About Base Protocol
Base Protocol (BASE) is not affiliated with the Base L2 chain or Coinbase.
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Market Stats
Market Cap
$135,094.05
6.8%
FDV
$197,419.87
Circulating Supply
480,679.619 BASE
Max Supply
702,441.83 BASE
Total Supply
702,441.83 BASE
Diluted Valuation
$197,421.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$20,167.00
0.06%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.29
Overall Price Change (1Y)
-0.9%
Additional info about Base Protocol
Recent trends
The price of Base Protocol has increased by 1.38% in the last hour and increased by 6.80% in the past 24 hours. Base Protocol’s price has also fallen by 8.77% in the past week. The current price is $0.28 per BASE with a 24-hour trading volume of $20.17K. Currently, Base Protocol is valued at 3.86% below its all time high of $0.29. This all-time high was the highest price paid for Base Protocol since its launch. The current circulating supply of Base Protocol is 480,679.619 BASE which means that Base Protocol has as total market cap of $135,094.05.
Market details
BASE vs markets
↘ 92.12%
BASE vs BTC
↘ 93.51%
BASE vs ETH
↘ 83.02%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x07150e919B4De5fD6a63DE1F9384828396f25fDC | |
Gnosis | 0x699D001ef13B15335193bC5FAd6CFC6747eeE8BE |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.28 | ↗ 6.80% |
1 Day | $0.26 | ↗ 6.80% |
1 Week | $0.31 | ↘ 8.77% |
1 Month | $1.31 | ↘ 78.47% |
1 Year | $2.77 | ↘ 89.86% |
FAQ
Base Protocol (BASE) is a unique token that aims to mirror the total market cap of all cryptocurrencies at a ratio of 1:1 trillion. This innovative approach enables users to observe the entire crypto industry with a single token. BASE is built on the Ethereum blockchain and integrates a Chainlink oracle. The token's price is designed to be elastic, programmatically expanding or contracting to achieve target price equilibrium. This equilibrium is based on the total market capitalization of all cryptocurrencies, allowing BASE to reflect the overall health and direction of the crypto market.
Base Protocol operates on an elastic supply protocol, which programmatically adjusts the token supply to achieve target price equilibrium. This equilibrium is calculated as one trillionth of the total market capitalization of all cryptocurrencies. When the market price of BASE deviates from this equilibrium, the token supply is adjusted through a process called a rebase. If the market price is higher than the equilibrium, an expansion rebase occurs, creating new supply and driving the price down. Conversely, if the market price is lower than the equilibrium, a contraction rebase occurs, reducing the supply and driving the price up. Users may also contribute their BASE tokens to the liquidity pool to receive compensation through the Base Cascader.
Base Protocol has a range of potential use cases. It can serve as a one-stop trading instrument, allowing holders to observe the entire crypto industry rather than individual tokens or a select portfolio. This could be particularly useful for newcomers to crypto or institutional users seeking to diversify their involvement. BASE can also be utilized as a borrowable asset for leveraged crypto transactions, acting as a strategic hedging instrument. Additionally, BASE can serve as a stable position between crypto transactions, mitigating the risk of holding a single coin while potentially benefiting from the gains of several others. Finally, BASE can be used as a price reference for any cryptocurrency, providing an alternative to the popular BTC price reference.
The Base Protocol team has developed an open-source code, which is accessible on the Base GitHub. The team continually updates this repository as new developments are made. The Base Protocol was built on the Ethereum blockchain, integrating a Chainlink oracle, and was launched on a decentralized exchange. The team has also compiled a detailed document outlining the token distribution stages, total supply breakdown, and vesting schedules for all allocations, demonstrating their commitment to transparency and user education.
We update our Base Protocol to USD currency in real-time. Get the live price of Base Protocol on Coinbase.
The current market cap of Base Protocol is $135.09K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Base Protocol is $0.29. This all-time high is highest price paid for Base Protocol since it was launched.
Over the last 24 hours, the trading volume of Base Protocol is $20.17K.
Assets that have a similar market cap to Base Protocol include NXUSD, Nunu Spirits, Maximus Token, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Base Protocol is 481 thousand.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Base Protocol news
Trending articles
Social stats
Popularity in posts
#347
Contributors
474
Posts
763
% About Base Protocol
0.09%
Hold times
0 days
X (Twitter)
59.65% bullish
Sentiment
4.4 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
474 unique individuals are talking about Base Protocol and it is ranked #347 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Base Protocol has an average sentiment score of 88 out of 5. Finally, Base Protocol is becoming less newsworthy, with 0 news articles published about Base Protocol.
On Twitter, people are mostly bullish about Base Protocol. There were 63.34% of tweets with bullish sentiment compared to 6.17% of tweets with a bearish sentiment about Base Protocol. 36.66% of tweets were neutral about Base Protocol. These sentiments are based on 740 tweets.
On Reddit, Base Protocol was mentioned in 2 Reddit posts and there were 0 comments about Base Protocol. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.