Armstrong said on July 27 he misread community reaction after changing his X profile picture, a move that sent the Base-linked Brain token surging before it was heavily sold.
Coinbase CEO Brian Armstrong said on July 27 that he had completely misjudged how the crypto community would react when he changed his X profile picture, describing the episode as a “wake-up call” in an interview with crypto KOL Ansem. The Brain meme coin, which is tied to Base’s B20 token standard and named after Armstrong, jumped after he briefly used the token’s icon as his avatar. After he changed the profile picture again, the token was heavily sold and gradually fell close to zero, underscoring how social-media signals from prominent industry figures can rapidly move thinly traded meme coins.