Introduction
The video explores five promising Base Chain crypto altcoins set to potentially 100x in 2024, highlighting the impact of a partnership between Blackrock and Coinbase on these assets.
Impact of Blackrock-Coinbase Partnership
- The collaboration between Blackrock, a leading asset management firm, and Coinbase is a significant boost for the Base ecosystem, signaling a new era of investment and innovation in crypto.
Highlighted Base Chain Projects
1. Aerodrome
- Features: Next-gen Automated Market Maker (AMM) built on Velodrome v2 tech, offering concentrated liquidity, automated voting, and a unique NFT Marketplace.
- Tokens: Utilizes aero for utility and ve-aero (an NFT) for governance.
- Innovation: Governance model, dynamic emission schedule, and a unique public goods engine developed with the Base team.
- Potential: Market cap of $200 million with a prediction of reaching at least $20 billion during a bull run, indicating a 100x potential.
2. Grand Base
- Objective: Serve as the gateway for all types of tokenized assets on the blockchain, addressing regulatory and liquidity issues of tokenized stocks and equities.
- Mechanism: Allows minting of ERC20 tokens representing real-world assets using USDC as collateral.
- Advantages: Provides complete autonomy and control over assets, supporting decentralized liquidity.
- Market Cap and Potential: Current market cap of $30 million with a potential to reach a $6 billion valuation, translating to a 200x increase.
3. Virtual Protocol
- Focus: Creating and monetizing AI personas for virtual interactions, incentivizing contributions to AI models.
- Unique Approach: Modular consensus framework dividing AI characters into brain, visual attributes, and voice, with contributions created as NFTs.
- Impact and Potential: With a current market cap of $180 million, a future valuation of $15 billion is possible, suggesting an 83x increase.
4. Toshi
- Transformation: From a traditional meme coin to a DeFi protocol integrating with Coinbase, offering a suite of utilities for the Base ecosystem.
- Utilities: Includes a Liquidity & Token Locker dApp, MultiSender dApp, and a Launchpad for IDO Incubation.
- Market Cap and Potential: Currently at $200 million, with the anticipation of reaching a $10 billion market cap, indicating a 50x potential.
5. Degen
- Origin: Launched as a meme coin with a points system on Farcaster, now evolving into a unique Layer 3 chain for various transactions.
- Functionality: The Degen token serves as the native token for transaction fees on Degen Chain.
- Market Cap and Potential: With a current market cap of $600 million, a bullish run could see it reach $40 billion, offering a 65x return.
Conclusion
The video concludes with optimism for the selected Base Chain altcoins, driven by strategic advancements and significant investment signals, such as the Blackrock-Coinbase partnership. These projects are posited as key players for potential massive gains in the crypto space for 2024.
