๐จ Coinbase admits it has lost contact with a portion of cryptocurrency users, in parallel with a restructuring of its product strategy. ๐
๐ค Using Brian Armstrong, CEO of Coinbase, the cover image of the meme coin $BRIAN as his profile picture for a short period sparked investorsโ excitement and led to a strong surge in the coinโs price. ๐๐
๐จ But after he changed his picture to a character from the CryptoPunks universe, things quickly turnedโ the coin dropped by about 86% within 24 hours. ๐๐ฅ
โก๏ธ This incident clearly shows how meme coins are affected by the actions and moves of influential social media figures. ๐๐ฒ
๐ค And this comes at a time when Coinbase is shifting its focus toward developing trading services ๐น, payments ๐ณ, and AI systems ๐ง .
โ ๏ธ Reminder: Donโt get swept up in the hype or the trendโalways do your own research (DYOR) before making any investment decision. โ
# ๐ #bitcoin โฟ #Coinbase ๐ #Brian N #$SPCXB
$VELVET
#Altcoins ๐ #Trading ๐น #Web3 ๐
๐ค Using Brian Armstrong, CEO of Coinbase, the cover image of the meme coin $BRIAN as his profile picture for a short period sparked investorsโ excitement and led to a strong surge in the coinโs price. ๐๐
๐จ But after he changed his picture to a character from the CryptoPunks universe, things quickly turnedโ the coin dropped by about 86% within 24 hours. ๐๐ฅ
โก๏ธ This incident clearly shows how meme coins are affected by the actions and moves of influential social media figures. ๐๐ฒ
๐ค And this comes at a time when Coinbase is shifting its focus toward developing trading services ๐น, payments ๐ณ, and AI systems ๐ง .
โ ๏ธ Reminder: Donโt get swept up in the hype or the trendโalways do your own research (DYOR) before making any investment decision. โ
# ๐ #bitcoin โฟ #Coinbase ๐ #Brian N #$SPCXB
$VELVET
#Altcoins ๐ #Trading ๐น #Web3 ๐