Base is hot rn but tbh I think many will lose money participating in these wild rotations, the best strategy is (imho) ⬇️

1. Identify first runners (these have the highest demand, top mindshare and attention, hence are more likely to outperform and hold up better during dips), smth like $LAY $NATIVE

Moreover they usually have active and doxxed team that did not stop building. You want to bid these.

2. Wait for a dip to ape. No need to FOMO and give EL to bagholders (just check $LAY chart and you'll get what I mean). Even tho Base is not Sol, there will be entries on old tokens as ppl sell old bags/TP.

3. Do not believe in fairy tails and TP accordingly. Some of these might do 3-5x which is very good, however very unsure about ATHs.

Still I do not like to see when dead stuff starts pumping on Base, I think that we might experience a flush there soon. This will be a good opportunity to bid the best tokens.

One more thing - we need new good launches on Base to keep the momentum. Pumping old tokens is good, but without new runners there will be more PvE and the momentum will be more short-lived as these old tokens have lower ceiling (bagholders, new stuff > old stuff due to our psychology, etc).