Early Base Whales Have an Affinity for Meme Tokens, Nansen Says

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Early whales in Coinbase’s new blockchain Base have an affinity for meme tokens, according to Nansen. By

Coinbase’s Ethereum-adjacent blockchain Base technically opened to the public today. But crypto whales have already spent days trading high-risk tokens on the new layer 2 network as well as other blockchains.

One wallet was made in 2017, while half of the early Base whales were fresh wallets created this year. Early Base whales have also been active in competing Ethereum scaling solutions Arbitrum, Optimism, zkSync Era and Polygon zkEVM.

 

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