Base chain activity has seen a notable increase, potentially driven by Rainbow's proposed acquisition of Clanker, which was ultimately rejected. Despite this, trading volumes for established tokens like ZORA and AERO remain robust. ZORA holds a market cap of $630.4 million with a 24-hour trading volume of $7.3 million, while AERO boasts a market cap of $1.9 billion and a 24-hour volume of $5.6 million. Meanwhile, new meme coins such as GONNER, PENGUIN, and QOA are experiencing high-frequency, small-amount trading. These coins, however, present significant risks due to their low market caps and short lifespans. BlockBeats cautions that meme coins often lack substantial use cases and are subject to high volatility, urging investors to exercise caution.