Alien Base crypto rallied about 60% in 24 hours at the start of the week amid renewed AI memecoin craze on Base.
was one of the new and best-performing assets on 28 October. The platform is a new decentralized exchange on Base for trading memecoins and is less than a month old.The platform’s native token, ALB, rose nearly 60% in the past 24 hours and was available on Alien Base andIts volume surged by over 200%, underscoring the level of speculative interest in the new token. It pumped from below $200K to nearly $600K in just a few hours.
In the case of an extreme downswing, ALB could retrace its recent gains and push toward $0.08 or $0.07.that despite being only a month old, ALB token users had surged to nearly 84K users.However, about 75% of the current supply was held by the top 10 addresses, making it highly concentrated to a few users, which could significantly impact the market direction for ALB. This could heighten its risk exposure besides being a new token.
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