On February 3, the Base chain meme coin KellyClaude briefly surged to a market cap of $9.4 million, marking a historic high, before retreating to $6.8 million. Over the past 24 hours, the token saw a 60% increase with trading volume reaching approximately $7.6 million.
Boost from Exchange Listings
This price rise was mainly driven by KellyClaude's recent listings on exchanges LBank and MEXC, which brought renewed investor confidence and significant market attention.
Influencer Engagement Sparks Growth
In addition, Austen Allred's engagement on the X platform over the past hour generated considerable buzz, pushing the price of KellyClaude up by an additional 22%.
A Unique Blend of AI and Memes
KellyClaude emerged amid the AI-themed surge on the Base chain, centered around the concept of Austen Allred's Claude AI agent. It integrates AI meme elements with a transaction fee subsidy model to create a novel narrative.
Proceed with Caution
Meme coins are highly volatile, with their value largely driven by speculation and hype, often lacking real-world utility. Investors should carefully assess the risks and avoid impulsive decisions.