Scope data on July 31 shows that 29 meme coins were launched over the weekend on Base to capitalize on the recent frenzy surrounding BaldBaseBald (BALD), a meme coin inspired by Coinbase CEO Brian Armstrong.
However, all 29 meme coins have since been rugged, with the deployer exiting with over $1 million after seeding roughly $105,000 of ETH as liquidity. Base is an Ethereum layer-2 platform based on Optimism roll-up technology.
Rug Pulls On Base
On July 29 and 30, there was excitement about the meme coin, BALD, as its prices exploded by as much as 4,000X, pushing the token’s market cap to over $100 million. This was great news for those who invested early as some exited as the wave rise, profiting.
Some builders took advantage of the hype and created meme coins to deceive investors eager to join the BALD trend, eventually resulting in losses for some meme coin token holders.
While BALD has already been rug-pulled, Scope notes that the address behind the 29 meme coins also ha
We współpracy z: https://www.newsbtc.com/news/29-meme-coins-bald-rugged-base-investors-lose-millions/
