Coinbase distances itself from ‘deeply disappointing’ Base memecoin 😞
Coinbase has distanced itself from a memecoin that quickly gained a market value of $17 million after its launch. The token was created on the decentralized marketplace Zora, but its association with Coinbase has led the company to label it as "deeply disappointing." Coinbase's stance highlights its effort to mitigate any unwanted associations.
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