Base Rejects Token Price Support as Jesse Pollak Calls Practice Illegal

TLDR

• Jesse Pollak stated that Base will not support token price movements behind the scenes.
• He explained that manipulating token prices would harm trust and likely break U.S. laws.
• Pollak emphasized that Base must remain an open and transparent platform for all creators.
• Community members expressed disappointment over the lack of a standout token on Base.
• Some users claimed Base failed to promote projects that had potential to lead the network.
• Pollak clarified that the team would only support public and fair growth strategies.

Base network lead Jesse Pollak rejected calls for token price manipulation, calling the practice unfair, untrustworthy, and illegal. The statement followed complaints from users requesting that Base support token prices using internal resources. Pollak affirmed that Base would continue promoting transparency and organic growth across the Layer 2 ecosystem.

Pollak Rejects Price Support and Calls for Transparency

Jesse Pollak responded directly to user requests urging Base to use internal capital to influence token price movement. He stated that the Base team would not “support the chart behind the scenes” in any circumstance. According to him, private market manipulation would create unfair advantages and legal risks.

He emphasized that secret coordination around token prices could violate U.S. regulations and undermine trust in Base’s structure. Pollak reiterated Base’s responsibility to operate as open infrastructure under Coinbase’s public and regulated company framework. He said, “price discovery must remain organic and transparent” at all levels of network activity.

Pollak clarified that Base would still promote builders and creators through public and fair programs. He suggested structured efforts, such as competitions or liquidity incentives that are announced transparently, could be explored. However, he stressed these must be inclusive and legal across the board.

Base Faces Scrutiny Over Meme Tokens and User Frustration

Some traders expressed dissatisfaction with Base’s inability to host a viral or breakout meme token on the network. A livestream host stated that Base lacked “what it takes” to push a project into major market cap status. Others suggested that Base failed to promote existing tokens with strong potential.

Critics also claimed that Base had missed opportunities to elevate certain projects that could serve as flagship assets. They pointed to earlier projects where community support was high but institutional backing never materialized. These complaints reignited debates around Base’s stance on market participation.

In contrast, Pollak said attempts to manipulate tokens ultimately lead to repeated market losses and user distrust. He acknowledged the community’s frustration but maintained that fair markets create long-term growth. He said networks must enable participants “to learn, to adapt, and ultimately to prosper.”

Past Incidents Resurface as Base Defends Fair Market Practices

Debate resurfaced over Base’s 2025 experiment, where it minted a tokenized version of a post titled “Base is for everyone.” Some users viewed this asan indirect endorsement despite Base clarifying that the token was not an official product. The backlash led to increased regulatory interest and market confusion.

Research during peak meme periods highlighted security risks and malicious contracts across newly launched tokens on Base. Analysts found many tokens had unlocked liquidity or honeypot traps that enabled quick exits. These issues caused financial losses and triggered user demands for safety reforms.

Pollak stated that Base must draw a line between promotion and illegal manipulation. He confirmed that secretive price support contradicts the network’s open-market approach. Base aims to support culture and creators while preserving market fairness, not inflating prices.

Some community members supported Pollak’s message, calling for better standards instead of covert interventions. They urged Base to provide visibility through public-facing programs instead of hidden incentives. Pollak’s firm stance suggested no future tolerance for price manipulation.

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