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Coinbase-backed Base draws fire for role in ‘pump-and-dump’ style ‘Content Coin’ token launch – TON BOT

Coinbase-backed Base draws fire for role in ‘pump-and-dump’ style ‘Content Coin’ token launch

Coinbase-backed Layer-2 network Base faced backlash for promoting a “Content Coin” that lost most of its value after launch. The token was shared on Zora, attracting attention despite disclaimers. Suspicious trading behavior and manipulation were flagged. Base defended the concept as a way to tokenize creative works, but critics remained skeptical.


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