Dear Bankless Nation,
While plenty of eyes were on the DeFi contagion threat this weekend, other degens were seemingly too caught up in Base memecoin mania to notice.
While memecoins like $BALD have already seen their moment come and go, many in crypto hope that the early activity signals promise for the future of Coinbase's Base L2. Today, we dig into where it goes from here.
-Bankless team
Despite lacking a bridging interface, retail users funneled over $50M of Ether into Coinbase’s Layer 2, Base, within a 24 hour period this weekend.
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