Bought some $BASE for the rebase meme. And also it’s about time I give back some of my money to the market hahaha...
Zero idea what’s the strategy for $BASE btw.
But if we are back in a sub50iq and greedy market, this should be a no brainer to grab a small bag with. Imagine if it becomes the next $AMPL...
I’m prepared to lose money anyway, so whatever hahaha.
But if we are back in a sub50iq and greedy market, this should be a no brainer to grab a small bag with. Imagine if it becomes the next $AMPL...

I’m prepared to lose money anyway, so whatever hahaha.
Sooooo apparently there's some FUD going on with $BASE.
Idk anons, like I said, I'm playing this with a small bag and I'm prepared to lose everything in the event of a rug.
Don't go full retarded and stay safe!!
Idk anons, like I said, I'm playing this with a small bag and I'm prepared to lose everything in the event of a rug.
Don't go full retarded and stay safe!!
$BASE REBASE IS BASED
Apparently did a 3x since my entry. $20mil mcap -> $58mil mcap now.
Oh yes, the rebase was frigging 300%+ LOL. The ponzi train must go on. CHOO CHOO
(Btw take some profits pls...)
Apparently did a 3x since my entry. $20mil mcap -> $58mil mcap now.
Oh yes, the rebase was frigging 300%+ LOL. The ponzi train must go on. CHOO CHOO
(Btw take some profits pls...)
$BASE - 53mil mcap
$AMPL - 387mil mcap
Won't be surprised if degen Amplechads switched over to the Based side
$AMPL - 387mil mcap
Won't be surprised if degen Amplechads switched over to the Based side

A friend told me that $BASE does not use TWAP (aka average) for their rebase mechanism. The rate is based on the price during rebase time (t).
Which means that degen whales have the incentive to push up the prices before t to spike the %.
Now that's some insane game theory
Which means that degen whales have the incentive to push up the prices before t to spike the %.
Now that's some insane game theory
Or conversely, they could mass sell to crush it before (t) to devalue the %
Interesting experiment here
Interesting experiment here
You can find out more by reading $BASE's whitepaper https://dashboard.baseprotocol.org/ .
tbh my 50iq cant comprehend what it's trying to explain LOL.
tbh my 50iq cant comprehend what it's trying to explain LOL.