Coinbase CEO tweeted a picture 13 hours ago showing a purchase of approximately 4.964 million BALAJIS, currently worth about $40,000.

BlockBeats News, August 24, Coinbase CEO Brian Armstrong posted a photo on X platform 13 hours ago, showing his purchase of 4,964,005 BALAJIS, currently worth about $40,000. Brian Armstrong also retweeted a tweet from Jesse Pollak, Base's ecosystem lead, stating that users can now directly purchase any Zora creator token in the Coinbase app.

BALAJIS is created through the Zora platform and is a meme concept coin named after Balaji Srinivasan, former Coinbase CTO and angel investor.

The current market cap of BALAJIS is reported to be $8.21 million, with a 24-hour trading volume of $166,500.