Coinbase’s Favorite Crypto (Soon to Fly)
Posted March 08, 2024
Chris Campbell
Reporting from El Tunco, El Salvador…
In the late 20th century, El Tunco began to gain popularity as a surfing destination due to its consistent waves and laid-back “vibes.”
This led to massive growth and tourism.
Right now, I’m sitting in one of the many restaurants in the district.
I’m already making new friends.
But that’s not what’s interesting right now.
What’s more interesting is crypto. Where it’s at. Where it’s going. And what’s going to be white hot in the coming months.
Right now, my eyes are set on Coinbase.
Here’s why…
Based!
Coinbase, one of the leading cryptocurrency exchanges, announced the launch of Base, an Ethereum Layer 2 (L2) blockchain.
By leveraging the underlying security of Ethereum, Base aims to provide a secure and scalable environment for developers to build and deploy decentralized apps.
One key feature of Base is what’s called “EVM compatibility,” which allows developers to easily port their existing Ethereum dApps to the L2 Base chain.
Also, Base offers a range of powerful tools and APIs, such as account abstraction and easy-to-use bridges, which enable developers to build multichain applications.
But the biggest advantage: its integration with Coinbase’s ecosystem. With access to Coinbase’s products, users, and tools, developers can tap into a YUGE pool of users and assets. .
BUT…
The company has stated it does not plan to issue a Base network token, with ETH serving as the native gas token for the chain.
While this is bullish for Ethereum, it’s also mega-bullish for another Ethereum Layer 2.
James and I are recommending this new coin to our Early Stage Crypto Investor members.
TODAY.
Not yet a member? Click here to see if ESC is right for you… and get into our latest pick before it’s too late.