Base is for everyone's market capitalization exceeded $20 million, up 150% in 6 hours

On April 17, according to GMGN market data, the market value of Base is for everyone, a new meme coin in the Base ecosystem, exceeded $20 million and is now quoted at $20.56 million, up 150% in 6 hours. The 24-hour trading volume reached $26.3 million. Previously, Base officially posted "Base is for everyone" at 3:12 a.m. today, and said that it had minted relevant tokens on Zora. However, the minting time of the meme of the same name on the Base network was earlier than the official post of Base, and there were 3 wallet addresses that bought a large number of shares before the Base post and then sold them, which once caused the price of the coin to fall by more than 95%. BlockBeats Note: Meme coin trading is highly volatile, mostly dependent on market sentiment and concept hype, and has no real value or use case, investors should be aware of the risks.