Base Creator Apologizes for Controversial GIF Amid Ethereum Layer 2 Expansion
Jesse Pollak, creator of Coinbase-backed Base, has issued an apology after sharing a GIF containing controversial terms. The incident highlights the challenges of maintaining brand integrity in the fast-evolving Ethereum Layer 2 ecosystem.
Base Creator Apologizes for Controversial GIF
Jesse Pollak, the creator of Coinbase-backed Base, an Ethereum layer 2 network, has apologized for sharing a GIF containing controversial terms. The GIF played on the tagline ’Base is for everyone’ and featured a rotating sequence of terms, some of which were neutral like ’art,’ ’minting,’ and ’great ideas,’ but others were controversial such as ’pimping’ and ’squirting.’ Pollak clarified that neither he nor the Base marketing team was involved in the creation of the GIF, but admitted it was a wrong move to share it, especially highlighting the phrase ’Base is for pimping.’
Ethereum Price Prediction: Eyes Explosive Rally To $4,000
Ethereum consolidates at $1,600, preparing for a potential breakout. Historical patterns indicate a $4,000 price target in the NEAR future. Global liquidity trends suggest Ethereum may outperform Bitcoin. The $1,600 support level has seen increased buying pressure, hinting at a possible upward price movement if the upper trendline of the consolidation zone is breached. Analysts predict further price appreciation upon a breakout above the lower boundary of the descending channel.
Crypto Legend Brandt Warns: Ethereum Could Crash To $800
Peter Brandt, a market veteran with a five-decade career, has made a stunning prediction about Ethereum (ETH). He anticipates a price collapse to around $800, an unprecedented level since 2022. This warning has electrified the crypto community and reignited debates about the uncertain future of the second-largest crypto. While ETH struggles to stabilize above $1,600, fears are heightened. However, some industry figures continue to bet on the Ethereum ecosystem, leading to a fractured market with differing opinions.
Ethereum NFT Platform Zora to Launch Token ZORA on Apr. 23, 2025
Zora, the Ethereum-based platform known for its creator-friendly approach to non-fungible tokens (NFTs) and onchain content, has announced the launch of its long-awaited token, ZORA, on Apr. 23, 2025. The token distribution will be based on two snapshots of user activity, covering contributions from Jan. 1, 2020, to Mar. 3, 2025, and activity up to Apr. 20, 2025. These snapshots will determine eligibility for a retroactive airdrop, aiming to reward long-time creators, collectors, developers, and participants in the Zora ecosystem.