base token speculation is limited bc there’s no “best case scenario” 

most big tokens are uninspiring and it’s not clear that Coinbase actually wants to support this side of the ecosystem

Imo coinbase is supporting DeFi tokens heavily (invest & list in aero & moon well) and also supportive of memes with content they post.

Degen got a listing after turning into a tech project and I’d say it showed already that tokens on Base (also Brett) can get massive valuations aka the ceiling is high.

Nevertheless, the pump came from a very bullish core community of degens on Farcaster that believed degen could be a play for base x Farcaster and helped degen go from 0-300m.

Ofc crypto twitter, Solana people, funds had to buy in to get it to the B$ valuation - and those aren’t playing the micro shitters on Base.

Create select breakout tokens with strong communities and I’m sure Coinbase helps (their people are active here anyways) and the interest from outside will come back because everyone sees the BASE potential (Farcaster to a lesser degree)