Coinbase has initiated a notable marketing campaign, creating a buzz within the crypto community by teasing a significant event scheduled for December 17. [13] The company updated its social media profiles with the date and posted a cryptic image of a single green candle, a symbol of positive price movement, which was amplified by CEO Brian Armstrong. [13] This move has fueled widespread speculation, with the leading theory pointing towards the potential launch of a network token for its layer-2 blockchain, Base. [13] However, launching a proprietary token could face regulatory complexities. [13] This teaser coincides with Coinbase's strategic expansion, including the new listings of Toncoin (TON) and Superfluid (SUP). [17] The enigmatic announcement comes as Coinbase's stock, along with other crypto-related equities, faces pressure from a broader market downturn, highlighted by Bitcoin's price falling below $90,000. [6, 9] Analysts are watching to see how these strategic moves will position the company amidst the market volatility. [3]