Base Co-Founder: Core Team Will Not Manipulate Market Prices, Will Focus on Quality Asset Distribution

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Base co-founder Jesse Pollak addressed concerns about market manipulation in the Base Meme, stating that the core team will not coordinate funds to influence digital asset market prices. He emphasized that such actions would undermine fairness, pose legal risks, and contradict Base's principles of open markets. Instead, the team will focus on improving the distribution and visibility of high-quality assets and applications. On-chain data indicates there is still significant room for growth in this area.

Odaily Planet News: Jesse Pollak, co-founder of Base, responded to community comments suggesting that "Base Memes need true leaders and should support price trends behind the scenes." He stated that the Base core team will not actively drive up asset prices through private or behind-the-scenes coordination of funds.

Jesse Pollak stated that such practices would actively undermine the fairness of other assets, would be difficult to sustain in the long term, would contradict the values of a free and open market that Base promotes, and would carry significant legal risks. He emphasized that the Base team is capable of, and will focus on, promoting the distribution and visibility of high-quality assets and applications, and that there is still substantial room for improvement in this direction.

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