An open letter from a man who lost everything in $BASECAT
Dear Brian, Jesse and Cobie
I bought BASECAT because of what you did publicly.
Jesse said that BASE would drive more distribution and visibility to selected assets and bring them capital/attention
He promised the base trenches were coming back this year and that BASE was not going anywhere
BASE APP repeatedly interacted with the BASECAT account, responded to posts naming BASECAT, used BASECAT in images, responded to posts asking what BRIAN intended to do with it and arguing that COINBASE should support the new flagship meme
COBIE publicly declared that the BASE trenches were back
COINBASE susbsequently listed BASECAT USD
These actions came FIRST then my purchase FOLLOWED because I trusted you all
I put SUBSTANTIAL money into BASECAT becasuse JESSE promised distribution, visibility, capital and attention. Because BASE announced the return of the BASE trenches. Because COBIE publicly endorsed it. And because COINBASE gave BASECAT direct exchange distribution and repeated interaction
I am now down half a house as a result
My complaint is that you repeatedly used your positions, accounts and reputations to amplify and create credibility and visibility for BASECAT and as a result led me to the slaughterhouse
Also disgusting and embarassing is that CASHCAT is valued at ~$200M
BASECAT came after, on the declaration of the return of the trenches, and despite your "best efforts" is worth less than 10% of CASHCAT
I wonder what this means. But it certainly means that you do not value your most loyal users
I trusted you. Let me ask you 3 simple questions
1) What was your repeated public engagement with BASECAT intended to achieve?
Clue: people like me bought as a result
2) What responsibility do you accept for the mass purchases that followed?
3) Does your commitment to the BASE trenches continue now, or only on the first pump?
You acted publicly. You made promises. I acted in response. You must take responsibility for this sequence
I write this for all victims of BASECAT, the latest abandoned token BASE has pushed to retail then SLAUGHTERED them mercilessly
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I want some of what this guys smoking
Aug 29, 2026 · 10:30 PM UTC
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