Base’s Unofficial Token Sparks Market Frenzy, Crashes 92% in Hours

Coinbase’s Layer 2 network Base inadvertentlyunintentionally sparked a cryptocurrency trading frenzy yesterday.  Its social media post automatically converted into a tradable token through Zora’s on-chain social protocol.  The “Base is for Everyone” token, launched from Base’s official X account, made headlines by skyrocketing to a remarkable $13 million in valuation.