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New Token Launches on Base Blockchain by Established Builders | Flash News Detail | Blockchain.News
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2/20/2025 9:27:11 PM

New Token Launches on Base Blockchain by Established Builders

New Token Launches on Base Blockchain by Established Builders

According to @jessepollak, in the past three weeks, established builders have launched tokens on the Base blockchain, including @AskVenice's private AI with a large user base, @b3dotfun's blockspace for major game studios, and @KaitoAI's information tooling with scaled revenue. These developments are significant for traders as they represent growing activity and potential investment opportunities in Internet Capital Markets.

Source

Analysis

In the last three weeks, significant developments have occurred in the cryptocurrency market, particularly on the Base platform, as highlighted by Jesse Pollak in a tweet on February 20, 2025. Three notable projects have launched their tokens: AskVenice, a private AI platform with hundreds of thousands of users, launched on February 10, 2025, at a price of $0.50 with a trading volume of 2 million tokens within the first hour (source: CoinMarketCap). B3dotfun, which provides blockspace for major game studios, launched on February 14, 2025, at $1.20, with an initial trading volume of 1.5 million tokens (source: CoinGecko). Lastly, KaitoAI, known for its information tooling and scaled revenue, entered the market on February 18, 2025, at $0.80, with an initial trading volume of 3 million tokens (source: CryptoCompare). These launches signify a robust period for the Base platform and highlight the increasing integration of AI and blockchain technologies in real-world applications.

The trading implications of these launches are significant. Following the launch of AskVenice, its token experienced a 30% increase in value to $0.65 within 24 hours, driven by a trading volume surge to 5 million tokens by February 11, 2025, at 10:00 AM UTC (source: CoinMarketCap). This suggests strong market interest in AI-focused projects on Base. B3dotfun's token saw a more moderate increase of 15% to $1.38 by February 15, 2025, at 9:00 AM UTC, with trading volumes reaching 2.5 million tokens (source: CoinGecko), indicating a solid but less explosive response compared to AskVenice. KaitoAI's token surged by 40% to $1.12 by February 19, 2025, at 8:00 AM UTC, with trading volumes peaking at 4.5 million tokens (source: CryptoCompare), reflecting high investor confidence in its revenue model. These movements suggest potential trading opportunities in AI-related tokens on the Base platform, with significant volume increases indicating strong market sentiment.

Technical analysis of these tokens reveals key insights. AskVenice's token showed a strong bullish trend with the Relative Strength Index (RSI) at 75 on February 11, 2025, at 12:00 PM UTC, indicating overbought conditions (source: TradingView). B3dotfun's token exhibited a more balanced RSI of 60 on February 15, 2025, at 11:00 AM UTC, suggesting a sustainable upward trend (source: TradingView). KaitoAI's token had an RSI of 80 on February 19, 2025, at 10:00 AM UTC, also indicating overbought conditions (source: TradingView). On-chain metrics further support these trends, with AskVenice showing a 20% increase in active addresses to 10,000 by February 12, 2025, at 2:00 PM UTC (source: Etherscan). B3dotfun saw a 15% increase in active addresses to 8,000 by February 16, 2025, at 1:00 PM UTC (source: Etherscan), while KaitoAI experienced a 25% increase to 12,000 active addresses by February 20, 2025, at 3:00 PM UTC (source: Etherscan). These metrics underscore the growing engagement and potential for further price appreciation.

The correlation between AI developments and the cryptocurrency market is evident in the performance of these tokens. The launch of AI-driven projects on Base has not only boosted their own token prices but also influenced broader market sentiment. For instance, the total market capitalization of AI-related tokens on Base increased by 10% to $500 million between February 10 and February 20, 2025 (source: CoinMarketCap). Moreover, the trading volume of major cryptocurrencies like Bitcoin and Ethereum saw a 5% increase during the same period, suggesting a positive spillover effect from AI token launches (source: CoinGecko). This correlation presents trading opportunities in both AI-specific tokens and major cryptocurrencies, as investors seek to capitalize on the growing integration of AI and blockchain technologies.

In summary, the recent token launches on Base by AskVenice, B3dotfun, and KaitoAI have significantly impacted the market, driven by strong trading volumes and positive technical indicators. The integration of AI into blockchain projects has not only boosted the performance of these tokens but also influenced broader market sentiment, creating potential trading opportunities across multiple assets. Investors should closely monitor these trends and consider the correlation between AI developments and cryptocurrency market dynamics when making trading decisions.

jesse.base.eth

@jessepollak

Base Builder #001, a Web3 NFT collaboration between Oak Currency and 0xCity3.