The lure of meme-coin fortunes – such as BALD, which jumped 4,000,000% before collapsing – in a starved market likely helped Base attract some $68 million in ether (ETH) in less than 48 hours. At the time, Base ended up recording over $200 million in trading volumes and more transactions than popular networks such as Arbitrum over the weekend.
Coinbase’s Much-Hyped Base Blockchain Draws Modest $10M of Inflows on Day One
