Former Coinbase Ventures member: Base token's initial market capitalization may be around $20 billion, and token functionality may be similar to ETH

Coinbase's Base token is considering a token issuance. Ryan Ye, a former member of Coinbase Ventures, predicts that the initial market capitalization of the Base token could be around $20 billion, with the potential to rise to $40 billion to $50 billion. He believes that a token issuance would significantly boost the Base ecosystem and attract more developers and users.