
Coinbase Base Network Sparks Meme Coin Frenzy—A Lesson in Onchain Experimentation
Coinbase Layer 2 blockchain, Base, recently found itself at the center of a whirlwind after an unofficial meme coin—minted automatically via the Zora protocol—triggered a rapid trading surge and subsequent crash. The episode highlights both the innovative potential and the risks of onchain content monetization, as well as the evolving