jekpopulous2
jekpopulous2 t1_j9udflh wrote
Reply to Cathie Wood Continues Coinbase Buying by predictany007
Coinbase announced BASE yesterday… its an optimistic rollup on Ethereum. They’re gonna be eating off of those sequencer fees. Doubt the bald man at your own peril.
jekpopulous2 t1_j9xjmbr wrote
Reply to comment by skyblue5432 in Cathie Wood Continues Coinbase Buying by predictany007
You guys are asleep at the wheel. I wouldn’t buy COIN just yet but it’s an easy 5-10x over the next few years if they survive the bear. Forget Cathie… COIN only needs to get 2.5% of their users to use BASE to be the 3rd largest chain behind ETH and BSC. Go to DeFi Llama and look at Arbitrum’s revenue… like $150,000 / day profit after gas fees just off the sequencer fees. If Coinbase can get 5% of their users on BASE they’re the #2 chain. That means $200,000-$500,000 every day in sequencer fees. Again… not saying buy rn (they’re still losing money), but do not sleep on BASE. If (big if?) they can bring even 2.5% of CB users to that rollup they’ll be absolutely rolling in money. Like billions in revenue. Don’t fade them because everyone else is. Not many in trade-fi understand the metrics here. We’re talking about insane revenue… it’s just not gonna happen overnight so be patient and buy the bottom.