@hungpy6789
Brian Armstrong's Meme Coin PFP Change Draws Base Backlash
Around July 16-18, the Coinbase CEO's avatar tweak pumped the $BRIAN token's market cap to $37 million with over $100 million in volume on Base, his company's layer-2 network, before it plunged. Critics from Base's active trader community accused him of detachment amid outages and delayed listings, prompting Armstrong's July 20 post clarifying his account offers no investment advice and Base supports infrastructure like grants, not coin shills. While some defend Coinbase's regulatory efforts, the episode highlights tensions between meme coin enthusiasts and leadership focused on trading, payments, and broader finance.
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