
Coinbase has announced significant developments, including reaching 100 million registered users and the introduction of a native smart wallet for its Layer 2 (L2) platform, Base, which allows trading on-chain without a seed phrase or password. In its first 24 hours, Base generated $340 million in volume, with 277K active addresses in one day, escalating to 6.49 million active addresses in 30 days. Concurrently, Dogecoin ($DOGE) experienced an 18% surge in value following the news that Coinbase is launching Dogecoin futures trading, with the cryptocurrency trading at $0.15. The increase was attributed to a March 7 filing by Coinbase, which went viral, revealing plans to offer DOGE, Litecoin ($LTC), and Bitcoin Cash ($BCH) futures starting April 1.
people are leveraging these meme coins too????
A lot of you are fading @base A $65 billion dollar company is behind it 100 million users will be onboarded without even needing to write down/remember their seed phrase Coinbase reported $1.7 trillion in trading volume in 2021… just image if even a small % of that migrated…
“Doge stock” lmao https://t.co/q7l0TPGei4
