TREE NEWS update: Base meme coin BLUECHIP surged over 780x intraday, with its market cap briefly exceeding $3 million, now around $2.98 million. The narrative revives a 2014 old meme from Coinbase product lead Cobie’s early trading posts. Odaily reminds investors of high volatility risk.
Base Meme Coin BLUECHIP Surges 780x, Market Cap Tops $3M
The revival of a decade-old meme tied to a Coinbase figure shows how narrative scarcity on Base can still drive extreme moves, even at a modest market cap. What matters is whether this is a one-off nostalgia trade or part of a broader pattern of Coinbase-adjacent lore being repriced onchain. The open question is whether such surges attract durable liquidity or simply rotate into the next story; the reminder of volatility risk is itself the signal that this remains a speculative corner.
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