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Base Protocol (BASE) is a token whose price is pegged to the total market cap of all cryptocurrencies at a ratio of 1:1 trillion. BASE allows traders to speculate on the entire crypto industry with one token.
The Base Protocol acts as a one-stop trading instrument that enables holders to speculate on the entire crypto industry simultaneously rather than focusing on a single token or a select portfolio. This feature is valuable for individuals new to crypto investing who are unsure which assets to buy. It is also beneficial for institutional investors seeking to diversify their crypto exposure across the entire industry and general crypto traders looking to hedge or diversify their investments.
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