![]() ![]() These 4 addresses spent 0.534 $ETH($1K) to buy 50M $BALD (50% of the total supply) within 4 mins of $BALD starting trading. Shortly after, they sold 337 million BALD tokens for $1.04 million, resulting in a remarkable profit of $1 million within a single day with a $1,000 initial investment. This represented 50% of the total supply of the meme coin’s supply. Likewise, on-chain analytics platform Lookonchain found that in just four minutes after BALD began trading, four addresses purchased 50 million worth of BALD tokens for 0.534 $ETH. For example, Crypto Twitter user who made the first tweet about the token, recorded over $1 million from a $500 investment. It went as high as $50 million on Sunday afternoon, causing a number of traders to log huge gains. The coin itself seems to have… /2zdMRZjdsSĪs BALD’s trading volume climbed, its market capitalization surged significantly. However, here comes the interesting part! ![]() It has since done a 100X in just a few hours, being one of the few coins that can be aped on BASE chain. This could mean that BALD is launched by a Coinbase insider or perhaps even Brian himself.”Ī new memecoin emerged on new chain, BASE, built on Optimism. $cbETH is the Coinbase variant of staked ETH. According to Crypto Twitter user coin itself seems to have been deployed by a whale who has connections to a large supply of $cbETH. In fact, there were speculations that someone at Coinbase issued the meme coin due to the use of Coinbase staked Ether (cbETH) to fund the same. While not having any website or a proper doxxing of the developers behind it, BALD amassed a market capitalization of $50 million a few hours after traders caught a whiff of the first tweet where the token was “mentioned.” However, as the project’s developers remove liquidity from the BALD/WETH liquidity pool, the meme coin’s value has plummeted.Ĭoinbase’s Layer 2 platform Base experienced a surge in user activity on 30 July as daily traders flocked to the OP-Stack-based platform to trade the newly-launched meme coin Bald (BALD).Īlthough Base remained in testnet and only opened up to developers in mid-July, traders who sought to book quick profits by apeing in on the meme coin found a way around it.Its market capitalization almost touched $100 million in a single day as trading intensified.During the intraday trading session on Sunday, BALD’s value rallied by 4,000,000$. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |