According to @ai_9684xtpa, the first personal token $jesse associated with a Base founder and Coinbase executive is trading at a market cap of 17.17 million dollars, with the post on X framing this as “meme winter” and stating the market is “not buying” on Nov 21, 2025. According to @ai_9684xtpa, despite prior pre-promotion, the cited 17.17 million dollar valuation indicates softer appetite for new personal memecoins on Base. According to the same source, traders may read this as a bearish sentiment cue for near-term memecoin rotations and reassess exposure accordingly.