Recently, the L2 network Base launched by Coinbase has aroused heated discussions in the crypto community because the meme currency BALD issued based on Base has increased by a thousand times a day, attracting tens of millions of dollars in hot money. However, the BALD token price began to fall sharply as Bald withdrew a large amount of liquidity, causing the BALD price to drop significantly. 🤔

What is the reason behind BALD? What is the future direction of the Base chain? Ecological projects on the Base chain include Pike Protocol, MES Protocol, Volmex Finance, Backed Finance, and Perennial. Although they are still in their early stages, the success of these projects will depend on whether they can attract those who are looking for a more affordable and more cost-effective solution. Efficient way to use Ethereum users. If Base can deliver a compelling value proposition, it could become a major player in the Ethereum ecosystem. 🚀

In summary, Base Chain is more than just a Meme coin blockchain, it has many promising projects that could make it a viable alternative to Ethereum. Let us wait and see the future development of Base chain! 😃