Base chain's infrastructure keeps building momentum, but here's what nobody wants to say out loud: meme coins aren't moving on tech alone anymore.

They need real catalysts. Or the entire market needs to wake up.

Take Basenji as exhibit A – sitting at a brutal 94% drawdown from its all-time high. That number isn't FUD, it's just math. Cold, unforgiving math.

Right now? You're essentially making one of two bets:

Either the broader crypto market stages a complete comeback (we're talking risk-on sentiment flooding back), or this coin catches lightning in a bottle with some viral breakthrough that cuts through all the current market anxiety.

The infrastructure narrative sounds great on paper. But price action? That's a different conversation entirely.