Bulls Say, Bears Say
Bulls Say
Base is a major L2 with strong incentives to launch a token for governance and fee capture
The 2026 deadline gives ample runway as L2 token launches become industry standard
Declining YES price to 39¢ may represent undervaluation of Coinbase's strategic options
Bears Say
Weekly price trend is down 4.5%, signaling weakening market confidence in this outcome
Coinbase has explicitly distanced Base from a native token to avoid regulatory scrutiny
Low volume and liquidity suggest lack of conviction from informed traders on YES side
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Market Description
This market asks whether Base, Coinbase's L2 blockchain network, will launch its own native token by a specified deadline. Currently at 0% probability, the market reflects near-certainty that Base wil…