From $500 to Million-Dollar Fortune: The Rise of BALD Memecoin on Coinbase's Blockchain
TL;DR Summary
A trader turned a $500 investment into a million-dollar fortune by trading the meme coin BALD on Coinbase's layer 2 blockchain, Base. The token, funded by Coinbase staked ether (cbETH), quickly gained popularity and reached a market capitalization of $85 million within hours. The developer of BALD tokens added more ether to a liquidity pool, resulting in over $100 million in trading volumes. Insider wallets connected to the developer sold a significant amount of BALD, netting $1 million in less than a day. However, there is currently no official support for moving funds from Base back to Ethereum.
- Trader Turns $500 to Million-Dollar Fortune With BALD Memecoin on Coinbase’s Blockchain CoinDesk
- BALD Impressive 40,000% Pump Is Almost Gone Forbes
- Meme Coin Mania Drives Degens to Base, the Ethereum Level-2 Chain from Coinbase Decrypt
- BALD Meme Coin Pumps 30,000x – is Brian Armstrong Behind it? BeInCrypto
- Explained: BALD Meme Coin Leaves Dogecoin, Shiba Inu In The Dust With 30,000% Gains - Coinbase Glb (NASDA Benzinga
- View Full Coverage on Google News
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