Have you heard stories of people becoming rich this year? Statistically, it's likely to happen for memes. Is Basenji (ticker: BENJI) the next Shiba Inu of the Base ecosystem? Some people say it's more like Brett, but I argue that this is more akin to Shiba Inu. Basenji is a low-cap meme coin that many people are sleeping on.
This project has the story, partnerships, and real organic backers and engagement. Just like Shiba Inu, Basenji is based on a real breed of dog—the Basenji, the world's oldest dog breed. This breed literally shares its name with the coin. Do you understand? Just like Shiba Inu is based on the beloved Shiba Inu breed, Basenji is based on the beloved Basenji breed, the original man's best friend.
Some people say that BENJI is more like Brett since both BR and BENJI are on Base. However, I think Shiba Inu is the best comparison. Both represent popular dog breeds, and dog meme coins tend to shine through. Of course, Basenji is much more than just a cute dog meme. We've partnered with B today to make this discussion possible. If you use the Base chain and don't know about BENJI, you need to read this article!
Table of Contents
What makes BENJI unique?
So, what makes BENJI special? Firstly, BENJI is a community-launched meme coin without any bundles or full distribution, which is excellent. This is what makes Basenji a meme coin in its purest form; it’s truly for the community. They even have a Certik audit that evidences this project’s credibility, with a community score in the top 25%.
Another critical factor for Basenji's success is that it owns its intellectual property (IP). This is vital for their growth and business trajectory. Some meme coins find out too late that they lack the legal rights to use their memes, but Basenji owns its IP, like Shiba Inu. Furthermore, Basenji has a full in-house content studio dedicated to creating media and memes for the project. Regular video graphics are posted on their social media, showcasing the team's commitment for the long haul.
The analytics on X (formerly Twitter) show that they have 8 million impressions and 15.6 thousand followers. Additionally, they boast 9,000 members on Telegram, all of which are organic. A significant aspect that sets Basenji apart from other meme coins is its partnership with Wintermute, a leading crypto-native trading firm. Wintermute will provide liquidity for their exchange listing, which is a big deal.
Also Read: Understanding the Surge of XRP: Insights and Future Prospects
The 2025 meme coin opportunity.
Speaking of exchanges, it's still early for this project. BENJI is not yet listed on major exchanges, but I like Gate.io and Uniswap. They have been recognized by Coinbase and key players in the Base ecosystem as a pure-play meme coin. They were proudly added by Base into the official b.org ecosystem, contributing to 1.4 million transactions.
Jesse Pollock, the number one developer of the Base chain, even acknowledges the project. They have multiple partnerships that are firsts for Base chain projects, such as Unstoppable Domains and the launch of the Benji domain. Although there's more risk, there is also a lot more opportunity in meme coins, especially in a bull market.
Let’s pivot for a moment to discuss the greater opportunity here. Analyst Morad Mamudo shared a compelling thesis on meme coins for 2025. Statistically, many have become rich through meme coins like Pepe, Whiff, and others. Retail investors, like college students and taxi drivers, are seeing their friends making money through memes. This creates a momentum effect where they want to mimic that success.
tamagotchi game, tokenomics, charity
Now, let's talk about Basenji's unique features. This is the dog of the Base chain—unrivaled in intelligence, charm, and adventure. If you want to participate in their Tamagotchi game, it's pretty cool! You can compete on the community leaderboard to see how many days you can keep your Tamagotchi alive. So far, there have been 44,000 interactions!
Speaking of tokenomics, Basenji boasts a straightforward structure designed to endure for eternity. With a total supply of 1 billion tokens, it has a zero buy and sell tax, making it a seamless journey for investors. The renounced contract and burnt liquidity demonstrate its commitment to a fortified digital landscape.
They are also sponsors of America's largest Benji charity foundation, doing good work globally, including charity efforts in Africa. This project reminds me a lot of Shiba Inu, which has a market cap of $16 billion, while Basenji currently sits at a market cap of just $35 million. This comparison raises the question: could Basenji one day reach similar heights?
Relevant Data
|
|---|
BENJI is the next SHIB?
This is certainly a project to keep on your radar. I believe Basenji could become as significant as Shiba Inu one day or at least get closer. Perhaps in the short term, a more obtainable market cap is what Brett is at around $1.6 billion. This would be significant too. There is a lot going for this project, and more people are realizing that it exists.
final thoughts
As more people are drawn to this project, they will follow and engage with it. Check out their website and social media for more information. Don't miss out on the joy of owning plenty of Benji tokens. It's like discovering the perfect dog treat on Base. See you in the next post.
FAQs
- What is Basenji? Basenji is a community-launched meme coin based on the world's oldest dog breed, aiming to replicate the success of Shiba Inu.
- How does the Tamagotchi game work? Users can compete on a community leaderboard to see how long they can keep their Tamagotchi alive, fostering engagement.
- What are the tokenomics of Benji? Benji has a total supply of 1 billion tokens with zero buy and sell taxes, promoting easier trading.
- Is there a charity aspect to Basenji? Yes, Basenji sponsors America's largest Benji charity foundation and conducts charity work globally, including in Africa.