Odaily News At 3:12 am on April 17th, Beijing time, Base officially released the "Base is for everyone" token on the Zora platform, and its market value once soared to 15 million US dollars. Then at 4:30, a second token named "Base @ FarCon 2025" was launched, causing the market value of the former to drop to 1 million US dollars in a short period of time, and now it has rebounded to about 6.7 million US dollars.
Base officials later said that the move was aimed at encouraging content to be put on the chain and promoting the development of on-chain culture, emphasizing that "Base has never sold these tokens, and these tokens are not official network tokens of Base, Coinbase or any related products." Officials said that this is a public experiment and will continue to explore how cultural content can be expressed on the chain.
Odaily reminds users that the price of Meme coins fluctuates greatly, so investors are advised to participate with caution.
