Bitcoin24h $85,042.61+0.48%

Ethereum24h $1,603.58+1.50%

XRP24h $2.09+1.16%

BNB24h $593.17+0.62%

Solana24h $138.38+3.38%

Dogecoin24h $0.1596+2.92%

TRON24h $0.2417-1.55%

Cardano24h $0.6322+2.93%

UNUS SED LEO24h $9.28+0.57%

Chainlink24h $12.77+1.23%

What’s the deal with Zora, Base, and content coins?

Coinbase is adamant that Base didn’t launch a token or memecoin, while according to its creator, BASEISFOREVERYONE is a “content coin.”

Coinbase claims the token Base just launched isn’t actually a token at all

After a brief rally on its surprise announcement, the newly minted BASEISFOREVERYONE memecoin crashed 88% within two minutes.

Kaito launched an airdrop to users of Coinbase’s Base layer 2, and crypto influencers voluntarily doxxed their wallets to participate.

As Coinbase’s Base continues ceding market share to Solana, Kraken decided to simply list the Solana-based version of a popular Base token.

The launch of a new meme coin ‘FOMO’ on Coinbase’s Ethereum layer 2, Base, shows many are still willing to throw money at dubious projects.