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  • Coinbase’s Base Just Hit $2B—Here’s What You Need to Know.

Coinbase’s Base Just Hit $2B—Here’s What You Need to Know.

Crypto investor turns $1,300 into $3.4M in 15 days

Welcome to Crypto Wire — clear, concise, and crypto-smart.

What we’ll cover today:

🤑 Coinbase’s Base Just Hit $2B

💸 Imagine turning $1,300 into $3.4 million in just 15 days.

🪙 What If Playing a Game Could Earn You Crypto?

1. Coinbase’s Base Just Hit $2B

Base, Coinbase’s Layer 2 network, has skyrocketed from $430 million to over $2 billion in just a few months, becoming the second-largest optimistic rollup. 

How did it get there? Here’s a quick breakdown:

  • Aerodrome, a decentralised exchange, leads with over $1 billion in deposits.

  • Uniswap adds another $220 million.

  • User Activity is where Base shines, with more daily transactions and active addresses than expected.

DeFi is also bouncing back:

  • DeFi Loans have surged to $13.3 billion.

  • Total Value Locked (TVL) in DeFi is now nearing $100 billion, showing signs of a major rebound.

Meanwhile, Coinbase is pushing the SEC for clearer crypto regulations.

2. Imagine turning $1,300 into $3.4 million in just 15 days.

Sounds like a dream, right?

However, one crypto investor did it with Moo Deng (MOODENG).

The twist.

Some in the community are whispering about insider trading.

Here’s why:

  • The token’s value skyrocketed, but the liquidity pool was only $1.8 million.

  • Cashing out the entire $3.4 million may only be possible with crashing the price.

And if that’s not wild enough, here’s another jaw-dropper:

  • A different trader turned $95 into nearly $100K in 12 hours with INCEPT tokens.

  • Again, suspicions of insider involvement are flying around.

Meanwhile, one Ethereum investor held and made $131.72 million.

Two strategies, two outcomes.

3. What If Playing a Game Could Earn You Crypto?

This is happening in Southeast Asia, Latin America, and Africa.

Play-to-earn (P2E) games change people's thoughts about gaming and money.

These games do more than entertain:

  • Introducing Crypto: P2E games make digital money easy to use.

  • Building Communities: Players form strong connections.

  • Economic Opportunities: Especially useful in regions with few jobs, P2E provides new income streams.

Victor Yu, COO of CARV, says P2E games are driving crypto adoption by making it accessible.

Kiril Nikolov emphasizes the need for these games to stay fun and engaging for long-term success.

What do you think about today’s edition?

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Disclaimer:

This newsletter is for educational purposes and not intended as financial advice. Make your own investment decisions based on thorough research. Stay informed and cautious in the ever-changing crypto market.

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