The grand platform of Coinbase, the colossal behemoth among Ethereum layer-twos (L2), boasts a treasure chest holding more than $5 billion in total value locked (TVL).
Peeking Behind the Curtain of Base’s Token Ambitions
Oh, Base, the swiftest and most economical of Coinbase’s offspring, once pointed at scornfully for leeching life from Ethereum’s veins, might soon sprout its very own token. A morsel of news popped up on a Monday, a teasing whisper from the cryptocurrency exchange’s corner. Check it out!
Birthed in 2023 devoid of a token, Base grew legs and ran wilder than any L2 tale in Ethereum’s land. Cheap, fast, and oh-so-profitable-like a rambunctious child, it cost the Ethereum blockchain an astronomical $50 billion, by the grand calculations of London’s suits at Standard Chartered. 🤑
“Base, this audacious child designed to solve Ethereum’s scaling pickle, funnels all its earnings, minus mere trifles, straight into the lap of its Houston parent, Coinbase,” lectured Standard Chartered with bureaucratic flair. “We reckon this merry-go-round has cost Ethereum’s purse a cool $50 billion.”
Yet, now, despite the waffling prose in its declarations, Base is poised, nearly bursting with the promise of a token that could set crypto tables alight. Its records so impressive, one would assume it sanctifies its future triumph. 🌟
“We’ve embarked on a whimsical journey to possibly birth a Base network token,” quipped Coinbase’s captain Brian Armstrong in jest. “It could, if the stars align, catalyze decentralization and ignite the fires of creation and development. But alas, it’s merely a dalliance. At this moment, we’re merely caressing the idea.” My dear word.
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2025-09-17 03:09