-hour trading volume of $20.6 million.

The Brain (Coinbase Man) token follows the B20 native token standard introduced through the Base protocol's Beryl upgrade, named after Coinbase CEO Brian Armstrong.

BlockBeats Note: Meme coins experience significant price volatility, often driven by market sentiment and speculative trading based on concepts, lacking real value or utility. Investors should be aware of the risks.