<p>In recent days, the meme project Mister Miggles on the BASE platform has taken the crypto world by storm. With an astonishing peak surge of over 1100% within just three days of its listing on LBank, Mister Miggles has become a hot topic of discussion among investors and enthusiasts alike. This impressive performance underscores LBank&#39;s exceptional strategy of selecting and listing meme coins ahead of other exchanges, further solidifying its reputation in the market.</p><p></p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/99b14c34617c4d17907a186e9f0c3415.png" /><h2 id="header-0">Meme Coins: The New Battleground for Mainstream Blockchains</h2><p>Meme coins have become a significant factor in the competition among mainstream blockchains. Ethereum and Solana have traditionally dominated this space, drawing in substantial investor interest. Now, the BASE platform appears to be emerging as a strong contender in the meme coin arena.</p><h2 id="header-1">The Role of Coinbase and the Appeal of the Cat Theme</h2><p>The success of Mister Miggles is not solely due to its listing on LBank; Coinbase played a pivotal role in its rise. On July 17th, Coinbase teased an announcement with a tweet featuring a cat video, hinting at significant news to come. This move stirred market excitement, leading to the creation of related meme tokens. Although initial market reaction was lukewarm, the subsequent developments proved to be game-changing.</p><p>That evening, Coinbase released a one-minute video telling the story of a cat named &#34;Mister Miggles,&#34; who became a viral meme sensation after a photo of him spread like wildfire. Coinbase minted Mister Miggles content as NFTs to celebrate the future of the internet. Additionally, Coinbase launched the &#34;Onchain Summer&#34; campaign, encouraging creators to start projects on-chain to gain more control, fairness, and profit, with all proceeds supporting the Emerging Creators Fund.</p><p>As of this writing, Mister Miggles NFTs have been minted over 55,000 times, with more than 29,000 holders. The promotional video for Mister Miggles has garnered over 380 views. The &#34;Onchain Summer&#34; initiative has also spurred the community to produce numerous related memes, many of which have seen thousands of mintings.</p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/9411e9a9d5604458a14411d466edd27d.png" /><h2 id="header-2">The Meteoric Rise of $MIGGLES</h2><p>Following Coinbase&#39;s video release, BASE founder Jesse Pollak boosted the popularity of $MIGGLES by purchasing $MIGGLES with 0.3 ETH and tweeting &#34;GASLESS MIGGLES.&#34; Pollak&#39;s subsequent retweets of Mister Miggles memes added to the buzz. $MIGGLES surged over 1100% within just three days of its listing on LBank, with its market cap briefly exceeding $73 million.The Meteoric Rise of $MIGGLES</p><p>Following Coinbase&#39;s video release, BASE founder Jesse Pollak boosted the popularity of $MIGGLES by purchasing $MIGGLES with 0.3 ETH and tweeting &#34;GASLESS MIGGLES.&#34; Pollak&#39;s subsequent retweets of Mister Miggles memes added to the buzz. $MIGGLES surged over 1100% within just three days of its listing on LBank, with its market cap briefly exceeding $73 million.</p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/ab476bb989bc4e9baf325ed4a8229c4f.png" /><h2 id="header-3">The Future of Cat-Themed Meme Projects</h2><p>Cat-themed meme projects have become a focal point of market speculation. Whether BASE can leverage the story of Mister Miggles to continuously attract meme traffic remains to be seen. However, LBank&#39;s foresight in listing $MIGGLES before any other exchange showcases its adept strategy in identifying and promoting promising meme coins, giving it a competitive edge.</p><p>In conclusion, the rapid ascent of Mister Miggles underscores the potential of meme coins and highlights LBank&#39;s savvy approach in the crypto market. By being the first to list $MIGGLES, LBank not only set the stage for its remarkable growth but also reaffirmed its status as a leader in the exchange landscape, consistently outpacing its competitors.</p><p></p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/f993320936954ea1908e7dcda881fd82.png" /><p></p>

Mister Miggles: The Meme Coin Phenomenon Soaring Over 1100% on LBank

Table of Contents

LBank

Other articles published on Jul 25, 2024

Sygnum Bank Reports Profit After Significant Increase in Crypto Trading Volumes

Bitcoin Tumbles as Mt. Gox Executes Massive BTC Transfer: How Much

India finally opens its doors to Chinese investments

According to Latest Research, Fair XRP Price Should Be Under $5 – Discover the Top 5 Undervalued ...

Mystiko Network accused of insider trading in second airdrop

A detailed review of the newly unveiled 2024 National Digital Economy and E-Governance Act

Join our free newsletter for daily crypto updates!