Bald

Coin

<ul class="news-points"> 
 <li>The obscure and new memecoin of the Coinbase-incubated Base, BALD, has exhibited an astounding rise of 10,000%.</li> 
 <li>The massive surge has created a frenzy among investors, doubting its connection to an insider trader.</li> 
 <li>Researcher Axel Bitblaze provided insights into the prevailing ambiguities and cautioned investors on the honeypots on Base.</li> 
</ul> 
The colossal surge of the obscure and relatively new <a href="https://coinedition.com/tag/meme-coin-news/" rel="noopener noreferrer nofollow">memecoin</a> built on the Coinbase-incubated Base, called Bald, pushed the crypto community into a frenzy. Investors and traders raise eyebrows while the price of the Armstrong-themed token spikes by an astounding 10,000%, currently reaching $0.0523. 
The crypto investor and NFT enthusiast, Axel Bitblaze, recently took to Twitter to share his perceptions on the mysterious Bald token. Diving deep into the implausible rise of the BALD, the researcher narrated the growing ambiguity among the community regarding insider trading and the involvement of <a href="https://coinedition.com/tag/Brian-Armstrong/" rel="noopener noreferrer nofollow">Coinbase CEO Brian Armstrong</a>. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Let's dive into the mysterious rise of <a href="https://twitter.com/search?q=%24BALD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BALD</a>, the hot new memecoin on <a href="https://twitter.com/coinbase?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@coinbase</a>'s BASE blockchain. Something smells fishy, Insider trading by Coinbase ? Keep reading:<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> 1/ <a href="https://t.co/E0CKqjzWTT" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/E0CKqjzWTT</a>— Axel Bit… 
 </blockquote> 
 </div> 
</figure> 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/balds-implausible-surge-creates-ambiguities-researchers-react/">BALD’s Implausible Surge Creates Ambiguities, Researchers React</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

BALD’s Implausible Surge Creates Ambiguities, Researchers React

Coin Edition

Other articles published on Jul 31, 2023

BALD Meme Coin Plunges to Zero in Wake of Rug Pull

Whale and Shark Wallets Load Up on Stablecoins Amid Bitcoin's Dip Below $30k

Crypto still here despite everything

Shiba Inu and Dogecoin Investors with Hype Around VC Spectra (SPCT) and Its 37.5% Return

Shibarium Hackathon Announced, Big BONE Prize Promised

How does the False Top-up attack break through the defense of the exchange?

Join our free newsletter for daily crypto updates!