Base Protocol (BASE) Hits 1-Day Trading Volume of $18,071.00

Base Protocol (BASE) traded up 2.2% against the U.S. dollar during the 24-hour period ending at 12:00 PM Eastern on August 6th. In the last week, Base Protocol has traded down 14.8% against the U.S. dollar. One Base Protocol coin can currently be purchased for about $1.25 or 0.00005382 BTC on major exchanges. Base Protocol has a total market capitalization of $600,767.19 and approximately $18,071.00 worth of Base Protocol was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• BITCOIN ADDITIONAL (BTCA) traded up 0.9% against the dollar and now trades at $23,222.21 or 1.00000000 BTC.
• Binance USD (BUSD) traded down 0% against the dollar and now trades at $1.00 or 0.00004306 BTC.
• Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
• Dai (DAI) traded 0% higher against the dollar and now trades at $1.00 or 0.00004305 BTC.
• Polygon (MATIC) traded up 1.7% against the dollar and now trades at $0.92 or 0.00003958 BTC.
• Mammoth (MMT) traded 0.6% lower against the dollar and now trades at $0.84 or 0.00003620 BTC.
• yOUcash (YOUC) traded down 0% against the dollar and now trades at $0.51 or 0.00002202 BTC.
• FTX Token (FTT) traded 1.8% higher against the dollar and now trades at $30.77 or 0.00132523 BTC.
• Chainlink (LINK) traded 2.4% higher against the dollar and now trades at $7.88 or 0.00033938 BTC.
• Geegoopuzzle (GGP) traded up 4.7% against the dollar and now trades at $15.75 or 0.00067840 BTC.

Base Protocol Coin Profile

Base Protocol is a coin. Base Protocol’s total supply is 480,680 coins. The official website for Base Protocol is www.baseprotocol.org. The official message board for Base Protocol is medium.com/baseprotocol. Base Protocol’s official Twitter account is @baseprotocol and its Facebook page is accessible here.

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 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 GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Base Protocol using one of the exchanges listed above.