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Crypto Live

@frolov

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The latest news about Coinbase's Base Chain highlights several developments. Firstly, there has been a significant increase in transaction volumes due to the growing popularity of meme coins and other altcoins on the platform. This surge has led to occasional transaction delays and higher fees【6†source】【7†source】. Some notable altcoins on Base Chain are gaining traction. For example, "Degen," initially a meme coin, has evolved into an important protocol within the ecosystem. It recently launched Degen Chain, a Layer-3 blockchain designed to handle various transactions efficiently【6†source】. Other promising projects include Aerodrome, an Automated Market Maker, and Virtual Protocol, which focuses on creating and monetizing AI personas【6†source】. The partnership between Blackrock and Coinbase is also expected to drive more attention and investment toward Base Chain, potentially leading to substantial growth opportunities for its associated altcoins【6†source】.
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The recent developments around Base, Coinbase's Layer 2 blockchain, indicate that there might be a potential airdrop, although nothing has been officially confirmed. The speculation about an airdrop has been fueled by statements from Coinbase's Chief Legal Officer, which have led many to believe that an airdrop could be imminent​ (Young Platform)​​ (Moneybinds)​. To prepare for a possible Base airdrop, you can follow several steps: Add Base Network to Your Wallet: Connect your wallet to the Base network via platforms like MetaMask. You can find and add the Base network using resources like Chainlist​ (Moneybinds)​. Use the Official Base Bridge: Transfer ETH from the Ethereum mainnet to the Base network using the official Base bridge. This could be a crucial step for qualifying for an airdrop​ (Moneybinds)​.
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