CTM|Aug 18, 2026 22:08
My updated theory on base:0xb2000000000000000000004c27f6523082f41d01
I posted my original theory when BASECAT was sitting around $1.6M MC.
Literally 10 minutes later, Cobie followed the BASECAT X account.
The chart went fucking nuclear.
$1.6M → $20M.
Then it got even more interesting.
Right after Cobie, Base’s CBO followed. Then Jesse followed.
At some point you have to stop calling everything a coincidence and start connecting the dots.
Now look at the chart.
After a violent move to $20M, instead of completely round-tripping like 99% of meme coins do, BASECAT has been sitting around $10M, getting traded back and forth in what almost looks like a controlled range.
My theory?
This chart is being painted.
I think serious supply is being accumulated here.
They don’t want another uncontrollable meme coin where random wallets own all the supply and Base has zero control over what happens next.
They want enough supply in the right hands that when the real push begins, they can control the narrative, control the liquidity and control the entire move.
And where does that move eventually end?
Coinbase.
I said it before and I’ll say it again:
I truly believe Base learned from what happened with previous memes.
This time they’re not going to fuck it up.
Cobie.
Base App.
The CBO.
Jesse.
The verification.
The constant attention.
And now a chart casually holding around $10M after exploding from basically nothing.
Maybe I’m completely wrong.
But the deeper this goes, the more my original theory makes sense.
If they really are positioning BASECAT to become THE meme of Base and eventually crime this thing all the way to a Coinbase listing…
$10M is going to look fucking hilarious.
I’ve been in these trenches for almost 10 years.
My gut was screaming at $1.6M.
It’s screaming even louder now.(CTM)
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