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Base, the Coinbase-sponsored second layer blockchain for Ethereum that prided itself on not having a proprietary token, has launched a proprietary token. After a brief rally of two hours on its surprise announcement, the newly minted BASEISFOREVERYONE memecoin crashed 88% within two minutes . Then, at 4:30pm, someone decided to pull the rug out from under buyers, and within seven minutes, its price crashed 94%. It has since rebounded to just shy of $10.4 million. Despite the token’s crash, Base didn’t delete its announcement tweet. Instead, it tried to renew enthusiasm for the disastrous launch. Founder Jesse Pollak made no apologies and carried on with his podcast tour while retweeting blame-the-victim style admonitions about “teaching a valuable lesson” to crypto speculators. Coinbase, meanwhile, has claimed that “Base did not launch a token.” A spokesperson told Cointelegraph, “This is not an official Base token, and Base did not...

The Shiba Inu Ecosystem is currently undergoing a transformative overhaul. With Shytoshi Kusama, the SHIB ecosystem’s lead developer, shifting to another role of a global ambassador, the community is pondering hard, contemplating the next big step that the ecosystem will be moving towards. In this wake, the SHIB ecosystem has also hinted about a new major collaboration. Also Read: Cardano: ADA To Surge 146% To Sit At $2: Here’s When Shiba Inu’s Major Announcement Update Source: Watcher Guru Shiba Inu’s ecosystem lead, Shytoshi Kusama, has recently embraced the new role of being a global collaborator. This means Kusama will now be heading a new division, a segment that involves onboarding deals and partnerships that help the SHIB ecosystem avail new price valuations and popularity. In this wake, Kusama has already teased a major partnership that is set to transport SHIB to a whole new level. Per Kusama, SHIB is ready to ink a major partnership with a powerful collaboration with a myster...

Amid the undeniable connection between both Dogecoin and Elon Musk, the SpaceX CEO has hinted that DOGE could return as acceptable payment for Tesla merchandise. Indeed, Musk took to his X (formerly Twitter) platform to signal the crypto’s return to the company. Dogecoin could certainly use the boost. The leading meme coin has struggled over the last several weeks. However, it looks to be turning around. If it were once again to be integrated into the Tesla business model, it could see a massive surge in value. Source – Bitcoinist Also Read: Forbes Predicts Dogecoin Price For 2030 Musk Hints at DOGE Again Being a Payment Option for Tesla Merch Elon Musk has long been connected to the Dogecoin crypto. The self-professed ‘Dogefather’ has not ceased his support of the asset. Although he has publicly discussed no longer pushing for the asset class, he has also publicly ensured his connection to the crypto. In a recent post, he only stoked those fires. Indeed, Dogecoi...