Coinbase’s, new blockchain network baseAfter the announcement, an altcoin with the only similarity in name to the subject increased by 385 percent.
the past day coinbase announced the mysterious news that millions of users have been eagerly waiting for. The stock market, which has been spreading the mystery of this news to the community for days, shared a bombshell effect yesterday evening. In this mysterious news of Coinbase, it was stated that it will create a new blockchain network.
Stating that it will establish an Ethereum Layer-2 network called “Base”, the exchange also led to speculation. With the effect of this news, a similar name altcoin, within hours increased by 385 percent.
Coinbase News Gives A Rise To Altcoin With Name Similarity
coinbase, Optimism ( KISS) with this new business plan, Ethereum Layer-2 announced that it will create a blockchain-based network. The name of this project was determined as Base. Aiming to build a faster and more reliable blockchain network, the exchange has sparked speculation on the back end.
With the news going on the air, Base Protocol ( BASE) has seen an almost quadruple rise within hours.
At the time when the news flow fell on social media, the name similar to the news but not related. BASEtoken, 2 dollarsfrom the levels for 7 dollars experienced a rise. However, this rise “Base Protocol has nothing to do with Coinbase” From the moment it was understood, it was replaced by decline. Cryptocurrency fell to the level of $ 1.6 within hours.
In this bullish and bearish scenario, Coinbase’sA detail in the news played an important role. Coinbase stated that this blockchain network it will create will not have any tokens.
