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5 Investment Opps on Base

How to get exposure to the network's success ahead of its official launch next week.
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Aug 3, 2023 • 2 min read

Dear Bankless Nation,

Base had its memecoin moment this weekend, but the Coinbase L2 is officially launching next week. There's still some action to be had ahead of its official launch for degens looking to get in early!

Today, we're surfacing 5 investment plays that could pay off if your Base bullishness is well-placed – available in full exclusively to our paying subscribers!

- Bankless team

5 Fresh Plays on Coinbase's Base L2

Bankless Writer: Jack Inabinet | disclosures

L2 Summer has arrived and one of the hottest rollups on the block is set to launch soon: Coinbase’s “Base” rollup is fully opening on August 9th!

While many in crypto will not make the voyage until next Wednesday, bridges to Base are now open and the true pioneers are indeed making their way to the chain… Being early to opportunities in crypto is often the best way to make outsized profits and now is your chance to be early to Base!

Today, we’re helping you understand where the opportunity on Base may lie and walking you through five different investments you can make to express a bullish outlook on crypto’s hottest chain 👇👇👇

🚀 RocketSwap

Website | Twitter
Sector: Exchange
Market Cap: $910k
Ticker: RCKT

What is it?

RocketSwap was designed purely for one purpose: to service sh*tcoining activity on Base!

While the DEX has been live since Base’s inception, during the chain’s earliest days, RocketSwap initially found itself overshadowed by LeetSwap, a competitor that sadly suffered a 340 ETH exploit on July 31.

LeetSwap’s downfall proved to be a boon for business and RocketSwap is now the one of the top DEXs on Base! In the 24 hours prior to analysis, RocketSwap processed $21.3M in trades according to DEXScreener 🤯

The Play:

THANKS TO KRAKEN

Kraken, the secure, transparent, reliable digital asset platform, makes it easy to instantly buy 200+ cryptocurrencies with fast, flexible funding options. For the advanced traders, look no further then Kraken Pro, a highly customizable, all in one trading experience and our most powerful tool yet.

Action steps

Get rewards on your ETH with Stader Labs. Stake now.
Check out ETHx 🧪

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

Published in Bankless

There’s a revolution in the world of money. Ethereum, Bitcoin, crypto, open finance, DeFi—a bankless revolution. And you want part of it.

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