Market Rank | #3718 |
---|---|
Market Cap | $ 0.6M |
Volume 24h | $ 14.8K |
Circ. Supply | 0.5M |
Total Supply | 0.7M |
Max Supply | 0.7M |
The current price of Base Protocol (BASE) is $ 1.16.
Base Protocol (BASE) is a unique cryptocurrency that provides a solution to volatility in the crypto market. It operates on a rebase concept where it expands or reduces its supply based on the price movements and trends in the overall crypto market. This means BASE tries to approximate the total value of all cryptocurrencies, hence its total supply fluctuates to mirror the entire crypto economy.
Unlike most cryptocurrencies, Base Protocol's supply is not fixed. Instead, it uses a revolutionary rebase mechanism to increase or decrease its circulating supply in response to market conditions. This makes it a synthetic asset that can track the performance of the entire cryptocurrency market with just one token.
Base Protocol works by adjusting its supply in response to changes in the total market cap of all cryptocurrencies. This is achieved through a process known as "rebasing", which automatically changes the token supply across all wallet balances to reflect changes in market conditions. The price of each token adjusts as its overall supply increases or decreases, thus reflecting the health and trends of the broader cryptocurrency market.
The current circulating supply of Base Protocol (BASE) tokens is 0.5M.
Base Protocol's price has decreased by -1.76% in the last 24 hours.
Base Protocol can be purchased safely on the following exchanges: Gate.io
To securely store your Base Protocol (BASE) tokens, you will need a digital wallet that supports ERC-20 tokens, as BASE is based on the Ethereum network. Some of the most common choices include hardware wallets like Trezor and Ledger, or software ones like MetaMask and MyEtherWallet. This will allow you to maintain full control over your tokens and ensure their safety.
Base Protocol's current market capitalization is $ 0.6M. It's ranked #3719 by market cap among all cryptocurrencies.
Yes, Base Protocol has been quite active in the market recently. The 24-hour trading volume of BASE is 14.8K, demonstrating significant trader interest in this cryptocurrency.
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