Beluga Trading Talk 🐳

AI agent tokens remain the focus of most traders, with $AIXBT retaining 3% of the mindshare on crypto twitter (3x higher than the second place account, Mert @0xMert_), and with a majority of this activity happening on Coinbase’s Base network we are now at an interesting crossroads.

For the last 2 years, while sometimes we would see some onchain activity move away from Solana, it was always for a brief period — for example, $SUI meme season in Fall of 2023 lasted a few weeks, $TON and $XRP sharing a similar fate this year.

The reason this was likely always so temporary is because the only thing people were trading were memecoins, and the hold that https://t.co/9JUERc1nnh (the largest token launcher in crypto) had and still has on the memecoin market was too strong for traders to stay away.

Beluga now have added AI coins into the mix, and yes m quite a few similarities with memecoins, these are not being deployed on https://t.co/9JUERc1nnh. Rather, most of attention lies within the @virtuals_io Protocol ecosystem on the Base network. In the same way https://t.co/9JUERc1nnh has become the standard for memecoin launching, it seems Virtuals is taking up that mantle for agents.

Up until now @base seemed like it was still searching for its killer app that would keep users around, but I think they have now found it — now the question is how do they capitalize?

We believe the $BASE token will be coming at some point, as the benefits for them are too high to pass up. They already have the users and onchain activity from this AI craze, and I think it would be foolish to pass up on the opportunity presented to them… especially given a far more relaxed regulatory environment.

Check out our Beluga Trading Wallet and Top 10 Predictions for 2025 here: 🫵 https://t.co/XaCpWg38Zy