Base Protocol Price Up 7.2% Over Last Week (BASE)

Base Protocol (CURRENCY:BASE) traded down 2.3% against the dollar during the 1-day period ending at 20:00 PM ET on November 25th. One Base Protocol coin can now be purchased for about $2.28 or 0.00003871 BTC on exchanges. Base Protocol has a market cap of $817,751.59 and $12,031.00 worth of Base Protocol was traded on exchanges in the last day. During the last week, Base Protocol has traded 7.2% higher against the dollar.

Here’s how similar cryptocurrencies have performed during the last day:

  • Crypto.com Coin (CRO) traded down 13% against the dollar and now trades at $0.78 or 0.00001323 BTC.
  • Polygon (MATIC) traded 0.1% higher against the dollar and now trades at $2.00 or 0.00003275 BTC.
  • Polygon (MATIC) traded up 9.8% against the dollar and now trades at $1.91 or 0.00003243 BTC.
  • Binance USD (BUSD) traded 0% lower against the dollar and now trades at $1.00 or 0.00001698 BTC.
  • Chainlink (LINK) traded 1.7% higher against the dollar and now trades at $26.52 or 0.00044990 BTC.
  • Decentraland (MANA) traded 10.5% higher against the dollar and now trades at $5.29 or 0.00008971 BTC.
  • Axie Infinity (AXS) traded 2.1% lower against the dollar and now trades at $139.72 or 0.00237054 BTC.
  • Parkgene (GENE) traded 2,618,096.3% higher against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • FTX Token (FTT) traded up 4.4% against the dollar and now trades at $53.00 or 0.00089927 BTC.
  • THETA (THETA) traded up 9.2% against the dollar and now trades at $7.30 or 0.00012387 BTC.

Base Protocol Coin Profile

Base Protocol is a coin. Base Protocol’s total supply is 455,680 coins and its circulating supply is 358,386 coins. The official website for Base Protocol is www.baseprotocol.org. Base Protocol’s official Twitter account is @baseprotocol and its Facebook page is accessible here. Base Protocol’s official message board is medium.com/baseprotocol.

According to CryptoCompare, “BASE aims to function as a synthetic asset which represents speculation on the total market cap of all cryptocurrencies (cmc). This is made possible through an elastic supply characteristic and programmatic rebasing protocol which incentivize market actors to drive BASE price to its target (peg) price. Early on, qualitative factors like new adoption and speculation may disrupt that peg. But as the network grows, the peg stabilizes. In its early stages, BASE is a speculative asset that seeks to peg to cmc. In its final state, BASE is a synthetic asset that is stably pegged to cmc. “

Buying and Selling Base Protocol

It is usually not presently possible to buy alternative cryptocurrencies such as Base Protocol directly using U.S. dollars. Investors seeking to acquire Base Protocol should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Base Protocol using one of the aforementioned exchanges.

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