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A new memecoin on Coinbase’s Base network fell 85% after its developer allegedly pulled 1,034 Ether in liquidity, worth approximately $1.9 million, from the market, according to social media reports and blockchain data. The developer for Bald (BALD) denied making any market sales of the coin, stating, “[I] just added/removed
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Base, built by crypto exchange Coinbase on OP Stack, launched its testnet in January and opened to builders in mid-July basis the submission of applications to Base. Traction has been scant, so far, except for Sunday when the likes of BALD led to a sudden rush in capital - and
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The total value locked (TVL) of Base, an Optimism-based layer-2 platform for Ethereum, is surging, increasing by 48X, partially attributed to the frenzy surrounding the BALD meme coin. As of July 30, Base’s TVL stands at $46.18 million,
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