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FollowingSilent tokens on the Base chain suddenly awaken
While Solana and Robinhood Crypto dominated the headlines of the memin news, the Base chain spent most of the time on the sidelines. This situation has taken a dramatic turn in the $DOJI token: the memin, named after the dog of well-known cryptocurrency person Cobie, has soared by more than 40,000% in 24 hours after nearly eight months of silence. The market value of the token has exceeded the US$1 million mark.
This trend is particularly prominent even in markets accustomed to violent fluctuations. Short-term volatility on the Base chain is still high, with a 24-hour rise and fall of about 8% is considered the norm, but the large number of active projects has made Base one of the largest single-chain memein ecosystems outside Solana. Against such a noisy background, the 40,000% increase in a single day is still eye-catching.
Cobie's correlation effect
The token was inspired by a post Cobie posted in 2021 about his dog Doji. Cobie, whose real name is Jordan Fish, is one of the most well-known figures in the cryptocurrency field. His popularity soared during the great bull markets of 2017 and 2021, when he was at the forefront of key narratives such as DeFi, NFT and Ethereum expansion. Notably, Coinbase announced in October 2025 that it would acquire its online capital raising platform Echo for approximately $375 million in cash and stock. This cultural influence is the raw material on which the memin market relies.
This pattern is no stranger: an Internet hotspot related to encryption, a silent contract, suddenly rediscovered, and then prices soar vertically.$ What makes DOJI special is the scale of its awakening and the length of previous silence. Nearly eight months of silence followed by a 400-fold increase, which is extraordinary by any standard.
Like all memes, the risk is equally significant. Memoin experiences extreme price fluctuations in a short period of time, making it unpredictable and a high-risk investment. In 2025 alone, the carpet pulling scam caused more than $2.8 billion in losses.$ Whether DOJI can maintain a considerable part of its increase or quietly return to silence remains to be seen. This article does not constitute investment advice. Please study by yourself. NFA。DYOR。
