Base Ecosystem Tokens Show 78% Decrease in Trading Volume Compared to Last Year... "Declining Retail Investor Interest"
Minseung Kang
Summary
- Trading volume of tokens issued in the Base ecosystem has decreased by 78% compared to last year.
- The report indicated that Base Network is under overall pressure due to recent market corrections.
- It was revealed that only a minority of investors are making profits due to declining retail investor interest.
Tokens issued on Base, a Layer 2 network developed by Coinbase, have shown a significant decrease in trading volume.
On the 20th, cryptocurrency media outlet Into The Block reported that "while the Base network emerged as an attractive option for new investors, the overall Base ecosystem is under pressure as the market undergoes a correction."
According to the media, eight cryptocurrencies issued in the Base ecosystem have seen their trading volume plummet by 78% since December last year.
The media added that "currently, only a small number of investors are making profits, and retail investors' interest is gradually declining."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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