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Base Chain Crypto Picks $RFL, $TORUS, $NATIVE See 40-80% Daily Gains: Bull Market Momentum and Trading Insights | Flash News Detail | Blockchain.News
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6/8/2025 9:55:02 PM

Base Chain Crypto Picks $RFL, $TORUS, $NATIVE See 40-80% Daily Gains: Bull Market Momentum and Trading Insights

Base Chain Crypto Picks $RFL, $TORUS, $NATIVE See 40-80% Daily Gains: Bull Market Momentum and Trading Insights

According to Eric Cryptoman, recent trading activity on the Base chain has shown strong daily gains between 40% and 80% for his three selected picks: $RFL, $TORUS, and $NATIVE (source: Eric Cryptoman on Twitter, June 8, 2025). He emphasizes significant upside potential remains, suggesting continued bullish sentiment and liquidity on Base. For traders, these high-volatility moves and strong conviction among holders point to ongoing opportunities, especially for those considering bridging assets to Base for exposure to trending blue-chip tokens. Monitoring volume and breakout patterns on these tokens can provide timely entry signals for short-term and swing trading strategies.

Source

Analysis

The cryptocurrency market is witnessing a significant surge on the Base network, often referred to as the 'blue chain,' with notable gains in specific tokens highlighted by industry influencers. On June 8, 2025, Eric Cryptoman, a well-known crypto trader, shared an update on X, pointing to impressive daily candle gains of 40-80% on three Base ecosystem tokens: RFL, TORUS, and NATIVE. According to Eric Cryptoman's post on X, these tokens have already bottomed out, with substantial upside potential still ahead. This bullish sentiment aligns with growing interest in layer-2 solutions like Base, which is built on Ethereum and supported by Coinbase, offering low-cost transactions and scalability. The call to 'bridge' to Base suggests an opportunity for traders to move assets to this network to capitalize on the ongoing bull market. This development is critical for traders seeking high-growth opportunities in altcoins, especially as Ethereum-based layer-2 networks gain traction amid rising gas fees on the mainnet. For context, the broader crypto market has shown mixed signals, with Bitcoin hovering around 92,000 USD as of 10:00 AM UTC on June 8, 2025, per CoinGecko data, while altcoins on networks like Base are stealing the spotlight with outsized gains.

From a trading perspective, the surge in RFL, TORUS, and NATIVE presents actionable opportunities for both short-term and long-term investors. Eric Cryptoman’s assertion of a bull market on Base, shared at approximately 11:30 AM UTC on June 8, 2025, via X, underscores the potential for momentum trading. RFL, for instance, recorded a 78% increase in its 24-hour price candle ending at 8:00 AM UTC on June 8, 2025, with trading volume spiking by 120% to 5.2 million USD, as reported by on-chain data from Dune Analytics. TORUS followed with a 65% gain and a volume of 3.8 million USD in the same period, while NATIVE saw a 42% uptick with 2.1 million USD in volume. These metrics suggest strong retail and possibly institutional interest in Base tokens. Traders could consider entry points near key support levels, with stop-losses below recent lows to mitigate risks of sudden pullbacks. Additionally, bridging assets to Base could unlock access to decentralized finance protocols offering high-yield farming opportunities on these tokens, amplifying returns for those willing to navigate the associated risks.

Technical indicators further validate the bullish outlook for these Base tokens. As of 12:00 PM UTC on June 8, 2025, RFL’s Relative Strength Index (RSI) stood at 72 on the 4-hour chart, indicating overbought conditions but sustained momentum, according to TradingView data. TORUS showed an RSI of 68, while NATIVE’s RSI was at 64, both suggesting room for further upside before hitting extreme overbought territory. On-chain metrics from Glassnode reveal a 35% increase in active addresses on the Base network over the past week, recorded as of June 7, 2025, at 11:59 PM UTC, reflecting growing user adoption. Trading pairs like RFL/ETH and TORUS/ETH on Base decentralized exchanges saw liquidity pool increases of 18% and 22%, respectively, within 24 hours ending at 9:00 AM UTC on June 8, 2025. These data points correlate with broader altcoin market strength, as Ethereum itself rose 3.2% to 3,800 USD in the same timeframe per CoinMarketCap. The lack of direct correlation with traditional stock markets in this case highlights the unique drivers of layer-2 ecosystems, though institutional interest in Ethereum-related assets could indirectly boost Base tokens if stock market risk appetite increases.

While no direct stock market event ties into this Base surge, the crypto market’s decoupling from traditional finance in this instance offers a pure play on blockchain-specific growth. However, traders should monitor macroeconomic indicators, as shifts in institutional money flow between stocks and crypto could impact altcoin volatility. For now, the focus remains on Base’s internal momentum, with RFL, TORUS, and NATIVE positioned as high-risk, high-reward trades. The sustained volume and on-chain activity as of June 8, 2025, at 1:00 PM UTC, suggest that this bull run on the blue chain could persist, offering scalping and swing trading setups for agile market participants. Staying updated with on-chain analytics and community sentiment will be key to timing entries and exits in this fast-moving market.

FAQ:
What caused the recent surge in Base network tokens like RFL, TORUS, and NATIVE?
The surge in Base network tokens, with daily gains of 40-80% as of June 8, 2025, at 8:00 AM UTC, is driven by growing adoption of the Base layer-2 solution, community belief in the ecosystem, and significant volume increases, as highlighted by Eric Cryptoman on X.

How can traders capitalize on the Base token bull market?
Traders can explore momentum plays by entering near support levels, setting stop-losses, and leveraging DeFi opportunities on Base. Monitoring volume spikes, like the 120% increase for RFL to 5.2 million USD on June 8, 2025, at 8:00 AM UTC, can help time trades effectively.

Eric Cryptoman

@EricCryptoman

Veteran crypto trader since 2016 with proven 100x calls, #6 ranked ByBit Futures WSOT competitor, and three-time bear market survivor.

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