Home New Token Based Degen Club ($BDC) Pumps 600% On Launch Day To $1.4M Market Cap

New Token Based Degen Club ($BDC) Pumps 600% On Launch Day To $1.4M Market Cap

New token Based Degen Club ($BDC) token pumped from $200K to an over $1.2M FDV in less than 12 hours of its launch yesterday, a 675% increase.

$BDC currently holds a $1.37M FDV just under 24 hours from its listing.

$BDC price chart

Source – DEXTools

What Is Based Degen Club?

As the Based Degen Club launches the $BDC token, it aims to make wealth creation in cryptocurrencies accessible to everyone. Using the Base blockchain, $BDC breaks away from traditional finance to empower more people with decentralized principles.

$BDC already shakes the crypto world, with the hashtag #BDC trending on Twitter. Renowned figures like Tony G (@TonyGuoga) are joining the Based Degen Club.

Tony G has 82k followers and can often be found playing high stakes poker in USDT at CoinPoker.

2024 influencer of the year award winner Mando CT (@XMaximist) has shown strong support by commenting on the pinned tweet of @BasedDegensClub, highlighting significant backing from top-tier individuals in the market.

$BDC Meme Coin Potential

Meme coins like $BDC, characterized by their inspiration from internet memes and cultural references, have demonstrated the potential for significant financial gains, fueled by their widespread appeal and rapid value appreciation. In a time when memes have a big impact, $BDC’s approach has proved to be a savvy business strategy.

BDC Twitter

Source – Based Degens Club on Twitter

What sets $BDC apart is its association with panda memes, which infuse the token with a unique identity and an element of fun. This aims to broaden $BDC’s appeal, attracting a diverse array of investors drawn to its features and investment prospects.

The surge of some Base tokens, valued at a staggering $2 billion, underscores the immense potential for growth within the cryptocurrency ecosystem. Within the Ethereum layer-2 network, Base has witnessed an extraordinary doubling of its total value to $2.13 billion in less than a month.

The Based Degen Club remains committed to its mission of fostering a more inclusive and enjoyable crypto experience. With a focus on security, growth, and community, $BDC seeks to eliminate barriers to financial success and usher in a new era of decentralized wealth creation.

Find more recent and upcoming meme coin launches on our top meme coins page.

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the gambling and blockchain industries for major developments, new product and brand launches, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

James Spillane
Crypto Writer

James Spillane is a crypto trader and writer, producing analytical articles for ReadWrite on the latest market trends and price action of trending assets. Hailing from the UK, James is a BSc Physics graduate from Imperial College London and former Cadet Force Adult Volunteer with Bedfordshire & Hertfordshire Army Cadet Force. When not writing and editing, James enjoys working out and travelling, currently working remotely in South East Asia. James' latest coverage focuses on the growing meme coin market, tracking assets like Dogecoin and Shiba Inu and newer contenders to their market share.