PANews reported on April 17 that at 3:12 am Beijing time today, Base officially released the meme coin "Base is for everyone" on the Zora platform, with a market value of up to $15 million at one point and a current market value of about $6.4 million. Then at 4:30, a second meme coin named "Base @ FarCon 2025" was launched, with a current market value of $188,800.
Base officials later said that this move is aimed at encouraging content to be put on the chain and promoting the development of on-chain culture, emphasizing that "Base has never sold these tokens, and these tokens are not official brand tokens of Base, Coinbase or any related products." Officials said that this is a public experiment and will continue to explore how cultural content can be expressed on the chain.