diff --git a/project/Build.scala b/project/Build.scala
index 892a98b2852f..0fd44c183742 100644
--- a/project/Build.scala
+++ b/project/Build.scala
@@ -80,9 +80,9 @@ object DottyJSPlugin extends AutoPlugin {
 object Build {
   import ScaladocConfigs._
 
-  val referenceVersion = "3.3.0"
+  val referenceVersion = "3.3.1-RC1"
 
-  val baseVersion = "3.3.1-RC1"
+  val baseVersion = "3.3.2-RC1" // temporarily, before branching out `3.4.0-RC1`
 
   // Versions used by the vscode extension to create a new project
   // This should be the latest published releases.