A memecoin riffing on Coinbase Chief Executive Brian Armstrong has collapsed after he dropped the token's artwork as his X profile picture and switched to a CryptoPunk, the latest sign of how tightly Base's markets track the moves of the chain's most prominent backer.

A memecoin riffing on Coinbase Chief Executive Brian Armstrong has collapsed after he dropped the token's artwork as his X profile picture and switched to a CryptoPunk, the latest…

Coinbase CEO Brian Armstrong says his social media posts are not token endorsements after a profile picture change sent memecoin $BRIAN surging 3,000% then