Analysts at JPMorgan have estimated the potential token $Base at $34 billion, and Coinbase's stock immediately shot up by 9%. It’s not surprising that JPM sees potential in the Base ecosystem and $USDC.
First, there was the purchase of podcasts from Cobie for $25 million, and then the acquisition of his platform for attracting investments for $375 million.
The Coinbase Exchange sets new trading volume records as Coinbase CEO Brian Armstrong makes deals with politicians and visits Trump at the White House.
Jesse (the head of Base) is constantly active on Twitter, engaging with developers and posting a lot of information. Clanker was bought by Farcaster just a couple of days ago and is on the rise. All these signs create a lot of positivity for people immersed in Base.
We expect the token and, as a consequence, another bull market.