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Why Base's Extra is Pumping

Extra Finance is up big; what trends is it capitalizing on?
Why Base's Extra is Pumping
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Extra Finance (EXTRA) has experienced a meteoric rise, shattering its previous all-time high set just last week after surging over 100% in the past 24 hours. What developments catalyzed the run-up, and how will EXTRA sustain the momentum?

While EXTRA holders made big gains at the end of February and into early March, price stagnated throughout the month until yesterday morning when the token began its parabolic ascent.

Alongside the uptick in token price came an increase in total value locked (TVL) on Extra, with this metric up 2x from the start of the month!

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Jack Inabinet

Written by Jack Inabinet

498 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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