
DEGEN Cryptocurrency Sees a 20% Rise This Week: Are We Entering a Bull Market?
The DEGEN cryptocurrency has surged by nearly 20% over the past week, raising speculations of a resurgence in altcoins.
One of the prominent meme coins on the Base network, DEGEN crypto, has seen a nearly 20% increase in the last week. Meanwhile, the unofficial mascot of Base, BRETT, has risen by 7% during the same period, signaling a potential upcoming season for Base altcoins.
Currently, attention is largely directed at Solana due to the recent uptick in the Bonk ecosystem and the much-anticipated launch of the Pump.fun token, which has captured significant social media interest.
However, there is concern that the PUMP token might siphon considerable liquidity from the market, providing an opportunity for Base to act as a refuge for on-chain enthusiasts.
Base Chain Sentiment Check – DEGEN Crypto Leading The Way Right Now
DEGEN crypto has emerged as a noteworthy project on the Base chain, initially stemming from the decentralized social platform Farcaster. It has rapidly become a defining entity within the social network while expanding into the larger Base ecosystem.
Since its launch in January 2024, DEGEN has remained relatively unnoticed until March when its price skyrocketed from around $0.0008 to $0.056 in less than a month, marking a massive increase of nearly 70x, which established its all-time high that continues to stand.
The game changed in October last year when DEGEN received a listing on Coinbase—a significant milestone not yet achieved by any other meme coin in Base, including BRETT.
This accomplishment solidified DEGEN’s position on Base, as it brought along the steady trading volume associated with being featured on one of the largest centralized exchanges worldwide.
Even in the current environment characterized by low trading volumes, DEGEN consistently sees over $10 million in daily trading, an impressive performance for a project valued at merely $80 million.
However, DEGEN’s market cap is currently down 94% from its all-time peak, presenting a promising risk-reward situation for this leading Base project that has faced struggles along with the broader market downturn. Reaching its price heights from March 2024 would necessitate a 15x price increase, but this seems within reach for a well-established meme coin on Base, especially given its accessibility to over 10 million active monthly users on Coinbase.
Meanwhile, BRETT stands as the predominant meme coin on Base, boasting a market cap of $430 million. It was the first meme coin from Base to achieve a valuation over a billion dollars, peaking at $2.1 billion in December 2024.
Utility On Base – GIZA Holding Well As A Leading AI Project
GIZA crypto has made strides as a powerful entry in the AI space within Base. Dominated by Virtuals, GIZA acts as a fundamental protocol for integrated, automated decentralized finance (DeFi) systems.
It hit a maximum of $0.5 at the start of June, corresponding with a peak interest in the Base ecosystem, before settling back down to approximately $0.175.
With market dynamics shifting away from Base towards Solana and its Bonk ecosystem, GIZA’s capacity to maintain a market cap between $10 million and $40 million showcases its durability and prospective long-term viability.
GIZA successfully garnered $6.7 million across three funding rounds between 2023 and 2025, supported by notable venture capitalists including Coin-Fund, Coinbase Ventures, and Arrington Capital. This powerful backing has allowed GIZA to concentrate on enhancing its DeFi AI Agent ecosystem.
The project empowers users to gain returns through intelligent AI agents equipped with sophisticated trading strategies, with GIZA’s dashboard indicating a rise in all utility-based metrics.
With a trading volume exceeding $323 million, marking a 37% week-over-week increase, and total assets managed by these agents surpassing $11.2 million—up 16% over the same week—GIZA exemplifies the potential of Base chain tokens that may benefit from revived market attention and liquidity.