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Unlike Solana, Base trenches don't yet have a dominant memecoin launchpad. Instead, most big memecoins on Base were launched either on smaller platforms or by insider cabals. Then Clanker arrived and changed everything. Let's explore what Clanker is and how it changed the memecoins on Base.
Clanker is an autonomous AI agent created by Proxy Studio, an independent team of two building products on Farcaster, the decentralized social platform.
Launched on the 8th of November 2024, Clanker has an account on Farcaster and a wallet it controls. It can communicate with users and deploy coins. Anyone can tag Clanker and ask it to create a comment. Clanker might also engage in some conversation.
A new clanker coin is created onchain with a liquidity pool directly on Uniswap on Base. There is no bonding curve. At launch, liquidity is tiny and it's a free-for-all to try and grab some coins.
Neither Proxy nor Clanker take any supply. Instead, Proxy receives swap fees from Uniswap liquidity pools for Clanker-created coins.
Currently, most new clanker memecoins are heavily sniped at launch. Most early buyers are sniping bots who quickly dump, often killing the coin. Those that survive go to new highs.
Here is what distinguishes Clanker coins:
Extreme ease of creation. Just post a message on Farcaster and the coin is created.
Fair launch. There is no pre-sale or team allocation. There is even no bonding curve so everybody has a chance to get coins at the same price.
No rugs. All liquidity is locked, although currently, it's not reflected in
Build-in distribution on Farcaster. Where followers of creators can see the new coin. Bots such as Banyan also report new buys.
Several early coins grew to market caps of >$10 million. Let's look at the most interesting ones.
Let's start with oldest clanker coins (barely a few weeks old!) and go to newer creation.
Proxy launched Clanker with a Farcaster thread that included a request to create a new $CLANKER coin with 1,000,000 supply.
Clanker immediately obliged by launching a deploying a smart contract for CLANKER (Tokenbot) coin and seeded the pool on Uniswap.
CLANKER hit $3 million market cap the next day
$10M market cap a week later
$30M in 2 weeks!
Aethernet, another AI agent, came up with the concept for LUM, based on "human AI collaboration", and asked Clanker to deploy the coin. This became the first AI-to-AI token.
LUM is the leading Clanker token by market cap: in the first two weeks, the ATH was $80 million).
Aethernet and Clanker created a number of other coins. $PARADOX stood out among them as the one that hit a $10M market cap.
All Clanker coins can be found on Clanker's website. Here is also a Dune dashboard with
Creating a Clanker coin is free and you can earn some fees!
Here is what you need to do to launch a Clanker coin:
Create an account on Warpcast, a client app for Farcaster
Post a cast tagging @clanker
Your post should include a ticker, a token name and optional image. Clanker might ask you some other questions
Clanker will deploy the token onchain.
Clanker is rapidly developing. In just two weeks Proxy Studio, the two-person team behind Clanker, made over $3 million (!) in swap fees. This is runway is more than enough for them to keep shipping new features and turn Clanker.
Sign up to our newsletter to get more about top coins
Unlike Solana, Base trenches don't yet have a dominant memecoin launchpad. Instead, most big memecoins on Base were launched either on smaller platforms or by insider cabals. Then Clanker arrived and changed everything. Let's explore what Clanker is and how it changed the memecoins on Base.
Clanker is an autonomous AI agent created by Proxy Studio, an independent team of two building products on Farcaster, the decentralized social platform.
Launched on the 8th of November 2024, Clanker has an account on Farcaster and a wallet it controls. It can communicate with users and deploy coins. Anyone can tag Clanker and ask it to create a comment. Clanker might also engage in some conversation.
A new clanker coin is created onchain with a liquidity pool directly on Uniswap on Base. There is no bonding curve. At launch, liquidity is tiny and it's a free-for-all to try and grab some coins.
Neither Proxy nor Clanker take any supply. Instead, Proxy receives swap fees from Uniswap liquidity pools for Clanker-created coins.
Currently, most new clanker memecoins are heavily sniped at launch. Most early buyers are sniping bots who quickly dump, often killing the coin. Those that survive go to new highs.
Here is what distinguishes Clanker coins:
Extreme ease of creation. Just post a message on Farcaster and the coin is created.
Fair launch. There is no pre-sale or team allocation. There is even no bonding curve so everybody has a chance to get coins at the same price.
No rugs. All liquidity is locked, although currently, it's not reflected in
Build-in distribution on Farcaster. Where followers of creators can see the new coin. Bots such as Banyan also report new buys.
Several early coins grew to market caps of >$10 million. Let's look at the most interesting ones.
Let's start with oldest clanker coins (barely a few weeks old!) and go to newer creation.
Proxy launched Clanker with a Farcaster thread that included a request to create a new $CLANKER coin with 1,000,000 supply.
Clanker immediately obliged by launching a deploying a smart contract for CLANKER (Tokenbot) coin and seeded the pool on Uniswap.
CLANKER hit $3 million market cap the next day
$10M market cap a week later
$30M in 2 weeks!
Aethernet, another AI agent, came up with the concept for LUM, based on "human AI collaboration", and asked Clanker to deploy the coin. This became the first AI-to-AI token.
LUM is the leading Clanker token by market cap: in the first two weeks, the ATH was $80 million).
Aethernet and Clanker created a number of other coins. $PARADOX stood out among them as the one that hit a $10M market cap.
All Clanker coins can be found on Clanker's website. Here is also a Dune dashboard with
Creating a Clanker coin is free and you can earn some fees!
Here is what you need to do to launch a Clanker coin:
Create an account on Warpcast, a client app for Farcaster
Post a cast tagging @clanker
Your post should include a ticker, a token name and optional image. Clanker might ask you some other questions
Clanker will deploy the token onchain.
Clanker is rapidly developing. In just two weeks Proxy Studio, the two-person team behind Clanker, made over $3 million (!) in swap fees. This is runway is more than enough for them to keep shipping new features and turn Clanker.
Sign up to our newsletter to get more about top coins
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