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Base Protocol's governance token, GITLAWB, briefly surged to a market capitalization of over $34 million, hitting a new all-time high.

BlockBeats News, May 16th, according to GMGN monitoring, the Base ecosystem token GITLAWB briefly exceeded a $34 million market cap, hitting a new all-time high, and is currently valued at $32.05 million, with a 24-hour price increase of 56.32%. Meanwhile, the on-chain trading volume during the same period was approximately $3.4 million.

GitLawb (GITLAWB) is a decentralized code collaboration platform designed for human developers and AI agents. It offers a Git-like workflow but is fully decentralized and does not require account registration.

Source: BlockBeats

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