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Coinbase CEO Apologizes on Ansem’s Show: Admits He Completely Misjudged the Community Over a Meme Coin’s Collapse Triggered by Changing His X Profile Picture

1 hours ago

Coinbase CEO Brian Armstrong recently told crypto KOL Ansem during an interview that he completely misjudged the community in the incident where changing his X profile picture led to a plunge in the related meme coin. The previously viral meme coin Brain uses the native B20 token standard launched via Base chain’s Beryl upgrade, with its name derived from Coinbase CEO Brian Armstrong. Armstrong briefly changed his X profile picture to match the token’s icon, sparking community speculation and driving a rapid surge in trading volume. After Armstrong updated his X profile picture again, the meme coin faced massive sell-offs and gradually headed toward zero value. As a result of the incident, Armstrong was shunned by the crypto community.

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