During BaseCamp, it was revealed that Base might be planning to issue a token. This could lead to a wave of concentrated speculation on many tokens within the Base ecosystem. However, many tokens have a market cap that's too large, and with the interest rate cut coming this Thursday, quite a few people are still adopting a risk-averse mindset. In that case, on-chain assets are undoubtedly a safer choice. The leader in the Farcaster ecosystem, noice on Coinbase's roadmap, only has a market cap of 37M, which does seem a bit undervalued and still has some potential moves to play.