According to @KookCapitalLLC, the Base ecosystem is deeper than expected but currently fragmented across Zora, Farcaster, and the Base app, with consolidation efforts underway, source: @KookCapitalLLC. They express a bullish stance on $BASE and recommend joining Zora, Farcaster, and the Base app quickly to maximize exposure to Base farming, source: @KookCapitalLLC. They highlight $PING and $CLANKER as top coins within this Base-focused strategy, source: @KookCapitalLLC.

According to Lookonchain, wallet 0xe6887addb45b01696d9dfa739a5f2d051903c2e9 spent $89,000 to acquire 13.42 million $PING in less than two days. According to Lookonchain, the trader sold 6.72 million $PING for $377,000 and still holds 6.72 million $PING valued at $387,000, for a total profit of $675,000 (+759%). Based on Lookonchain data, the implied average buy price is about $0.00663 per PING, the realized sale price is about $0.0561, and the marked value on the remaining position is about $0.0576. According to Lookonchain, the trader has realized roughly half of the initial position and retains the remaining half.