Nineteen million THEO tokens were minted on the Base network and exchanged for about $1.76 million worth of Ether. The Ether, totaling 700.8 ETH, was then bridged from Base to the Ethereum network. During this process, THEO's price dropped sharply by 92% within 24 hours. This significant price movement highlights the volatility associated with token swaps and cross-network transfers in the crypto space.
The story about 19 million THEO tokens minted on Base and swapped for $1.76 million in Ether provides context for crypto market activity. For readers following the broader cryptocurrency market, here is Pluang's snapshot as of Oct 13, 2026 15:21 WIB: out of 50 major cryptocurrencies, 7 rose and 42 fell. EOS gained 8.13% to Rp12,649, while AXS dropped 8.02% to Rp20,719 with 98% buy orders, and ONE fell 7.69% to Rp32 with 83% sell orders.
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