Most recent announcement from Coinbase led to 385% price rally on $BASE cryptocurrency, but in reality, it has nothing to do with the exchange
Despite the correction, some investors still believe that BASE could have value in the long run. The project is focused on building an asset that is pegged to the capitalization of the. This approach is seen as potentially more stable and less volatile than traditional cryptocurrencies, which could make it an attractive investment for some.
It is worth noting that the recent confusion and subsequent correction in the price of BASE is a reminder of the importance of conducting thorough research before investing in any cryptocurrency. Coinbase's BASE Layer 2 solution does not yet have a token, hence, you cannot invest in it directly.Arman Shirinyan is a trader, crypto enthusiast and SMM expert with more than four years of experience.
Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.
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